TCREUR_Public/160926.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, September 26, 2016, Vol. 17, No. 190


                            Headlines


B E L A R U S

OLYMPIC ENTERTAINMENT: Commences Liquidation of Belarusian Unit


C Y P R U S

RONIN PARTNERS: S&P Affirms 'B+/B' Ratings, Outlook Positive


F R A N C E

GROUPE FNAC: Moody's Assigns Ba2 CFR & Rates EUR650MM Notes Ba2
PROMONTORIA MCS: Moody's Assigns B2 CFR, Outlook Stable


G E R M A N Y

PICKENPACK HOLDING: Seeks U.S. Recognition of German Proceedings
PICKENPACK HOLDING: Chapter 15 Case Summary
SCHAEFFLER AG: S&P Raises CCR to 'BB+', Outlook Stable


I R E L A N D

CLERYS: Legal Proceedings Delay Winding-Up of Business
HUMAN + KIND: Targets EUR20MM Revenues After Examinership Exit
ST. PAUL'S CLO II: S&P Affirms BB+ Rating on Class E Notes

* Moody's Takes Rating Actions on Three Irish Banks


N E T H E R L A N D S

TMF GROUP: S&P Assigns 'B' Rating to EUR660MM Term Loan B


N O R W A Y

LOCK LOWER: Moody's Continues Review of B2 Corp. Family Rating


R U S S I A

DS-BANK LLC: Liabilities Exceed Assets, Assessment Shows
KHANTY-MANSIYSK: S&P Affirms BB+ ICR & Revises Outlook to Stable
LENINGRAD OBLAST: S&P Revises Outlook to Stable & Affirms BB+ ICR
MOSCOW CITY: S&P Revises Outlook to Stable & Affirms 'BB+' ICR
SOVEREIGN BANK: Liabilities Exceed Assets, Assessment Shows

VODOKANAL ST PETERSBURG: S&P Affirms 'BB/B' CCRs, Outlook Stable
YAMAL-NENETS: S&P Affirms 'BB+' ICR & Revises Outlook to Stable


S P A I N

UFINET TELECOM: S&P Affirms 'B' CCR, Outlook Remains Stable


U N I T E D   K I N G D O M

BHS GROUP: To Relaunch Online Following Store Closures
GHA COACHES: Owed GBP5.3MM to Creditors at Time of Administration
SANTANDER ASSET: S&P Affirms 'BB/B' Counterparty Credit Ratings


X X X X X X X X

* BOND PRICING: For the Week September 19 to September 23, 2016


                            *********


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B E L A R U S
=============


OLYMPIC ENTERTAINMENT: Commences Liquidation of Belarusian Unit
---------------------------------------------------------------
Olympic Entertainment Group (OEG) exits the Belarusian gaming
market due to the inefficient operations caused by the
macroeconomic situation and poor prospects to increase
profitability in Belarus.

The revenues and income of the Belarusian subsidiary of OEG in 1H
2016 amounted to EUR0.2 million and operating loss amounted to
EUR0.15 million.  In 1H 2016 the Belarusian operations
constituted 0.2% of the Group's total revenue and income.

The liquidation of the Belarusian subsidiary will not cause OEG
any material impairment of assets nor liquidation related costs,
which will be about EUR0.1-EUR0.2 million.


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C Y P R U S
===========


RONIN PARTNERS: S&P Affirms 'B+/B' Ratings, Outlook Positive
------------------------------------------------------------
S&P Global Ratings revised its outlook on Ronin Europe Ltd.
(Ronin Europe or the company) to positive.  S&P also affirmed its
'B+/B' long- and short-term counterparty credit ratings on Ronin
Europe.

The outlook revision reflects that S&P believes Ronin Europe, the
core subsidiary of Ronin Partners B.V. (Ronin or the group),
benefits from the group's ongoing business diversification into
new business lines, such as asset management, and its gradual
shift of operations outside of Russia.

The group has diversified revenues over the past two years by
increasing revenues from assets under management (primarily from
pension funds of the mandatory defined contribution plans).
Asset management revenues, which S&P views as generally more
stable than trading or transaction-based revenues, reached over
40% in 2015, and S&P expects they will exceed 30% on a sustained
basis (compared with less than 15% over the 2012-2014 period).
Revenues remain concentrated, however, on a limited set of very
large clients.  Ronin remains one of the most efficient companies
within its peer group, with an average cost-to-income ratio of
about 25% over the past five years and high returns on S&P Global
Ratings' risk-weighted assets exceeding 6% in 2015.

Ronin is relatively more diversified internationally from a risk
perspective than many local peers, with most clients' assets
outside Russia and fewer direct exposures to Russian risk on the
balance sheet than most peer Russian securities firms.

"We note that historically Ronin Europe has maintained a
conservative approach with regards to segregation of clients'
assets, with only a handful of accounts operating under title
transfer collateral agreements, which resulted in historical low
leverage.  The company's relatively conservative approach to
proprietary positions resulted in a very high risk-adjusted
capital ratio of more than 80% in 2015, one of the highest
capital ratios among the securities firms we rate worldwide.  We
understand that currently most cash is maintained outside Russia,
with Euroclear and JP Morgan, and we not expect any changes in
this respect going forward," S&P said.

The positive outlook on Ronin Europe reflects the gradual
diversification of the company and of its parent, Ronin Partners
B.V., from a business perspective, as well as its adherence to
sound financial standards, which S&P expects it will maintain
over the next 12-18 months.

S&P may upgrade Ronin Europe if the group reduces its dependence
from the Russian market and clientele, while maintaining sound
financial standards with respect to liquidity and capital, as
well as a conservative approach toward risk management.

S&P could revise the outlook to stable if the group substantially
increases its risk appetite, and adopts more aggressive growth
strategies that could lead to a material drop in profitability
and capitalization, or does not maintain its business
diversification. S&P could also revise the outlook to stable if
the Russian economy and operating environment deteriorate.
Lastly, S&P might lower the ratings if it believes Ronin Europe's
core status for its parent company had weakened, for example due
to reduced operations.


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F R A N C E
===========


GROUPE FNAC: Moody's Assigns Ba2 CFR & Rates EUR650MM Notes Ba2
---------------------------------------------------------------
Moody's Investors Service has assigned a first-time Ba2 corporate
family rating and Ba2-PD probability of default rating (PDR) to
Groupe FNAC S.A., a holding company owning 100% of French
consumer electronic, electrical and editorial products retailers
FNAC S.A. and Darty Plc.  Concurrently, Moody's has assigned a
Ba2 rating with a loss given default assessment of LGD4 to the
issuer's proposed EUR650 million worth of senior unsecured notes
due 2023.  The rating outlook is stable.  This is the first time
that Moody's has assigned ratings to FNAC.

"The Ba2 rating reflects FNAC's leading market position in the
French consumer electronics, white goods and editorial products
retail markets as well as its good track record of profitability
improvement and free cash flow generation over the last three
years.  The rating also factors in the recent acquisition of
Darty, which Moody's expects will result in increased scale,
enhanced product diversification and synergies from the
combination of the two entities" says Guillaume Leglise, a
Moody's analyst and lead analyst for FNAC.  "However, FNAC's
rating is constrained by the intrinsically low margin, high
operating leverage and very high seasonality of its consumer
electronic and editorial retail activities, as well as the
company's low geographic diversity."

The proceeds of the refinancing transaction will be used to (1)
refinance FNAC's bridge facility incurred in connection with the
acquisition of Darty and to redeem in full Darty's existing
notes, and (2) pay fees and expenses incurred in connection with
the proposed refinancing transaction.

                         RATINGS RATIONALE

   -- ASSIGNMENT OF Ba2 CFR --
The Ba2 CFR assigned to FNAC reflects the company's leading
market position in consumer electronics and editorial products in
France. Proforma for the acquisition of Darty, the issuer will
hold combined market shares of around 30% in consumer electronics
in France.  With the acquisition of Darty, which has been
completed on Sept. 12, 2016, FNAC will reinforce its presence in
France and will benefit from an enhanced scale as one of Europe's
largest specialist electrical good retailers, with combined
revenues of around EUR7.5 billion (of which EUR3.6 billion from
Darty). Moody's believes that the combination with Darty will
further diversify FNAC's product mix, as Darty's product offering
is more geared towards white goods (42% of revenues in FYE April-
2016) which are less discretionary and exhibit higher stability
than brown and grey good segments.  The rating agency further
recognizes the strong brand recognition of both FNAC and Darty.

Moody's also acknowledges that both FNAC and Darty have
successfully strengthened their multichannel strategies in recent
years, in order to cope with increased competition from pure play
internet retailers.  Both brands have developed an integrated
multichannel platform, with adequate logistic capabilities, pick-
up options and enhanced delivery services, which resulted into
greater online sales penetration.

However, the Ba2 CFR is constrained by the highly competitive
nature of the issuer's retail segments especially ongoing price
deflation pressure stemming from pure play internet retailers.
Consumer electronics and editorial product consumption is also
highly discretionary by nature, as FNAC's customer purchases are
highly correlated to disposable household income and consumer
confidence.  While business confidence somewhat recovered in
France during the last few quarters, the French economy still
exhibits limited growth prospects (Moody's forecasts 0.5-1.5% GDP
growth for FY2017).  With sales in the domestic market accounting
for 77% of the combined revenues in the 12 months to 30 June
2016, Moody's considers that the combined group has a fairly low
geographic diversification.

In addition, like other electrical and consumer electronics
retailers, FNAC exhibits very low operating margins and very high
operating leverage, which reflect, among others, large suppliers
clout combined with a high level of fixed costs related to a
sizeable sale force and rental expenses.

The rating also factors in FNAC's high initial leverage following
the transaction.  Proforma for the Darty's acquisition and
following the issuance of the proposed EUR650 million bond,
Moody's estimates FNAC's (gross) debt/EBITDA at around 4.2x at
end June 2016 (including Moody's adjustments).  Nevertheless,
Moody's acknowledges that the 30% share component of the Darty's
acquisition limits the company's leverage post-acquisition.

While FNAC's initial leverage metric would map to the low-end of
the Ba-rating category, Moody's believes that the combined group
offers some deleveraging prospects helped by the synergies
expected from the integration of Darty.  The combination of the
two banners offer some cost rationalization opportunities,
notably in respect of procurement terms in France.  The company
expects to realize the revenues and cost synergies on a run-rate
basis by FYE2019, for an aggregated amount of EUR130 million, of
which half are expected to materialize in FYE2017.  Moody's
expects FNAC's Moody's-adjusted leverage will trend below 4.0x by
FYE2017 owing to modest top line growth together with the
integration of Darty, including release of estimated synergies.

That being said, Moody's cautions that the integration of Darty
entails some execution risks: the integration of the two large
banners with distinct different corporate cultures is likely to
demand a considerable amount of management time and attention to
secure a successful combination and efficiency of the enlarged
group.  Moreover, FNAC will have to address quickly the headwinds
faced by Darty in the tough Dutch retail market, where it is loss
making, and deal with the recovery of FNAC's Brazilian
operations.

Furthermore, Moody's cautions that FNAC's operations are very
seasonal by nature, translating into large working capital
requirements ahead of the peak Christmas and New Year period.
Moody's nevertheless views FNAC's liquidity as adequate,
supported by an ample cash balance expected to be above EUR600
million as at 31 December 2016 and proforma of the proposed bond
transaction. FNAC's liquidity profile is also supported by a
covenanted EUR400 million revolving credit facility (RCF)
maturing in 2021.  Moody's considers it is important that the
company maintains sufficient availability under its credit
facility, with unimpeded access to its RCF and adequate headroom
under its financial covenants at all times, in order to cope with
the seasonality embedded in its operations.  Moody's expects
covenant headroom will remain satisfactory in the next 12 to 18
months.

FNAC has established a good track record of positive free cash
flow generation over the last three fiscal years, owing to
improving profitability, working capital efficiency and
controlled capex.  Moody's expects positive free cash flow
generation will continue in the next 12 to 18 months supported by
continued profitability improvement owing to the achievement of
the planned synergies, and tight control of capex reflecting to
some extent by the company's asset-light expansion through
franchise development.

FNAC historically had a conservative financial policy with
limited debt, ample cash on balance sheet necessary to meet
seasonal swings in working capital and no dividends paid to its
shareholders since the partial IPO in 2013.  Moody's expects the
company will maintain a prudent financial policy with balanced
returns to shareholders, controlled capex and limited bolt-on
acquisitions, as FNAC continues to strengthen its product
offering in selective categories (such as Izneo, acquired in
February 2016).  Moody's rating assessment does not capture any
further material acquisition.

                    STRUCTURAL CONSIDERATIONS

The Ba2 rating (LGD4), in line with the CFR, assigned to the
issuer's proposed EUR650 million worth of senior unsecured notes,
reflects their pari passu position in the capital structure with
the issuer's EUR200 million unsecured term loan due 2021 and the
EUR400 million RCF due 2021.  The proposed senior unsecured notes
will benefit from the same guarantor package as the term loan and
RCF, which include upstream guarantees from FNAC S.A.'s and Darty
Plc's guarantor subsidiaries representing 84.0% of the issuer's
proforma EBITDA and 42.3% of proforma total assets.  In
accordance with Moody's Loss-Given-Default Methodology, Moody's
ranks at the top of the debt waterfall Darty's UK pension
liabilities (legacy pension scheme from Comet) followed by all
unsecured creditors together with the trade payables.  The term
loan and RCF contain two financial covenants: a rent adjusted
leverage ratio and a rent adjusted interest coverage ratio,
tested semi-annually.

                  RATIONALE FOR THE STABLE OUTLOOK

The stable rating outlook reflects our expectation that FNAC will
slowly improve its operating margins and maintain a positive free
cash flow generation supported by continued improvement of
consumer sentiment in France and good execution of its commercial
strategy.  Moody's also expects benefits from the integration of
Darty, through the achievement of the planned synergies.  In
addition, the Ba2 CFR factors in the maintenance of an adequate
liquidity profile.

              WHAT COULD CHANGE THE RATING UP/DOWN

An upgrade of FNAC to Ba1 would require evidence of a successful
integration of Darty including the successful realization of the
announced synergies, evidence of sustainable margin enhancement
as well as a confirmation of prudent financial policies at the
combined entity.

Quantitatively an upgrade would require (1) a Moody's-adjusted
debt/EBITDA ratio for the combined entity below 3.5x; (2) a
Moody's-adjusted EBIT/Interest Expense ratio at or above 2.5x;
and (3) a positive free cash flow generation, on a sustainable
basis.

Downward pressure on the rating and/or outlook could occur if
there is evidence that FNAC is not able to further improve its
operating margins, address structural issues in loss-making
markets, and fails to successfully complete the integration of
Darty.  A deterioration in FNAC's liquidity profile or more
aggressive financial policies could also result in a negative
rating action.

Quantitatively, (i) a Moody's-adjusted debt/EBITDA ratio
approaching 4.5x, (ii) a Moody's-adjusted EBIT/Interest Expense
ratio approaching 2.0x, and (iii) a negative free cash flow
generation for a prolonged period of time could exert pressure on
the rating.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Retail
Industry published in October 2015.

Headquartered in Paris, France, Groupe FNAC S.A. is a French
retailer of cultural, leisure and technological products.
Proforma of the Darty's acquisition, the company's main product
categories will be consumer electronics (52% of sales in the 12
months to 30 June 2016), white goods (20%), editorial products
(19%) and services & accessories (9%).  The company reported
revenues (proforma of Darty) of EUR7.5 billion and proforma
EBITDA of around EUR291 million in the 12 months to June 30,
2016.


PROMONTORIA MCS: Moody's Assigns B2 CFR, Outlook Stable
-------------------------------------------------------
Moody's Investors Service has assigned a B2 Corporate Family
rating (CFR) to Promontoria MCS SAS (MCS), a purchaser of non-
performing loans (NPLs).  Moody's has also assigned a B2 rating
to the EUR200 million long term senior secured bond issued by
MCS. The outlook on the bond is stable.

                          RATINGS RATIONALE

MCS operates as the leader in the French debt purchasing market
by purchasing from banks their non-performing loans to small and
medium-sized enterprises as well as consumers on an unsecured and
mortgage basis.  The company acquires mainly secured large (i.e.
above EUR20,000 balance) NPLs at a deep discount to the total
outstanding loan, and uses third-party and in-house collection
teams in the process of debt collection, generally through
litigation if settlement is not achieved beforehand.  MCS also
acts as a servicer of performing and non-performing bank debt.
In 2016, the debt purchasing operations account for 93% of MCS's
activities although the company has recently made a binding offer
for a debt servicing contract with Credit Immobilier de France
Developpement.  MCS was acquired in 2014 by Cerberus Capital
Management L.P. (Cerberus).

The CFR of B2 reflects MCS's leadership in the French debt
purchasing market; adequate profitability with a 30-year track
record mitigating model pricing risk of the purchased portfolios;
and lower than peers' leverage with predictable cash flow.  The
rating also reflects the company's monoline business model, which
is both significantly smaller and less diversified than peers',
and its ambitious organic growth strategy.  The rating further
takes into account the company's significant supplier
concentration and volatility of debt supply, as well as potential
key man risk and its unregulated status (albeit mitigated by a
strong risk culture).

MCS's refinancing package incorporates EUR200 million Senior
Secured Notes, which are guaranteed on a senior basis by its
operating subsidiary M.C.S et Associes SAS, as well as a super
senior EUR25 million Revolving Credit Facility (RCF), fully
undrawn at inception.  Both the Senior Secured Notes and the RCF
are secured by a first ranking security interest in substantially
all the assets and EBITDA of the issuer and the guarantor.

Following the completion of the bond issuance, Moody's expects
MCS to have a negative Tangible Common Equity to Tangible Managed
Assets ratio, broadly in line with B2-rated peers, and a modest
amount of leverage at around 3.4x EBITDA, consistent with the B2
rating levels.  Moody's positively notes that the company: (1)
has achieved significant deleveraging since 2014; (2) does not
need to achieve its ambitious growth targets to deleverage
because a run-off scenario would itself lead to a reduction in
leverage; and (3) has shown predictable cash flows during the
past three years.

Moody's expects the proposed funding structure to improve MCS's
liquidity and lengthen the maturity profile of its debt.
However, Moody's notes that the company's debt will be
concentrated at the maturity of the proposed secured bond
issuance, which increases refinancing risk.

In the first half of 2016, adjusted EBITDA-to-interest expense
was modest at around 4x.  Although Moody's anticipates that
interest coverage will fall due to the increased interest expense
resulting from the proposed bond issue, the rating agency expects
it to remain above 3x, consistent with the B2 ratings.

The receivables that MCS acquires are generally non-performing
and are therefore, in Moody's view, speculative in nature.  In
addition to this, Moody's notes some key risks inherent in MCS's
business model.

First, as a monoline business, the company is more concentrated
than peers in terms of debt suppliers, geographic mix, asset
classes and business activity.  This concentration is mitigated
to a certain extent by the level of granularity of the portfolio
of purchased receivables.  Furthermore, Moody's recognizes that
supplier concentration is a feature common to debt purchasing
companies both in Europe and the US, given the limited number of
debt originators in the market.  This risk is also mitigated to
some extent by MCS's long-standing relationships with most of the
major debt originators in France and its reliance on litigation
for collection purposes -- i.e. acting through the law courts --
reduces customer complaints and reputation risk.

Second, with Estimated Remaining Collections (ERC) -- a measure
of future cash flows -- of EUR330 million in 2015, the company is
significantly smaller than its peers, which typically have ERC
above EUR1 billion.  Over the next three years, the company will
embark on a significant organic growth plan with the resources
provided by the bond issue, targeting ERC of EUR550 million.  A
key challenge for the company will be to purchase sufficient NPLs
to increase its ERC without compromising on price and/or risk
standards.  Moody's takes comfort, in this respect, from the good
growth prospects for the French market and the company's proven
track record of profitable portfolio acquisitions, suggesting
pricing skills and discipline.

Third, MCS lacks the breadth and depth of management of larger
operators in this business and, unlike others, is unregulated,
although operating in parallel with the regulated banking
environment.  This is mitigated, in Moody's view, by the
company's strong risk culture.

The significant private equity ownership of the firm also brings
an element of uncertainty with regards to the timing and method
of exit of the investment, although Moody's expects Cerberus to
manage its exit without compromising the company's strategy or
financial positioning.

These ratings have been assigned:

Promontoria MCS SAS
  Corporate Family Rating, Assigned B2
  Senior Secured Regular Bond/Debenture, Assigned B2, Stable

              WHAT COULD CHANGE THE RATING UP / DOWN

Moody's could upgrade MCS's CFR following sustainable
improvements in: (1) leverage, with gross debt to adjusted EBITDA
below 3x; (2) profitability, with the adjusted EBITDA to interest
expenses above 3.5x; (3) capital position, with a positive
Tangible Common Equity over Tangible Managed Assets; and/or (4)
diversification, for example a shift towards servicing, while
showing a track record of achieving projections.

Conversely, Moody's could downgrade MCS's CFR should: (1) gross
debt to adjusted EBITDA climb above 5.5x; (2) adjusted EBITDA to
interest expenses fall below 2x; and/or (3) the company fail to
manage appropriately its step-up in growth.

                       PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Finance
Companies published in October 2015.


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


PICKENPACK HOLDING: Seeks U.S. Recognition of German Proceedings
----------------------------------------------------------------
Friedrich von Kaltenborn-Stachau, in his capacity as insolvency
administrator of Pickenpack Holding Germany GmbH, has filed a
voluntary petition under Chapter 15 of the Bankruptcy Code in the
U.S. Bankruptcy Court for the Southern District of New York.

The Petitioner seeks recognition in the United States of
insolvency proceedings of Pickenpack Holding and subsidiaries
Pickenpack Europe GmbH, Pickenpack Production Luneburg GmbH, and
TST The Seafood Traders GmbH pending in Germany.

The Chapter 15 case was commenced primarily to establish standing
to assert certain claims in the courts of the United States, to
facilitate the German Proceeding, and to protect the Pickenpack
Entities's rights and claims in the United States.

Although the Pickenpack Entities do not have a place of business
in the United States, they said they have property consisting of
a retainer held in a client trust account with Curtis, in New
York, and intangible property in the form of claims and causes of
action.

"The Petitioner believes that the German Proceeding, with the
assistance of this Court, offers the best means of liquidating
the Company and achieving a global, equitable resolution of the
Company's liabilities," said Lynn P. Harrison, III, Esq., at
Curtis, Mallet-Prevost, Colt & Mosle LLP, one of the Petitioner's
attorneys.

In December last year, the Pickenpack Entities filed an
insolvency proceeding with the Local Court of Luneburg, Germany,
under the Insolvency Statute of Oct. 5, 1994, as last amended by
Article 19 of the Act of Dec. 20, 2011, citing illiquidity and
huge amount of debt.  The German Court issued an order opening
the German Proceedings over the assets of the Pickenpack Entities
on March 1, 2016, and appointing von Kaltenborn-Stachau as the
Insolvency Administrator.

Prior to the German Proceedings, the Pickenpack Entities were one
of the leading producers of deep-frozen fish and seafood products
(imported from the U.S., Russia or China) for the "private label
market" in Germany and Europe.  Due to the lack of currency
hedging between the U.S. dollar and Euro, the business generated
losses, von Kaltenborn-Stachau said.

In 2013, the management of the Pickenpack Entities made efforts
to restructure in order to reduce costs and expenses.  Part of
this restructuring process was the relocation of production
capacity from Luneburg to Riepe which resulted in the reduction
of headcount by 140 employees.  Athough material savings in costs
and expenses were achieved, the restructuring was not
sustainable, added von Kaltenborn-Stachau.

Shortly after his appointment, the Petitioner brought in Ernst &
Young GmbH to solicit potential purchasers for the Pickenpack
Entities.  E&Y subsequently contacted more than 100 potential
interested parties of which seven investors submitted offers.
Because of the lack of customer approval and insufficient offer
amounts, these offers did not result in a sale of the assets,
according to court papers.

Based on a determination that the ongoing costs required to
continue the business and operations outweighed the costs of a
closure, the Petitioner decided, with the consent of the
creditors' committees for each of the Pickenpack Entities, on the
closure of the business and operations for each of the Pickenpack
Entities.  In June 2016, the Petitioner closed down operations
for PP Production and PP Europe in Luneburg and sold all assets
of TST to Trident, which continues to operate TST in Riepe.

Founded in 1906, the Pickenpack Entities were established as a
fishery company devoted to the catching, processing and selling
of fish.  In the 1950s, the business was changed from a fishery
to the processing and trading of deep-frozen fish products and
eventually established a processing factory in Luneburg, Germany
in 1975.  In 2013, the business was expanded by the addition of
TST, which was acquired by PP Holding from Leuchtturm
Beteiligungs- und Holding Germany GmbH.  TST's most significant
asset was a food factory in Riepe, Germany.

The Pickenpack Entities business consisted of processing
facilities in Luneburg, Germany (run by PP Production) and Riepe,
Germany (run by TST) producing approximately 75,000 tons of deep-
frozen fish per year in the aggregate.  Customers were located
within the European Union, with the majority of the customers
being Germany's major retail companies and conglomerates.


PICKENPACK HOLDING: Chapter 15 Case Summary
-------------------------------------------
Chapter 15 Debtors:

      Pickenpack Holding Germany GmbH                   16-12681
      Lner Rennbahn 9
      Lneburg 21339
      Germany

      Pickenpack Europe GmbH                          16-12682

      Pickenpack Production Luneburg GmbH             16-12683

      TST The Seafood Traders GmbH                      16-12684

Type of Business: Processor and trader of deep-frozen fish
                  products

Authorized Representative: Friedrich von Kaltenborn-Stachau

Chapter 15 Petition Date: September 22, 2016

Court: United States Bankruptcy Court
       Southern District of New York (Manhattan)

Judge: Hon. James L. Garrity Jr.

Chapter 15 Petitioner's Counsel: Lynn P. Harrison, III, Esq.
                                 Turner P. Smith, Esq.
                                 Peter J. Buenger, Esq.
                                 CURTIS, MALLET-PREVOST, COLT &
                                 MOSLE, LLP
                                 101 Park Avenue
                                 New York, NY 10178-0061
                                 Tel: (212) 696-6028
                                 Fax: (212) 697-1559
                                 E-mail: lharrison@curtis.com
                                         tsmith@curtis.com
                                         pbuenger@curtis.com

Estimated Assets: Not Indicated

Estimated Debts: Not Indicated


SCHAEFFLER AG: S&P Raises CCR to 'BB+', Outlook Stable
------------------------------------------------------
S&P Global Ratings raised its long-term corporate credit ratings
to 'BB+' from 'BB' on Schaeffler AG and Schaeffler Verwaltung
Zwei GmbH (SVZ; to be renamed IHO Verwaltungs GmbH), members of
the Germany-based automotive component and systems and industrial
bearings manufacturing group, Schaeffler.  The outlook is stable.

At the same time, S&P has raised to 'BB+' from 'BB' the issue
ratings on Schaeffler Finance B.V.'s senior secured notes ($700
million 4.25% senior secured notes due 2021, EUR500 million 3.5%
senior secured notes due 2022, EUR400 million 2.5% senior secured
notes due 2020, $600 million 4.75% senior secured notes due 2023,
and EUR600 million 3.25% senior secured notes due 2025).  The
recovery rating on these debt instruments is '3', reflecting
S&P's expectations of meaningful recovery, in the higher half of
the 50%-70% range, in the event of a payment default.

S&P has also raised to 'BB-' from 'B+' the issue ratings on SVZ
(to be renamed IHO Verwaltungs GmbH) recently issued payment in
kind (PIK) toggle notes: EUR750 million notes and $500 million
notes due 2021, EUR750 million notes and $500 million notes due
2023, EUR750 million notes and $500 million notes due 2026.  The
recovery rating on these debt instruments is '6', indicating
S&P's expectations of negligible (0%-10%) recovery in the event
of a payment default.

The upgrade follow Schaeffler's announcement that Schaeffler
Verwaltung Zwei GmbH (SVZ; to be renamed IHO Verwaltungs GmbH)
has placed EUR3.6 billion of new bonds and will use EUR1.7
billion to fully repay Schaeffler AG's loan notes.  Schaeffler AG
will use the proceeds to reduce its debt.  The transaction volume
and debt reduction at Schaeffler AG is about EUR1 billion higher
than S&P initially expected and has therefore led S&P to revise
its previous assessment.

The transaction will further reduce interest costs for Schaeffler
group.  Specifically, S&P anticipates that the group's funds from
operations (FFO) to debt will now be about 20% at year-end 2016
at the combined operating and holding level, compared with S&P's
previous expectation of about 15%-20% for 2016.  For 2017, S&P
expects ratios at the group level to be about 25%.

"We continue to apply our group rating methodology to Schaeffler
AG due to strong ties to the Schaeffler group.  Nevertheless, we
have changed our assessment of Schaeffler AG within the group to
highly strategic from core, primarily because of the fall away of
cross-default language for the credit facilities at the SVZ
level. In addition, we do not delink Schaeffler AG from the group
since INA-Holding Schaeffler GmbH & Co.  KG preserves control of
the group through its indirect 75% capital stake in Schaeffler AG
and 100% voting rights.  In addition, we do not apply our
investment holding criteria to Schaeffler group as the company is
only active in two industries (automotive and industrial) and not
in three as requested by our criteria," S&P said.

S&P equalizes its corporate credit rating on Schaeffler AG with
our group credit profile (GCP) for the Schaeffler group.  S&P
calculates its group credit ratios based on consolidated INA-
Holding Schaeffler GmbH & Co.KG (Schaeffler group) accounts with
its 46% stake in Continental at equity.

S&P expects SVZ to change its name to IHO Verwaltungs GmbH.
Renaming will only become effective in September or October 2016,
subject to entry in the commercial register.  In this report S&P
refers to SVZ.

S&P has revised upward its assessment of Schaeffler AG's stand-
alone credit profile (SACP) by one notch to 'bbb-', reflecting
significantly lower debt levels after the expected EUR1.7 billion
debt repayment.  The SACP remains one notch above the GCP for the
group, reflecting lower leverage at the operating company.  S&P
expects Schaeffler AG will have about EUR4.2 billion less debt at
year-end 2016 than the Schaeffler group.  S&P's assessment of the
SACP reflects an unchanged satisfactory business risk and revised
significant financial risk profile.  S&P no longer applies a
positive comparable rating modifier.

The stable outlook reflects S&P's opinion that the Schaeffler
group will maintain a strong operating performance in 2016-2017,
including an adjusted EBITDA margin of approximately 18%.  S&P
views adjusted FFO to debt of about 25% and debt to EBITDA below
3.0x as being in line with S&P's 'BB+' rating.  This is at
Schaeffler group level, including debt at SVZ.

S&P would likely lower the rating if Schaeffler group
meaningfully underperformed S&P's base-case expectations, with
FFO to debt falling sustainably below 20%.  This scenario could
unfold as a result of a significant slowdown in emerging
countries as well as developed economies, or if the group
experienced pronounced cuts in orders from some of its larger
customers.

S&P could raise the rating if Schaeffler group further reduced
debt and strengthened its FOCF generation.  This could occur if
the group's credit profile strengthened, with FFO to debt
consistently well above 30% and debt to EBITDA below 2.0x.


=============
I R E L A N D
=============


CLERYS: Legal Proceedings Delay Winding-Up of Business
------------------------------------------------------
Mark Paul at The Irish Times reports that the liquidators of
Clerys say the winding up of the old Dublin department store is
being delayed by legal proceedings and could take a further two
years to complete.

The liquidators also confirm they have made reports to the Office
of the Director of Corporate Enforcement (ODCE) about the alleged
conduct of its directors, The Irish Times relates.

According to The Irish Times, Eamonn Richardson and Kieran
Wallace, the KPMG insolvency specialists appointed by the High
Court to wind up OCS Operations, the Clerys operating business,
have filed documents with the Companies Registration Office
outlining their activities over the first year of the
liquidation, up until June this year.

The documents show the liquidators realized EUR2.21 million over
the first 12 months following the closure, including EUR810,000
from a sale of its assets, and the recovery of a "non-trade" debt
of EUR241,000, The Irish Times discloses.

The liquidators are obliged to state how long the wind-up is
likely to take, and estimated "18-24 months", The Irish Times
notes.

The liquidators also state they made two so-called "section 682
reports" to the ODCE about the alleged conduct of the directors
of OCS Operations prior to the liquidation, The Irish Times
relays.

Dublin-based Clery's operates the Best menswear stores, along
with other fashion stores, across Ireland.


HUMAN + KIND: Targets EUR20MM Revenues After Examinership Exit
--------------------------------------------------------------
Gavin Daly at The Sunday Times reports that Human + Kind, a Cork
skincare products business, is targeting annual revenues of
EUR20 million within three years after being rescued from
examinership.

Jeremy Smith, a US businessman who moved to Ireland from
Singapore last year, has invested over EUR500,000 to take a
majority stake in Human + Kind, which went into examinership in
February, The Sunday Times relates.

According to The Sunday Times, Mr. Smith, a former director of
global skincare at Johnson & Johnson, said the company paid all
creditors in full and is targeting an aggressive increase in
sales.


ST. PAUL'S CLO II: S&P Affirms BB+ Rating on Class E Notes
----------------------------------------------------------
S&P Global Ratings affirmed its credit ratings on St. Paul's CLO
II Ltd.'s class A to E notes.

The affirmations follow S&P's assessment of the transaction's
performance using data from the August 2016 trustee report and
the application of S&P's relevant criteria.

S&P subjected the capital structure to a cash flow analysis to
determine the break-even default rate (BDR) for each rated class
at each rating level.  The BDR represents S&P's estimate of the
maximum level of gross defaults, based on S&P's stress
assumptions, that a tranche can withstand and still fully repay
the noteholders.  In S&P's analysis, it used the portfolio
balance that it considers to be performing, the current weighted-
average spread, and the weighted-average recovery rates
calculated in line with S&P's corporate collateralized debt
obligation (CDO) criteria.  S&P applied various cash flow
stresses, using its standard default patterns, in conjunction
with different interest rate stress scenarios.

Since S&P's Feb. 13, 2014 effective date analysis, the aggregate
collateral balance has increased.  In S&P's view, this has
increased the available credit enhancement for all of the rated
classes of notes.  S&P has also observed a small percentage
increase in assets rated in the 'CCC' category ('CCC+', 'CCC',
and 'CCC-').  There are no assets classified as defaulted.

S&P has observed that non-euro-denominated assets currently make
up 6.6% of the aggregate collateral balance.  A cross-currency
swap agreement hedges these assets.

Taking into account the results of S&P's credit and cash flow
analysis and the application of its current counterparty
criteria, S&P considers that the available credit enhancement for
all classes of notes is commensurate with the currently assigned
ratings.  S&P has therefore affirmed its ratings on all classes
of notes.

St. Paul's CLO II is a cash flow collateralized loan obligation
(CLO) transaction that securitizes loans to primarily
speculative-grade corporate firms.  The transaction closed in
July 2013 and is managed by Intermediate Capital Managers Ltd.

RATINGS LIST

Class       Rating

St Paul's CLO II Ltd.
EUR400 Million Floating-Rate Notes

Ratings Affirmed

A           AAA (sf)
B           AA (sf)
C           A (sf)
D           BBB (sf)
E           BB+ (sf)


* Moody's Takes Rating Actions on Three Irish Banks
---------------------------------------------------
Moody's Investors Service has upgraded the deposit ratings of
three Irish banks: Allied Irish Banks, p.l.c. (AIB), Bank of
Ireland (BoI) and Permanent tsb p.l.c. (PTSB).  The deposit
ratings on KBC Bank Ireland PLC (KBCI), Ulster Bank Limited (UBL)
and Ulster Bank Ireland DAC (UBID) were affirmed.  The rating
actions were driven by a sharply improved operating environment,
which led to an increase in the Macro Profile of Ireland (A3
positive) to 'Strong' from 'Moderate+' under Moody's banking
methodology, as well as favorable developments in other credit
fundamentals, notably asset quality.

As part of the same action, Moody's upgraded the baseline credit
assessments (BCA) of AIB, BoI, PTSB, UBID and UBL and affirmed
the BCA of KBCI.  The rating agency upgraded the senior unsecured
ratings of AIB and PTSB and affirmed the senior unsecured ratings
of BoI.  Moody's maintained the positive outlook on BOI, AIB and
UBL's long-term senior unsecured debt ratings and changed the
outlook to positive from stable on the long-term senior ratings
of UBID and PTSB.  The outlook on the deposit rating of KBCI
remains stable.

"The main driver for the rating actions is the improvement in
credit conditions in the banking system following the rapid and
material deleveraging of the private sector, as well as stronger
funding conditions as most banks have regained the ability to
issue different debt instruments.  These positive developments
have been reflected in an increase in Moody's Macro Profile for
Ireland," says Laurie Mayers, an Associate Managing Director at
Moody's.  "The rating actions also incorporate the strengthening
of the banks' credit fundamentals, especially the progress they
have made in reducing non-performing assets, improving the
quality of earnings and strengthening their capital metrics."

                        RATINGS RATIONALE

Moody's rating methodology for banks includes an assessment of
each individual country's operating environment, expressed as a
Macro Profile, which is designed to capture system-wide factors
that are predictive of the propensity of banks to fail.  The
Macro Profile assigned to each bank informs the financial
factors, which are key inputs into the determination of each
bank's baseline credit assessment (BCA).

Today's actions reflect the following considerations: (1) the
increase in Ireland's Macro Profile to 'Strong' from 'Moderate+';
and (2) improvements in other credit fundamentals, notably asset
quality, capital and profitability.

CHANGE IN THE MACRO PROFILE TO 'STRONG' FROM 'MODERATE+'

Moody's has changed Ireland's Macro Profile to 'Strong' from
'Moderate+' to reflect the improvements in the banks' funding
conditions and the deleveraging of the private sector.

Following the banking crisis, capital market conditions for the
Irish banks have materially improved, with the three largest
domestic banks (AIB, BOI and PTSB) able to issue capital and
hybrid capital instruments in 2015.  The rating agency believes
that Irish banks will continue to maintain their access to the
market at competitive prices during 2016, and will potentially
increase their debt issuance.

Irish private sector debt remains very high compared to other
European peers', but is rapidly declining.  Irish households'
debt-to-gross disposable income ratio decreased to 170% at end-
2015 from 185% at end-2014.  The Irish banking sector remains
highly concentrated, which provides banks with pricing power.

SPECIFIC ANALYTICAL FACTORS FOR THE SIX BANKS
AIB

The upgrade of AIB's ratings was driven by the upgrade of the
bank's BCA to ba2 from ba3.

AIB's BCA of ba2 reflects the bank's: (1) very high, albeit
decreasing, stock of problem loans compared to European peers,
partly mitigated by the relatively high coverage levels and
strong operating environment; (2) solid capital levels, with a
relatively high tangible common equity (TCE) over risk-weighted
assets (RWA) ratio of 16.7%; (3) still modest core profitability,
partly offset by improvements in quality of earnings and recovery
toward a sustainable business model; and (4) a funding profile
rebalanced toward customer deposits and a comfortable liquidity
position.

The positive outlook on AIB's long-term deposit and debt ratings
reflects the improving trends in asset quality and quality of
earnings.

AIB's long-term debt and deposit ratings could be upgraded as a
result of: (1) an upgrade in its standalone ba2 BCA; or (2) a
significant increase in the bank's bail-in-able debt.  The bank's
BCA could be upgraded because of: (1) a further reduction in non-
performing loans; (2) an increase in solvency ratios beyond
Moody's expectations; and (3) a sustained improvement in pre-
provision profitability.

AIB's ratings could be downgraded as a result of: (1) a downgrade
of its standalone ba2 BCA; or (2) redemption of maturing
subordinated instruments without their replacement.  AIB's BCA
could be downgraded because of: (1)a deterioration in the bank's
asset risk metrics; (2) a weakening of its solvency profile; and
(3) a worsening of its core profitability ratios.

                               BOI

The upgrade of BOI's deposit ratings was driven by the upgrade of
the bank's BCA to ba1 from ba2.

The upgrade of BOI's BCA reflects the bank's: (1) significant
improvements in asset quality, reflected in the bank's problem
loan ratio, which declined to 9.7% as of June 2016 from 13.6% a
year earlier; (2) maintenance of adequate capital levels despite
headwinds, such as the negative impact of the defined benefit
plan deficit volatility; (3) improved profitability, in
particular, stronger core income generation; and (4) lower
reliance on market funding, reflected in a decline in the market
funds to tangible banking assets ratio to 9.3% as of June 2016
from 11.5% as of June 2015.  Moody's believes the bank's funding
structure will now stabilize close to the current level.

The Baa2 senior unsecured rating was affirmed because the upgrade
of the bank's BCA was offset by a reduction of one notch in the
uplift resulting from Moody's Advanced Loss Given Failure (LGF)
analysis.  The senior unsecured rating now benefits from only one
notch of uplift from Moody's Advanced LGF analysis and one notch
of government support, which remains unchanged at one notch.

The positive outlook on BOI's long-term deposits and senior debt
ratings reflects the improving trends in the bank's financial
strength, in particular Moody's expectation of a further
reduction of problem loans.  The positive outlook on senior debt
also reflects Moody's expectation of additional subordinated debt
issuance, which would reduce its loss-given-failure.

BOI's long-term debt and deposit ratings could be upgraded as a
result of: (1) an upgrade in its standalone ba1 BCA; or (2) a
significant increase in the bank's bail-in-able debt.  The bank's
BCA could be upgraded driven by: (1) further reductions in non-
performing loans; (2) improved capital metrics; while maintaining
(3) stable profitability, funding and liquidity metrics.

BOI's ratings could be downgraded as a result of: (1) a downgrade
of its standalone ba1 BCA; or (2) the redemption of maturing
subordinated instruments without their replacement.  BOI's BCA
could be downgraded because of: (1) a deterioration in the bank's
asset quality; (2) increased volatility of its capital metrics;
(3) a deterioration of its profitability metrics; or (4) a
significant increase in the use of confidence sensitive wholesale
funding or a material reduction in liquid assets.

                             KBCI

The affirmation of KBCI's ratings was driven by the affirmation
of the bank's BCA of b3 and its adjusted BCA of ba1.

The affirmation of KBCI's BCA reflects the bank's: (1) improved
profitability after net income-to-tangible banking assets
increased to 0.6% in 2015 from -0.6% in 2014, according to
Moody's calculations; (2) reduced reliance on its parent, KBC
Group, for funding following a 22% increase in customer deposits
in 2015; and (3) the maintenance of solid capital ratios, albeit
still below those of peers.  However, the BCA remains constrained
by the bank's still high level of problem loans, which is
reflected in a 47.4% problem loan ratio as of December 2015, down
from 51.5% as of December 2014.

The stable outlook on the deposit ratings reflects Moody's view
that further positive pressure on the bank's credit fundamentals
is, however, unlikely to affect the bank's adjusted BCA, which is
more heavily influenced by KBC's own creditworthiness, as
reflected in five notches of affiliate support.

KBCI's long-term deposit ratings could be upgraded as a result of
a significant increase in the bank's bail-in-able debt.  The
bank's BCA could be upgraded due to: (1) significant improvements
in asset quality while maintaining adequate capital metrics; (2)
continued positive profitability; and (3) a further reduction of
the bank's reliance on its parent for funding.

KBCI's ratings could be downgraded as a result of: (1) a
downgrade of its standalone BCA; (2) a reduction in the amount of
deposits that Moody's considers to be bail-in-able or 'junior';
or (3) a reduction in the likelihood of support from KBC.  KBCI's
BCA could be downgraded because of: (1) a significant
deterioration in the bank's capital level; (2) a reversal in the
improving profitability trend; (3) a deterioration in asset
quality; or (4) an increase in its reliance on KBC group's
funding.

                              PTSB

Moody's upgrade of PTSB's ratings was driven by its upgrade of
the bank's BCA to b3 from caa1.

The upgrade of PTSB's BCA reflects the bank's: (1) strengthened
capital metrics following deleveraging and capital issuances with
a TCE/ RWA ratio of 17.4% as of June 2016, up from 14.5% as of
December 2015; (2) further reduction of downside risk as the
bank's problem loan ratio declined to 20.2% as of June 2016 from
21.1% as of December 2015; (3) improving profitability after the
bank reported a return to statutory profitability during the
first half of 2016; and (4) stable wholesale funding profile,
albeit with heavy reliance on monetary authority funding, and
adequate liquidity levels.

The positive outlook on PTSB's long-term deposits and senior debt
ratings reflects the improving trends in the bank's credit
fundamentals, despite the potential decline in the capital and
profitability metrics following a potential disposal of its
remaining UK non-core portfolio.

PTSB's long-term debt and deposit ratings could be upgraded as a
result of: (1) an upgrade of its standalone b3 BCA; or (2) a
significant increase in the bank's bail-in-able debt.  The bank's
BCA could be upgraded due to: (1) continued solid capital metrics
following the sale of the remaining UK assets; (2) improved asset
quality metrics; and (3) reduced reliance on wholesale funding.

PTSB's ratings could be downgraded as a result of: (1) a
downgrade of its standalone b3 BCA; or (2) the redemption of
maturing instruments without their replacement.  PTSB's BCA could
be downgraded because of: (1) a significant deterioration in the
bank's capital level; (2) a reversal in the improving
profitability trend; (3) a deterioration in asset quality; or (4)
a significant increase in the use of confidence sensitive
wholesale funding or a material reduction in liquid assets.

                               UBID

The affirmation of UBID's ratings was driven by the affirmation
of the bank's adjusted BCA of ba1.  UBID's standalone assessment
was upgraded by three notches to ba2 from b2 because of the
change of the Macro Profile and strong improvements in its credit
fundamentals; however, the bank's adjusted BCA is more heavily
influenced by support from its parent, the The Royal Bank of
Scotland plc (RBS, A3/A3 positive, ba1).

The bank's BCA of ba2 incorporates: (1) its rapidly reducing
stock of problem loans, albeit still high compared to peers'; (2)
solid capital levels, which Moody's expects to decline over the
outlook period, but to remain adequate in relation to the bank's
risk profile; (3) weak, but improving quality of earnings and
pre-provision profitability; and (4) balanced funding profile and
comfortable liquidity positions.

The adjusted BCA of ba1 incorporates a very high likelihood of
affiliate support from RBS.  This reflects Moody's view that UBID
remains an integral part of RBS's current strategy.

Moody's changed the outlook on all of UBID's long-term ratings to
positive from stable in line with the outlook on the ratings of
its parent, RBS.

UBID's BCA could be upgraded if the bank continues to strengthen
its credit fundamentals, reduces the amount of legacy and non-
performing assets on its balance sheet and improves its pre-
provision profitability.  An upgrade of the parent's BCA,
resulting in a positive change in UBID's adjusted BCA, would also
positively affect all ratings.  UBID's deposit and issuer ratings
could also be upgraded if the bank were to issue significant
amounts of senior and/or subordinated long-term debt.

UBID's BCA could be downgraded because of a decline in its
capital levels beyond what is already factored into Moody's
assessment, a strong increase in the use of market funding and a
deterioration in the liquidity position.  A downgrade of RBS's
BCA could result in a reduced capacity to support UBID and
therefore downgrades to all UBID's instrument ratings.

                               UBL

The affirmation of UBL's ratings was driven by the affirmation of
the bank's adjusted BCA at ba1. UBL's standalone assessment was
upgraded to ba1 from b1 and fully aligned with the BCA of RBS,
the bank's parent.

Moody's upgrade of the bank's BCA to the same level of its
parent's standalone assessment was driven by various factors.
Firstly, UBL is managed as a unit of the larger RBS retail
division, devoted entirely to banking activities in Northern
Ireland with its treasury, risk management and some middle and
back offices integrated within those of RBS.  Secondly, from a
regulatory perspective, UBL is already an integral part of RBS,
as the bank's capital and liquidity position are assessed at the
group level by the regulator.  Thirdly, the rating agency expects
that with the introduction of the ring-fencing reform, UBL will
be part of the ring-fenced sub-group.  Finally, from a resolution
perspective, UBL is already part of RBS's resolution perimeter in
the UK.  This is already reflected in the bank's ratings, which
are positioned at the same as those of RBS.

The positive outlook on UBL's long-term ratings is primarily
driven by the outlook on UBL's parent company, RBS.

Given the high level of integration between UBL and its parent,
an upgrade or downgrade of RBS's ratings and/or BCA could trigger
an upgrade or downgrade of the bank's ratings and/or BCA.

The principal methodology used in these ratings was Banks
published in January 2016.

Upgrades:

Issuer: Permanent tsb p.l.c.
  LT Bank Deposits (Foreign Currency and Local Currency),
   Upgraded to Ba3 Positive from B1 Stable
  Senior Unsecured Regular Bond/Debenture, Upgraded to B1
   Positive from B2 Stable
  Senior Unsecured MTN, Upgraded to (P)B1 from (P)B2
  Subordinate MTN, Upgraded to (P)Caa1 from (P)Caa2
  Junior Subordinate MTN, Upgraded to (P)Caa2 from (P)Caa3
  Adjusted Baseline Credit Assessment, Upgraded to b3 from caa1
  Baseline Credit Assessment, Upgraded to b3 from caa1
  Counterparty Risk Assessment, Upgraded to Ba2(cr) from Ba3(cr)

Issuer: Bank of Ireland
  LT Bank Deposits (Foreign Currency and Local Currency),
   Upgraded to Baa1 Positive from Baa2 Positive
  Subordinate Regular Bond/Debenture, Upgraded to Ba2 from Ba3
  Junior Subordinated Regular Bond/Debenture, Upgraded to
   Ba3 (hyb) from B1 (hyb)
  Subordinate MTN, Upgraded to (P)Ba2 from (P)Ba3
  Pref. Stock, Upgraded to B1 (hyb) from B2 (hyb)
  Pref. Stock Non-cumulative, Upgraded to B1 (hyb) from B2 (hyb)
  Adjusted Baseline Credit Assessment, Upgraded to ba1 from ba2
  Baseline Credit Assessment, Upgraded to ba1 from ba2
  Counterparty Risk Assessment, Upgraded to A3(cr) from Baa1(cr)

Issuer: Bristol & West plc
  Subordinate Regular Bond/Debenture, Upgraded to Ba2 from Ba3

Issuer: Ulster Bank Ireland DAC
  Baseline Credit Assessment, Upgraded to ba2 from b2

Issuer: Ulster Bank Limited
  Baseline Credit Assessment, Upgraded to ba1 from b1

Issuer: Allied Irish Banks, p.l.c.
  LT Bank Deposits (Foreign Currency and Local Currency),
   Upgraded to Baa2 Positive from Baa3 Positive
  ST Bank Deposits (Foreign Currency and Local Currency),
   Upgraded to P-2 from P-3
  Senior Unsecured Regular Bond/Debenture, Upgraded to Baa3
   Positive from Ba1 Positive
  Subordinate Regular Bond/Debenture, Upgraded to Ba3 from B1
  Pref. Stock Non-cumulative, Upgraded to B2 (hyb) from B3 (hyb)
  Senior Unsecured MTN, Upgraded to (P)Baa3 from (P)Ba1
  Subordinate MTN, Upgraded to (P)Ba3 from (P)B1
  Junior Subordinate MTN, Upgraded to (P)B1 from (P)B2
  Other Short Term, Upgraded to (P)P-3 from (P)NP
  Adjusted Baseline Credit Assessment, Upgraded to ba2 from ba3
  Baseline Credit Assessment, Upgraded to ba2 from ba3
  Counterparty Risk Assessment, Upgraded to Baa1(cr) from
   Baa2(cr)

Issuer: EBS d.a.c.
  LT Bank Deposits (Foreign Currency and Local Currency),
   Upgraded to Baa2 Positive from Baa3 Positive
  Senior Unsecured Regular Bond/Debenture, Upgraded to Baa3
   Positive from Ba1 Positive
  ST Bank Deposits (Foreign Currency and Local Currency),
   Upgraded to P-2 from P-3
  Adjusted Baseline Credit Assessment, Upgraded to ba2 from ba3
  Baseline Credit Assessment, Upgraded to ba2 from ba3
  Counterparty Risk Assessment, Upgraded to Baa1(cr) from
   Baa2(cr)

Affirmations:

Issuer: KBC Bank Ireland PLC
  LT Bank Deposits (Foreign Currency and Local Currency),
   Affirmed Ba1 Stable
  ST Bank Deposits (Foreign Currency and Local Currency),
   Affirmed NP
  Backed Commercial Paper, Affirmed P-1
  Adjusted Baseline Credit Assessment, Affirmed ba1
  Baseline Credit Assessment, Affirmed b3
  Counterparty Risk Assessment, Affirmed Baa1(cr)
  Counterparty Risk Assessment, Affirmed P-2(cr)

Issuer: Permanent tsb p.l.c.
  ST Bank Deposits (Foreign Currency and Local Currency),
   Affirmed NP
  Other Short Term, Affirmed (P)NP
  Counterparty Risk Assessment, Affirmed NP(cr)

Issuer: Bank of Ireland
  LT Issuer Rating, Affirmed Baa2 Positive
  Senior Unsecured Regular Bond/Debenture, Affirmed Baa2 Positive
  Senior Unsecured MTN, Affirmed (P)Baa2
  ST Bank Deposits (Foreign Currency and Local Currency),
   Affirmed P-2
  ST Deposit Note/CD Program, Affirmed P-2
  Commercial Paper, Affirmed P-2
  Other Short Term, Affirmed (P)P-2
  Counterparty Risk Assessment, Affirmed P-2(cr)

Issuer: Ulster Bank Ireland DAC
  LT Issuer Rating, Affirmed Ba1 Positive From Stable
  LT Bank Deposits (Foreign Currency and Local Currency),
   Affirmed Baa3 Positive From Stable
  ST Issuer Rating, Affirmed NP
  ST Bank Deposits (Foreign Currency and Local Currency),
   Affirmed P-3
  Adjusted Baseline Credit Assessment, Affirmed ba1
  Counterparty Risk Assessment, Affirmed Baa1(cr)
  Counterparty Risk Assessment, Affirmed P-2(cr)

Issuer: Ulster Bank Limited
  LT Issuer Rating, Affirmed A3 Positive
  LT Bank Deposits (Foreign Currency and Local Currency),
   Affirmed A3 Positive
  ST Bank Deposits (Foreign Currency and Local Currency),
   Affirmed P-2
  Adjusted Baseline Credit Assessment, Affirmed ba1
  Counterparty Risk Assessment, Affirmed A3(cr)
  Counterparty Risk Assessment, Affirmed P-2(cr)

Issuer: Allied Irish Banks, p.l.c.
  Counterparty Risk Assessment, Affirmed P-2(cr)

Issuer: EBS d.a.c.
  Counterparty Risk Assessment, Affirmed P-2(cr)

Withdrawals:

Issuer: AIB North America, Inc.
  LT Bank Deposits (Local Currency), Withdrawn RWR, previously
   rated Baa3 Positive

Issuer: Allied Irish Banks, NY
  ST Bank Deposits (Local Currency), Withdrawn , previously rated
   P-3

Outlook Actions:

Issuer: KBC Bank Ireland PLC
  Outlook, Remains Stable

Issuer: Permanent tsb p.l.c.
  Outlook, Changed To Positive From Stable

Issuer: Bank of Ireland
  Outlook, Remains Positive

Issuer: Ulster Bank Ireland DAC
  Outlook, Changed To Positive From Stable

Issuer: Ulster Bank Limited
  Outlook, Remains Positive

Issuer: Allied Irish Banks, p.l.c.
  Outlook, Remains Positive

Issuer: EBS d.a.c.
  Outlook, Remains Positive

Issuer: AIB North America, Inc.
  Outlook, Changed To Rating Withdrawn From Positive

Issuer: Allied Irish Banks, NY
  Outlook, Changed To Rating Withdrawn From No Outlook


=====================
N E T H E R L A N D S
=====================


TMF GROUP: S&P Assigns 'B' Rating to EUR660MM Term Loan B
---------------------------------------------------------
S&P Global Ratings assigned a 'B' issue rating with a '3'
recovery rating to the proposed EUR660 million term loan B and
EUR90 million revolving credit facility (RCF) to be borrowed by
Dutch corporate services provider TMF Group Holding B.V.
(B/Stable/--).

The company intends to use the proceeds of the proposed
facilities to repay its existing super senior RCF, senior secured
notes, and senior notes.

Recovery prospects for the proposed facilities are in the lower
half of the 50%-70% range and are sensitive to any increase in
indebtedness.  The proposed financing is cov-lite, with only one
springing covenant on the RCF if drawings exceed 35%.  Under the
proposed senior facilities agreement (SFA), the company can raise
additional facilities amounting to EUR135 million along with an
amount of pari passu secured debt such that the net senior
secured leverage ratio remains below 5x, or incur additional
junior indebtedness such that the fixed-charge coverage ratio
remains higher than 2x.  In addition, the proposed SFA includes
flexibility to make dividend payments subject to the consolidated
leverage ratio of 3.5x.

S&P's hypothetical default scenario contemplates a default in
2019, likely triggered by pressure on prices, loss of customers
or the nonrenewal of contracts, an increase in wage costs
resulting in a squeeze on EBITDA margins, and higher working
capital requirements.

S&P values TMF as a going concern, in view of the group's leading
market position in The Netherlands, its good geographic
footprint, and relatively diversified client base.

Simulated default assumptions

   -- Year of default: 2019
   -- EBITDA at emergence: about EUR85 million
   -- EBITDA multiple: 5.0x
   -- Jurisdiction: The Netherlands

Simplified waterfall

   -- Gross enterprise value at default: about EUR425 million
   -- Administrative costs: EUR21 million
   -- Net value available to creditors: EUR404 million
   -- Priority liabilities: EUR12 million (1) (2)
   -- Senior secured notes claims: EUR761 million (1)
   -- Recovery expectation: 50%-70% (lower half of the range)

(1) Priority liabilities include pension liabilities and finance
leases.
(2) All debt amounts include six months' prepetition interest.


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


LOCK LOWER: Moody's Continues Review of B2 Corp. Family Rating
--------------------------------------------------------------
Moody's Investors Service has announced the continuation of the
review on the B2 corporate family rating (CFR) of Lock Lower
Holdings AS, the parent company of Lindorff AB (Lindorff), and
changed the direction to uncertain, previously on review for
downgrade.  The agency also put on review with direction
uncertain the B2 rating assigned to the five senior secured notes
of a combined amount of EUR1.5 billion and the B1 rating assigned
to the EUR430 million revolving credit facility (RCF) issued by
Lock AS, a subsidiary of Lock Lower Holdings AS.  Finally,
Moody's placed on review with direction uncertain the Caa1 rating
assigned to the two senior notes of a combined amount of EUR447
million issued by Lock Lower Holdings AS.

Today's rating action was prompted by Lindorff's announcement on
12 of September that it has decided to start a process to assess
options to raise equity in the public market, which may lead to a
potential Initial public Offering (IPO).

                         RATINGS RATIONALE

Moody's understands that Lindorff is considering the possibility
of tapping the equity markets, including the option of a
potential listing of the company.  For this reason it has started
to undertake the necessary preparation to ensure its readiness
for a potential IPO.  These decisions are subject to further
approval of the company's board of directors.

The review will focus on how the eventual equity raising will
done and how its proceeds will be used.  In particular the agency
will focus on Lindorff's solvency and leverage ratios, and how
they will be affected by the transaction, as well as the
potential benefits and challenges coming from the chosen approach
to capital raising.

Moody's said that, at this stage, it is not suffiently clear how
the equity proceeds will be used and will therefore conclude its
review once it will have more information on the company's plan
and its execution.

                 WHAT COULD CHANGE THE RATINGS UP/DOWN

Lindorff's ratings could be upgraded as a result of the following
elements: (i) a significant reduction in the company's level of
leverage with debt-to-adjusted EBITDA falling below 4x; (ii) a
sustained track record of increasing gross collections while
maintaining a low level of complaints and legal actions,
especially in new markets; (iii) an improved liquidity profile
with additional headroom and a track record of moderate use of
bank facilities; and (iv) improvement in transparency and risk
management following a potential listing in public markets.

The company's ratings could be downgraded because of: (i) a
significant deterioration in income (after interest expense) and
cash flow from operations, due to (for example) weak collections
or underperforming portfolio acquisitions; (ii) an increase in
leverage or sustained decline in operating performance, leading
to a debt-to-adjusted EBITDA ratio well above 5.5x for a
prolonged period; or (iii) a significant decline in interest
coverage, with an adjusted EBITDA-to-interest expense ratio below
1.0x.

LIST OF ASSIGNED RATINGS

Placed On Review Direction Uncertain:

Issuer: Lock AS
  Senior Secured Bank Credit Facility (Foreign Currency),
   currently B1
  Senior Secured Regular Bond/Debenture (Local & Foreign
   Currency), currently B2

Outlook Actions:
  Outlook, remains at Rating Under Review

Issuer: Lock Lower Holdings AS
  LT Corporate Family Ratings, currently B2
  Senior Unsecured Regular Bond/Debenture (Foreign Currency),
   currently Caa1

Outlook Actions:
  Outlook, remains at Rating Under Review

                       PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Finance
Companies published in October 2015.


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


DS-BANK LLC: Liabilities Exceed Assets, Assessment Shows
--------------------------------------------------------
The provisional administration to manage Commercial Bank DS-Bank
(LLC), appointed by virtue of Bank of Russia Order No. OD-1479,
dated May 12, 2016, following banking license revocation, has
faced with obstruction from day one of its operations, according
to the press service of the Central Bank of Russia.

The Bank management, in violation of RF legislation, failed to
provide to the provisional administration original loan
agreements (with individuals) and the contract of assignment (for
loans to legal entities), to the total of over RUB500 million.

Also, the provisional administration established facts indicative
of siphoning off of bank assets through extending fictitious
loans to the total of over RUB580 million.

According to the provisional administration's estimate, the value
of the Bank's assets is not more than RUB92.1 million, while its
liabilities to creditors amount to RUB746.4 million.

On September 2, 2016, the Arbitration Court of the City of Moscow
recognized the Bank as insolvent (bankrupt) and initiated
bankruptcy proceedings. Mr Nikolay A. Petrov, a member of the
Self-regulatory Organisation of Receivers, was approved to act as
its bankruptcy receiver.

The information on financial transactions indicative of criminal
acts as carried out by the Bank's former executives and owners
was submitted by the Bank of Russia to the Office for Prosecutor
General of the Russian Federation, the Ministry of Internal
Affairs of the Russian Federation and the Investigative Committee
of the Russian Federation, to be reviewed and to enable the
appropriate procedural decisions to be made.


KHANTY-MANSIYSK: S&P Affirms BB+ ICR & Revises Outlook to Stable
----------------------------------------------------------------
S&P Global Ratings revised its outlook on Khanty-Mansiysk
Autonomous Okrug (KMAO), an oil-producing region in the western
part of Siberia, to stable from negative.  At the same time, S&P
affirmed its 'BB+' long-term issuer credit rating and 'ruAA+'
Russia national scale rating on the okrug.

As defined in EU CRA Regulation 1060/2009 (EU CRA Regulation),
the ratings on KMAO are subject to certain publication
restrictions set out in Art 8a of the EU CRA Regulation,
including publication in accordance with a pre-established
calendar.  Under the EU CRA Regulation, deviations from the
announced calendar are allowed only in limited circumstances and
must be accompanied by a detailed explanation of the reasons for
the deviation.  In the case of KMAO, the deviation has been
caused by S&P's revision of the outlook on the Russian Federation
to stable from negative on Sept. 16, 2016.  The next scheduled
publication on the issuer credit rating on KMAO will be on Feb.
10, 2017.

                              RATIONALE

The rating action on KMAO follows S&P's recent revision of the
outlook on the Russian Federation to stable from negative.

The long-term rating on KMAO continues to be capped by the 'BB+'
foreign currency long-term rating on the Russian Federation,
because S&P believes that Russian local and regional governments
(LRGs) cannot be rated above the sovereign.  This reflects S&P's
view of Russia's institutional framework, in which LRGs have very
restricted revenue autonomy and are unable to withstand possible
negative intervention by the federal government.

In accordance with S&P's criteria, it assess KMAO's stand-alone
credit profile (SACP) at 'bbb-', one notch higher than the issuer
credit rating.  The SACP results from the combination of S&P's
assessment of an LRG's individual credit profile and the effects
S&P sees of the institutional framework in which it operates.
The SACP is not a rating but a means of assessing an LRG's
intrinsic creditworthiness under the assumption that there is no
sovereign rating cap.

The SACP assessment on KMAO reflects the okrug's strong
liquidity, very low contingent liabilities, low debt, and average
budgetary performance.  S&P assess KMAO's economy as average
overall and neutral for its creditworthiness because its very
high wealth levels are subject to high concentration, and the
economy has only limited growth prospects, in S&P's opinion.  The
SACP is constrained by S&P's view of Russia's volatile and
unbalanced institutional framework and KMAO's weak budgetary
flexibility.  S&P also takes into account the okrug's weak
financial management in an international context.

Currently, S&P don't envisage any potential upward revision of
its assessment of the okrug's SACP.

                               OUTLOOK

The stable outlook mirrors that on Russia.  Any rating action S&P
takes on the sovereign would likely be followed by a similar
action on KMAO.

S&P views a downside scenario based on KMAO's intrinsic
creditworthiness as unlikely, because S&P's assessment of KMAO's
SACP is one notch higher than the long-term rating on the okrug.

In accordance with S&P's relevant policies and procedures, the
Rating Committee was composed of analysts that are qualified to
vote in the committee, with sufficient experience to convey the
appropriate level of knowledge and understanding of the
methodology Applicable.  At the onset of the committee, the chair
confirmed that the information provided to the Rating Committee
by the primary analyst had been distributed in a timely manner
and was sufficient for Committee members to make an informed
decision.

After the primary analyst gave opening remarks and explained the
recommendation, the Committee discussed key rating factors and
critical issues in accordance with the relevant criteria.
Qualitative and quantitative risk factors were considered and
discussed, looking at track-record and forecasts.

The committee's assessment of the key rating factors is reflected
in the Ratings Score Snapshot above.

The chair ensured every voting member was given the opportunity
to articulate his/her opinion.  The chair or designee reviewed
the draft report to ensure consistency with the Committee
decision. The views and the decision of the rating committee are
summarized in the above rationale and outlook.  The weighting of
all rating factors is described in the methodology used in this
rating action.

RATINGS LIST

                                Rating
                                To               From
Khanty-Mansiysk Autonomous Okrug
Issuer Credit Rating
  Foreign and Local Currency    BB+/Stable/--    BB+/Neg./--
  Russia National Scale         ruAA+/--/--      ruAA+/--/--


LENINGRAD OBLAST: S&P Revises Outlook to Stable & Affirms BB+ ICR
-----------------------------------------------------------------
S&P Global Ratings revised its outlook on Russian region
Leningrad Oblast to stable from negative.  At the same time, S&P
affirmed its 'BB+' long-term issuer credit rating and 'ruAA+'
Russia national scale rating on the region.

As a "sovereign rating" (as defined in EU CRA Regulation
1060/2009 "EU CRA Regulation"), the ratings on Leningrad Oblast
are subject to certain publication restrictions set out in Art 8a
of the EU CRA Regulation, including publication in accordance
with a pre-established calendar.  Under the EU CRA Regulation,
deviations from the announced calendar are allowed only in
limited circumstances and must be accompanied by a detailed
explanation of the reasons for the deviation.  In the case of
Leningrad Oblast, the deviation has been caused by the outlook
change on the Russian Federation to stable from negative on Sept.
16, 2016.  The next scheduled rating publication on the rating on
Leningrad Oblast will be on Dec. 23, 2016.

                             RATIONALE

The outlook revision on Leningrad Oblast follows S&P's similar
action on the Russian Federation.

The ratings on Leningrad Oblast reflect S&P's view of Russia's
volatile and unbalanced institutional framework and the oblast's
very weak budgetary flexibility, combined with the relatively
weak economy and financial management compared with its
international peers.  In S&P's view, the oblast's average
budgetary performance has a neutral impact on its
creditworthiness.  The ratings are supported by the oblast's
strong liquidity, very low debt burden, and very low contingent
liabilities.

The long-term issuer credit rating on the oblast is equal to its
stand-alone credit profile (SACP).  The SACP is not a rating but
a means of assessing a local and regional government's (LRG's)
intrinsic creditworthiness, under the assumption that there is no
sovereign rating cap.

                               OUTLOOK

The stable outlook on Leningrad Oblast reflects S&P's expectation
that in the next 12 months the region will maintain its strong
liquidity and average budgetary performance.

S&P could lower the rating on Leningrad Oblast if S&P was to take
a negative rating action on Russia, based on S&P's view that
Russian LRGs cannot be rated above the sovereign.  This reflects
S&P's view of Russia's institutional framework, in which LRGs
have very restricted revenue autonomy and are unable to withstand
possible negative intervention by the federal government.
However, given the current stable outlook on Russia, S&P sees
this scenario as unlikely.

S&P could also lower the rating, even if the sovereign rating
remains unchanged, if the oblast's budgetary performance and
liquidity weakened as a result of a significant reduction in tax
revenues or a loose spending policy at the oblast level.

S&P could raise the rating on Leningrad Oblast in the next 12
months following a similar action on Russia and if S&P was to
simultaneously revise its assessment of the oblast's financial
management to satisfactory from weak following an improvement in
the oblast's revenue and expenditure management.

In accordance with S&P's relevant policies and procedures, the
Rating Committee was composed of analysts that are qualified to
vote in the committee, with sufficient experience to convey the
appropriate level of knowledge and understanding of the
methodology applicable.  At the onset of the committee, the chair
confirmed that the information provided to the Rating Committee
by the primary analyst had been distributed in a timely manner
and was sufficient for Committee members to make an informed
decision.

After the primary analyst gave opening remarks and explained the
recommendation, the Committee discussed key rating factors and
critical issues in accordance with the relevant criteria.
Qualitative and quantitative risk factors were considered and
discussed, looking at track-record and forecasts.

The committee's assessment of the key rating factors is reflected
in the Ratings Score Snapshot.

The chair ensured every voting member was given the opportunity
to articulate his/her opinion.  The chair or designee reviewed
the draft report to ensure consistency with the Committee
decision. The views and the decision of the rating committee are
summarized in the above rationale and outlook.  The weighting of
all rating factors is described in the methodology used in this
rating action.

RATINGS LIST

                                Rating
                                To                From
Leningrad Oblast
Issuer Credit Rating
  Foreign and Local Currency    BB+/Stable/--     BB+/Neg./--
  Russia National Scale         ruAA+/--/--       ruAA+/--/--


MOSCOW CITY: S&P Revises Outlook to Stable & Affirms 'BB+' ICR
--------------------------------------------------------------
S&P Global Ratings revised its outlook on Russia's capital city
of Moscow to stable from negative.  At the same time, S&P
affirmed its 'BB+' long-term issuer credit rating and 'ruAA+'
Russia national scale rating on the city.

As a "sovereign rating" (as defined in EU CRA Regulation
1060/2009 "EU CRA Regulation"), the ratings on the city of Moscow
are subject to certain publication restrictions set out in Art 8a
of the EU CRA Regulation, including publication in accordance
with a pre-established calendar.  Under the EU CRA Regulation,
deviations from the announced calendar are allowed only in
limited circumstances and must be accompanied by a detailed
explanation of the reasons for the deviation.  In the case of
Moscow, the deviation has been caused by the revision of the
outlook on the Russian Federation to stable from negative on
Sept. 16, 2016.  The next scheduled rating publication on the
sovereign rating on the city of Moscow will take place by Feb.
24, 2017.

                            RATIONALE

The rating action on Moscow follows S&P's recent revision of the
outlook on the Russian Federation to stable from negative.

The long-term rating on Moscow continues to be capped by the
'BB+' foreign currency long-term rating on the Russian Federation
because S&P believes that Russian local and regional governments
(LRGs) cannot be rated above the sovereign.  This reflects S&P's
view of Russia's institutional framework, in which LRGs have very
restricted revenue autonomy and are unable to withstand possible
negative intervention by the federal government.

In accordance with S&P's criteria, it assess Moscow's stand-alone
credit profile (SACP) at 'bbb', two notches higher than the
issuer credit rating.  The SACP results from the combination of
S&P's assessment of an LRG's individual credit profile and the
effects S&P sees of the institutional framework in which it
operates.

The 'bbb' SACP reflects Moscow's position as Russia's economic,
administrative, and financial center.  This position underpins
Moscow's very low debt, exceptional liquidity, strong budgetary
performance, and very low contingent liabilities.  Moscow's
average budgetary flexibility and average economy are neutral for
the city's creditworthiness, in S&P's view.  Moscow's SACP is
constrained by Russia's volatile and unbalanced institutional
framework, under which distribution of revenues and expenditures
largely depends on decisions by the federal government, and by
what S&P views as the city's weak financial management, given the
only emerging nature of long-term planning and limited
predictability of budget policy.

Currently, S&P don't envisage any potential upward revision of
its assessment of the city's SACP.  S&P could, however, revise
down its assessment of Moscow's SACP if the city's budgetary
performance and liquidity weakened as a result of a significant
reduction in tax revenues and the insufficient use of the
spending flexibility that S&P currently expects in its base case.

                               OUTLOOK

The stable outlook on Moscow mirrors that on Russia.  Any rating
action S&P takes on the sovereign would likely be followed by a
similar action on Moscow.

S&P views a downside scenario based on Moscow's intrinsic
creditworthiness as highly unlikely, because S&P's assessment of
Moscow's SACP is two notches higher than the long-term rating on
the city.

In accordance with S&P's relevant policies and procedures, the
Rating Committee was composed of analysts that are qualified to
vote in the committee, with sufficient experience to convey the
appropriate level of knowledge and understanding of the
methodology applicable.  At the onset of the committee, the chair
confirmed that the information provided to the Rating Committee
by the primary analyst had been distributed in a timely manner
and was sufficient for Committee members to make an informed
decision.

After the primary analyst gave opening remarks and explained the
recommendation, the Committee discussed key rating factors and
critical issues in accordance with the relevant criteria.
Qualitative and quantitative risk factors were considered and
discussed, looking at track-record and forecasts.

The committee agreed that the outlook is now stable following the
sovereign outlook change.  All other key rating factors were
unchanged.

The chair ensured every voting member was given the opportunity
to articulate his/her opinion.  The chair or designee reviewed
the draft report to ensure consistency with the Committee
decision. The views and the decision of the rating committee are
summarized in the above rationale and outlook.  The weighting of
all rating factors is described in the methodology used in this
rating action.

RATINGS LIST

                               Rating
                               To              From
Moscow (City of)
Issuer Credit Rating
  Foreign and Local Currency   BB+/Stable/--   BB+/Neg./--
  Russia National Scale        ruAA+/--/--     ruAA+/--/--
Senior Unsecured
  Local Currency               BB+             BB+


SOVEREIGN BANK: Liabilities Exceed Assets, Assessment Shows
-----------------------------------------------------------
The provisional administration to manage Sovereign Bank (JSC),
appointed by virtue of Bank Order No. OD-1182, dated April 8,
2016, following banking license revocation, in the course of its
financial assessment of this credit institution, revealed signs
of transactions meant to siphon off bank assets through extending
loans to organizations with doubtful solvency and individuals
without documentary proof of solvency, to the total of
approximately RUB680 million, which includes RUB280 million of
cash disposed through the cash department, according to the press
service of the Central Bank of Russia.

According to the provisional administration's estimate, the value
of the Bank's assets is not more than RUB1,094 million, while its
liabilities to creditors amount to RUB1,446 million.

On July 19, 2016, the Arbitration Court of the City of Moscow
recognized the Bank as insolvent (bankrupt) and initiated
bankruptcy proceedings. The State Corporation Deposit Insurance
Agency was approved to act as its bankruptcy receiver.

The information on financial transactions indicative of criminal
acts as carried out by the Bank's former executives and owners
was submitted by the Bank of Russia to the Office for Prosecutor
General of the Russian Federation, the Ministry of Internal
Affairs of the Russian Federation and the Investigative Committee
of the Russian Federation, to be reviewed and to enable the
appropriate procedural decisions to be made.


VODOKANAL ST PETERSBURG: S&P Affirms 'BB/B' CCRs, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings said that it had revised its outlook on
Russian regional water utility Vodokanal St. Petersburg (VKSPB)
to stable from negative.  At the same time, S&P affirmed the
'BB/B' long- and short-term corporate credit ratings on VKSPB and
the 'BB' issue ratings on the company's senior unsecured debt.

S&P also affirmed the 'ruAA' Russia national scale rating on
VKSPB.

The rating action on VKSPB follows a similar rating action on
Russia.  S&P thinks that the sovereign outlook revision is
position for its view of the City of St. Petersburg's credit
quality.  Furthermore, S&P still believes there is a very high
likelihood that the city government would provide VKSPB with
timely and sufficient extraordinary support in the event of
financial distress.

S&P continues to assess VKSPB's stand-alone credit profile (SACP)
at 'bb-'.

The stable outlook reflects S&P's view of St. Petersburg's
creditworthiness.  S&P also factors in its belief that financial
risks associated with VKSPB's ambitious investment program will
continue to be mitigated by its monopoly position as the water
service provider in St. Petersburg, as well as strong ongoing
support from the city government, including regular equity
injections and co-financing of capital expenditures.

S&P could take a positive rating action on VKSPB if S&P sees
improvements in St. Petersburg's credit quality, all else being
equal.

S&P could lower the rating if, in our view, St. Petersburg's
credit quality were to weaken, all else being equal.

S&P could also lower the rating if it revised down its assessment
of the company's SACP by one notch.  That might result from
aggressive debt accumulation and weak financial and operational
results, leading to debt to EBITDA significantly exceeding 1.5x
and funds from operations to debt falling substantially below 60%
without a sound recovery plan for the next six-12 months.
Downward pressure might also stem from deteriorating liquidity or
maturity profiles.


YAMAL-NENETS: S&P Affirms 'BB+' ICR & Revises Outlook to Stable
---------------------------------------------------------------
S&P Global Ratings revised its outlook on Yamal-Nenets Autonomous
Okrug (YANAO), a gas-producing region in Russia's western Siberia
to stable from negative.  At the same time, S&P affirmed its
'BB+' long-term issuer credit rating and 'ruAA+' Russia national
scale rating on the okrug.

As a "sovereign rating" (as defined in EU CRA Regulation
1060/2009 "EU CRA Regulation"), the ratings on YANAO are subject
to certain publication restrictions set out in Art 8a of the EU
CRA Regulation, including publication in accordance with a pre-
established calendar.  Under the EU CRA Regulation, deviations
from the announced calendar are allowed only in limited
circumstances and must be accompanied by a detailed explanation
of the reasons for the deviation.  In the case of YANAO, the
deviation has been caused by the outlook change on the Russian
Federation to stable from negative on Sept. 16, 2016.  The next
scheduled rating publication on the rating on YANAO will be on
Dec. 9, 2016.

                               RATIONALE

The outlook revision on YANAO follows S&P's similar action on the
Russian Federation.

The long-term rating on YANAO continues to be capped by S&P's
'BB+' foreign currency long-term sovereign rating on Russia,
based on S&P's view that Russian local and regional governments
(LRGs) cannot be rated above the sovereign.  This reflects S&P's
opinion of Russia's institutional framework, in which LRGs have
very restricted revenue autonomy and are unable to withstand
possible negative intervention by the federal government.

"We assess the stand-alone credit profile (SACP) for YANAO at
'bbb-', one notch higher than our long-term rating on the okrug.
The SACP results from the combination of our assessment of an
LRG's individual credit profile and the effects we see of the
institutional framework in which it operates.  The SACP is not a
rating but a means of assessing an LRG's intrinsic
creditworthiness under the assumption that there is no sovereign
rating cap," S&P said.

The 'bbb-' SACP reflects S&P's view of YANAO's average economy,
which enjoys very high wealth, but is subject to concentration
and has limited growth prospects.  S&P also factors into its SACP
assessment the region's strong liquidity, very low debt, and very
low contingent liabilities.  Average budgetary performance, which
is subject to volatility, and average budgetary flexibility, are
neutral for YANAO's creditworthiness.  The SACP is constrained by
our view of Russia's volatile and unbalanced institutional
framework and weak financial management in an international
context.

Currently, S&P don't envisage any potential upward revision of
its assessment of the okrug's SACP.

                              OUTLOOK

The stable outlook on YANAO mirrors that on Russia.  Any rating
action S&P takes on the sovereign would likely be followed by a
similar action on YANAO.

However, S&P views a negative rating action on YANAO as unlikely
at this stage because S&P SACP assessment is higher than its
long-term rating on the okrug.

In accordance with S&P's relevant policies and procedures, the
Rating Committee was composed of analysts that are qualified to
vote in the committee, with sufficient experience to convey the
appropriate level of knowledge and understanding of the
methodology applicable.  At the onset of the committee, the chair
confirmed that the information provided to the Rating Committee
by the primary analyst had been distributed in a timely manner
and was sufficient for Committee members to make an informed
decision.

After the primary analyst gave opening remarks and explained the
recommendation, the Committee discussed key rating factors and
critical issues in accordance with the relevant criteria.
Qualitative and quantitative risk factors were considered and
discussed, looking at track-record and forecasts.

The committee's assessment of the key rating factors is reflected
in the Ratings Score Snapshot above.

The chair ensured every voting member was given the opportunity
to articulate his/her opinion.  The chair or designee reviewed
the draft report to ensure consistency with the Committee
decision. The views and the decision of the rating committee are
summarized in the above rationale and outlook.  The weighting of
all rating factors is described in the methodology used in this
rating action.

RATINGS LIST

                                 Rating
                                 To                   From
Yamal-Nenets Autonomous Okrug
Issuer Credit Rating
  Foreign and Local Currency     BB+/Stable/--        BB+/Neg./--
  Russia National Scale          ruAA+/--/--          ruAA+/--/--


=========
S P A I N
=========


UFINET TELECOM: S&P Affirms 'B' CCR, Outlook Remains Stable
-----------------------------------------------------------
S&P Global Ratings said that it had affirmed its 'B' long-term
corporate credit rating on Spain-based provider of fiber
infrastructure Ufinet Telecom Holding SLU.  The outlook remains
stable.

At the same time, S&P affirmed its 'B' issue ratings on the
company's term loan, which S&P expects will be increased by
EUR124 million, and revolving credit facility (RCF).

However, S&P has revised down its recovery rating on the term
loan and RCF to '4' from '3', because the proposed dividend
recapitalization will dilute recovery prospects for secured
lenders.  S&P now expects recovery in the higher half of the
30%-50% range, down from the lower half of the 50%-70% range S&P
expected previously.

The affirmation reflects S&P's belief that the recapitalization
will not materially affect S&P's leverage metrics, as it had
already included the preferred shares to be partly repaid with
the proposed additional EUR124 million term loan B in S&P's
calculations of Ufinet's debt.  In addition, S&P has reviewed
Ufinet's recent performance and business prospects, both organic
and inorganic, which has led S&P to update its base-case
forecasts.

The group continues to expand its operations in Spain, where
volumes have offset price declines, and in Latin America, where
demand for infrastructure is high.  Consequently, the company's
backlog and margins remain healthy.  However, S&P expects the
group will modify its investment model this year, resulting in
lower coverage of capital expenditure (capex) by indefeasible
right-of-use contracts (IRUs) and reduced free operating cash
flow (FOCF).  Also, Ufinet's highly leveraged capital structure,
financial sponsor ownership, and proposed dividend
recapitalization continue to constrain the rating.

"On the positive side, we consider Ufinet's business risk profile
to be fair.  We base our assessment on the company's extensive
fiber optic network of about 50,000 kilometers in Spain and Latin
America.  We also factor in the industry's high barriers to
entry, owing to the cost of expanding a fiber network and high
switching costs for customers.  Furthermore, Ufinet's business
model provides recurring revenues and a sizable contractual cash
revenue backlog, thanks to multiple-year contracts on capacity
leasing (so-called "dark fiber"; Ufinet provides fiber rental
services on its own deployed optical fiber cables; clients lease
Ufinet's cable and put their own infrastructure at each end),
which translate into healthy profit margins. Finally, the company
does not engage in speculative network developments.  Rather, it
focuses on growth from new customer contracts, and capex
continues to be partly self-funded through IRUs," S&P said.

However, S&P expects that capex, spurred by investments in fiber
to the home (FTTH) and new market entrance (Peru, Chile,
Paraguay, and Ecuador), will outpace IRU funding, resulting in
only slightly positive FOCF and a potentially riskier investment
model. Moreover, Ufinet's strengths are tempered by its limited
size and high customer concentration, especially in dark-fiber
activities. In addition, Spain's fairly mature telecom market has
been consolidating, and competition from better-capitalized
fiber-based telecom providers is rising.  These factors would
likely sustain price pressure, which S&P expects will continue to
be mitigated by increasing volumes and additional services
provided by Ufinet.

The rating remains constrained by S&P's assessment of Ufinet's
highly leveraged capital structure and, its ultimate ownership by
private-equity firm Cinven, which S&P considers a financial
sponsor.  This, in turn, affects S&P's assessment of Ufinet's
financial policy, including S&P's belief in potential future
debt-funded mergers and acquisitions or further dividend
recapitalization.

S&P understands that proceeds from the addition of EUR124 million
to term loan B will be used to pay an exceptional dividend of
EUR131 million, which will be allocated to the repayment of part
of the preferred shares.  As a consequence, the transaction is
neutral in terms of adjusted leverage -- which S&P expects at
between 6.5x and 7.0x in 2016 -- as S&P's adjusted debt figure
includes the preferred shares and their accrued dividend.

Under S&P's base case, it assumes IRUs will cover a declining
portion of Ufinet's rising capex. In 2016, the group also heavily
invested in FTTH projects, which resulted in lower, but slightly
positive, FOCF, as well as an estimated ratio of FOCF to debt of
about 0.3% in 2016 and about 3.5% in 2017 (about 0.5% and 4.7%,
respectively, excluding the preferred shares).

The stable outlook on Ufinet reflects S&P's expectation that
increasing demand for bandwidth from companies and telecom
carriers, as well as for dark fiber in Latin America, will
support solid revenue growth and a sound EBITDA margin of 50%-
51%.  This should translate into slightly positive FOCF, with
FOCF to debt between 0% and 5% and adequate liquidity.

S&P could consider lowering the long-term rating if increased
competition resulted in even lower prices for fiber-optic
services, leading to a substantial decline in EBITDA margins
below 40%.  S&P would also lower its rating if FOCF turned
significantly negative, and liquidity came under pressure.

"We view an upgrade as unlikely as long as preferred shares are
treated as debt under our criteria.  However, a positive rating
action could occur if we continue to see positive revenue and
EBITDA growth and improving credit metrics, with the S&P Global
Ratings' adjusted debt-to-EBITDA ratio sustained at around 5.0x-
5.5x, combined with a cash interest cover ratio remaining at more
than 3.0x and solid cash flow generation, with FOCF to debt
sustainably above 5%.


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


BHS GROUP: To Relaunch Online Following Store Closures
------------------------------------------------------
Aine Fox at Press Association reports that British Home Stores is
to relaunch online, a month after the last of its high-street
shops shut down.

The business, a staple of British shopping, went into
administration in April and the company was wound down when a
buyer could not be found, Press Association recounts.

Now BHS International, formed by the Al Mana Group, is
relaunching the "iconic" brand allowing shoppers to make
purchases on the new website, Press Association discloses.

According to Press Association, BHS.com goes live on Thursday,
Sept. 29, selling lighting and home furnishings, which accounted
for around three quarters of the most popular online products
sold before the retailer went into administration.

Its kitchen, dining and clothing ranges are set to go on sale
next month, Press Association says.

The collapse of BHS affected 11,000 jobs, 22,000 pensions, and
sparked a lengthy parliamentary inquiry, Press Association
relays.

BHS International has stressed the online retailer has no links
with Sir Philip Green or Dominic Chappell, Press Association
notes.  Sir Philip owned BHS for 15 years before selling it to
serial bankrupt Chappell for GBP1 in 2015, Press Association
relays.

The new retailer, with headquarters in London, will employ 84
people, most of whom worked for the firm before it went into
administration, Press Association discloses.

BHS International, as cited by Press Association, said the site
will not have as wide a range of products, but will focus on
"best-sellers".

BHS Group was a high street retailer offering fashion for the
whole family, furniture and home accessories.


GHA COACHES: Owed GBP5.3MM to Creditors at Time of Administration
-----------------------------------------------------------------
James Wilson at Northwich Guardian reports that GHA Coaches, a
bus company that served towns across Cheshire, owed almost GBP5.3
million to creditors when it went bust earlier this year and
those affected are set to get a fraction of that amount back.

Wrexham-based GHA Coaches provided a number of services
throughout the county and ceased trading on Wednesday, July 13,
Northwich Guardian relates.

Brothers Gareth and Arwyn Lloyd-Davies, who were the directors of
the failed company, were disqualified from becoming the bosses of
any other bus company at a public inquiry in Welshpool, Northwich
Guardian discloses.

The pair had attempted to set up different companies to run some
of the services in Wales previously run by GHA Coaches, Northwich
Guardian notes.

Jason Bell, joint administrator at Manchester-based Grant
Thornton UK Ltd, has produced a report listing the amounts owed
to creditors following the firm's collapse, Northwich Guardian
relays.

In the report, Mr. Bell, as cited by Northwich Guardian, said
unsecured creditors would be getting "5p in the pound" for money
owed.

The report reveals that Cheshire West and Chester Council was
owed GBP26,248 -- but will only get GBP1,312 back, resulting in a
GBP25,000 black hole, Northwich Guardian states.

Most of the creditors are based in Wales but there was one mid
Cheshire firm that has been affected as a result of the firm's
demise, Northwich Guardian notes.

Veronica Wyatt, office administrator at Winsford-based Smee
Holdings, told Northwich Guardian the firm owed less than the
stated figure in the report produced by the administrators.

Two further auctions are scheduled for later this month and
October, Northwich Guardian says.


SANTANDER ASSET: S&P Affirms 'BB/B' Counterparty Credit Ratings
---------------------------------------------------------------
S&P Global Ratings said that it revised its outlook to stable
from negative on Jersey-based Santander Asset Management
Investment Holdings Ltd. (SAM).  At the same time, S&P affirmed
the 'BB/B' counterparty credit ratings.

The outlook revision to stable from negative reflects S&P's view
that SAM's recent stable operating performance in terms of net
asset flows and profitability, and the return to business-as-
usual following the terminated merger process with Pioneer,
support S&P's assessment of SAM's business stability and
financial risk profile.

On July 27, 2016, UniCredit SpA and Banco Santander S.A.
announced their agreement to terminate the merger process between
SAM and Pioneer, which had been initiated in November 2015.  The
merger was envisaged to create one of the top 10 European asset
managers, with over EUR390 billion in assets under management
(AUM) and a broad diversity of products, geographies, and
customer segments.

Although the merger process consumed considerable resources and
management time, evidence of stable operating performance at SAM
during that period alleviates our concern that the prolonged
merger process may adversely affect SAM's core franchise.
Furthermore, in S&P's view, the terminated agreement supports its
existing view of SAM's franchise and business stability as S&P
considered the operational integration stemming from a complex
and prolonged merger process with Pioneer as inherently risky and
believe that it could have had negative consequences for net
sales and market shares.  S&P also considers that SAM's steady
state leverage is now more predictable and expect the company's
debt to EBITDA to remain within the current 3.5x-4.5x level over
the next 12 months, although the company's financial risk profile
is capped at aggressive due to its financial sponsor ownership.

While not S&P's base-case expectation in the next 12 months, it
believes that the terminated agreement to merge with Pioneer is
not the end of the road for future strategic changes at SAM. As
such, S&P do not rule out the possibility of transformative
changes such as changes in SAM's ownership structure or financial
profile beyond our rating horizon.

SAM's 'bb' stand-alone credit profile reflects S&P's view of its
competitive market positions in its core Latin American and
Iberian markets, its common brand with Banco Santander, and
sizable AUM base spread across primarily low risk products.
SAM's track record of fund inflows is also a supportive factor.
SAM's strategy is to continue to leverage Banco Santander's
extensive branch network in its core markets to drive business
volume growth and S&P views SAM's long-term captive distribution
agreement with Banco Santander as a supportive factor for S&P's
assessment of the group's business stability.  This assessment is
balanced with S&P's assessment of SAM's financial risk profile as
aggressive, which reflects its financial sponsor ownership and
S&P's expectation that the company is likely to sustain total
gross debt to adjusted EBITDA around 3.5x-4.5x over the next 12
months.

Despite its joint private equity ownership, S&P considers that
SAM has built a track record of liquidity management such that
S&P believes it could withstand substantially adverse market
circumstances over the next 24 months while maintaining
sufficient liquidity to service its obligations.  SAM's senior
secured borrowings mature in 2020 and S&P views the absence of
any near-term refinancing risk as supportive of the ratings.  S&P
has therefore revised its assessment of SAM's liquidity to strong
from adequate.

The 'BB' issuer credit rating on SAM is based on the 'bb' group
credit profile (GCP) of the operating entities that comprise the
SAM group.  S&P equalizes the ratings on the company with that of
SAM (that is, S&P do not notch down for structural subordination)
given our view that there are no material barriers to cash flows
from the operating entities to the company.  S&P do not factor
any notches of uplift for potential extraordinary support from
Banco Santander into the ratings given S&P's view that SAM is a
non-strategic subsidiary.  Instead, S&P incorporates the ongoing
benefits of SAM's association with Banco Santander in the GCP.

The stable outlook on SAM reflects S&P's view that its business
stability and leverage metrics will remain commensurate with its
current rating level over the next 12 months.

S&P could lower the ratings on SAM if S&P observed that its
client franchise has weakened.  This could manifest itself
through declines in market share in key markets, in particular a
persistent decline in AUM and net inflows, which could negatively
affect S&P's view of SAM's business stability.  Although not
S&P's base case, it could also lower the ratings if it expected
sustainably higher leverage, as measured by debt to EBITDA at the
consolidated group level, of above 5x, which would point to a
highly leveraged assessment from aggressive currently.

An upgrade is unlikely because S&P considers that SAM's joint
private equity ownership will remain unchanged in the next 12
months, which constrains S&P's assessment of SAM's financial risk
profile as aggressive.


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


* BOND PRICING: For the Week September 19 to September 23, 2016
---------------------------------------------------------------

Issuer                  Coupon    Maturity  Currency  Price
------                  ------    --------  --------  -----
Deutsche Bank AG           6.00               EUR     74.81
Rickmers Holding AG        8.88  6/11/2018    EUR     21.88
Fomento de Construccion    6.50 10/30/2020    EUR     47.97
Scholz Holding Gmbh        8.50   3/8/2017    EUR      8.00
Oi Brasil Holdings Coop    5.75  2/10/2022    USD     24.42
Brighthouse Group PLC      7.88  5/15/2018    GBP     58.38
CSN Resources SA           6.50  7/21/2020    USD     66.61
Ensco PLC                  5.20  3/15/2025    USD     69.87
Portugal Telecom Intern    4.63   5/8/2020    EUR     23.51
Banca Monte dei Paschi     5.00  4/21/2020    EUR     63.09
Abengoa SA                 8.50  3/31/2016    EUR      4.53
Abengoa Finance SA         8.88   2/5/2018    EUR      4.26
Cooperativa Muratori &     7.50   8/1/2021    EUR     74.19
Casino Guichard Perrach    1.33               EUR     53.37
Veneto Banca SpA           9.50  12/1/2025    EUR     67.86
Ensco PLC                  5.75  10/1/2044    USD     59.90
Ajecorp BV                 6.50  5/14/2022    USD     54.71
Sacyr SA                   4.00   5/8/2019    EUR     74.06
Nordea Bank AB             0.44               EUR     58.84
Banque Federative du Cr    0.56               EUR     55.72
KTG Energie AG             7.25  9/28/2018    EUR      6.00
Portugal Telecom Intern    4.38  3/24/2017    EUR     23.63
Banca Monte dei Paschi     2.36  5/15/2018    EUR     64.50
Banca Popolare di Vicen    9.50  9/29/2025    EUR     67.77
Banca Monte dei Paschi     5.60   9/9/2020    EUR     63.22
Oi Brasil Holdings Coop    5.63  6/22/2021    EUR     24.02
Abengoa Finance SA         6.00  3/31/2021    EUR      4.02
Grupo Isolux Corsan Fin    6.63  4/15/2021    EUR     17.51
Aldesa Financial Servic    7.25   4/1/2021    EUR     68.13
KTG Agrar SE               7.13   6/6/2017    EUR      1.72
Banca Monte dei Paschi     0.70 11/30/2017    EUR     65.08
Bank of New York Mellon    4.20 12/15/2050    EUR     35.87
Portugal Telecom Intern    5.88  4/17/2018    EUR     23.50
Abengoa Finance SA         7.00  4/15/2020    EUR      4.19
Credit Agricole SA         0.68               EUR     61.86
HSBC Bank PLC              1.19               USD     66.56
Offshore Drilling Holdi    8.38  9/20/2020    USD     56.00
AXA SA                     0.72               EUR     57.34
Ensco PLC                  4.50  10/1/2024    USD     69.89
Intelsat Luxembourg SA     7.75   6/1/2021    USD     31.06
Portugal Telecom Intern    5.00  11/4/2019    EUR     23.51
CGG SA                     1.75   1/1/2020    EUR      4.90
PagesJaunes Finance & C    8.88   6/1/2018    EUR     60.08
Fuerstenberg Capital II    5.63               EUR     66.22
EnQuest PLC                7.00  4/15/2022    USD     48.75
Bilt Paper BV              9.64               USD     46.05
Gol LuxCo SA               8.88  1/24/2022    USD     63.50
Far East Capital Ltd SA    8.00   5/2/2018    USD     44.78
QGOG Constellation SA      6.25  11/9/2019    USD     44.41
OAS Investments GmbH       8.25 10/19/2019    USD      5.30
Homann Holzwerkstoffe G    7.00 12/14/2017    EUR     72.38
CGG SA                     5.88  5/15/2020    EUR     53.99
Novo Banco SA              5.00  4/23/2019    EUR     70.03
Banco Espirito Santo SA    4.00  1/21/2019    EUR     21.88
Portugal Telecom Intern    6.25  7/26/2016    EUR     22.61
Aegon NV                   0.16               EUR     54.78
BPCE SA                    1.76               USD     64.50
Brunswick Rail Finance     6.50  11/1/2017    USD     53.52
Santander International    2.00               USD     42.63
Aegon NV                   1.43               USD     66.15
Banco Espirito Santo SA    2.63   5/8/2017    EUR     22.00
Abengoa Greenfield SA      5.50  10/1/2019    EUR      4.23
HSBC Bank PLC              1.19               USD     66.85
CGG SA                     6.50   6/1/2021    USD     49.80
Portugal Telecom Intern    4.50  6/16/2025    EUR     23.44
Fiat Chrysler Automobil    7.88 12/15/2016    USD     63.69
Bank of New York Mellon    3.96 12/30/2099    EUR     10.50
Rudolf Woehrl AG           6.50  2/12/2018    EUR     16.00
HSH Nordbank AG/Luxembo    2.10               EUR     16.33
Barclays Bank PLC          1.50               USD     69.75
Indo Energy Finance II     6.38  1/24/2023    USD     70.38
BNP Paribas Fortis SA      1.70               EUR     65.59
Air France-KLM             2.03  2/15/2023    EUR     10.28
Intelsat Jackson Holdin    5.50   8/1/2023    USD     69.48
Mriya Agro Holding PLC     9.45  4/19/2018    USD      6.13
IMMOFINANZ AG              4.25   3/8/2018    EUR      4.45
ING Groep NV               0.25               EUR     57.82
Econocom Group SA/NV       1.50  1/15/2019    EUR     13.75
Etablissements Maurel e    1.63   7/1/2019    EUR     16.36
AXA SA                     1.77               USD     71.44
ADLER Real Estate AG       2.50  7/19/2021    EUR     14.99
Frigoglass Finance BV      8.25  5/15/2018    EUR     62.52
Banque Federative du Cr    0.65               EUR     54.97
AXA SA                     0.73               EUR     64.37
AXA SA                     0.47               EUR     62.13
Rothschilds Continuatio    1.19               USD     43.83
DTEK Finance PLC           7.88   4/4/2018    USD     65.20
Barclays Bank PLC          1.25               USD     69.75
Johnston Press Bond Plc    8.63   6/1/2019    GBP     61.00
CNP Assurances             0.36               EUR     51.55
Ageasfinlux SA             1.05               EUR     47.75
Financiere Quick SAS       7.21 10/15/2019    EUR     67.08
Banco Espirito Santo SA    4.75  1/15/2018    EUR     22.50
Nordea Bank Norge ASA      1.13               USD     59.85
KTG Agrar SE               7.25 10/15/2019    EUR      1.77
Intelsat Luxembourg SA     6.75   6/1/2018    USD     67.00
Societe Generale SA        1.06               USD     62.75
Rothschilds Continuatio    0.54               EUR     49.11
Yuksel Insaat AS           9.50 11/10/2015    USD     35.88
Neopost SA                 3.38               EUR     47.16
WPE International Coope   10.38  9/30/2020    USD     14.25
Banco Espirito Santo SA    7.13 11/28/2023    EUR      0.28
AXA SA                     1.43               USD     71.00
Pacific Drilling SA        5.38   6/1/2020    USD     28.13
HSH Nordbank AG            7.25               USD     26.54
Banca Monte dei Paschi     0.71  1/15/2018    EUR     63.89
CHC Helicopter SA          9.25 10/15/2020    USD     49.50
Intelsat Jackson Holdin    7.50   4/1/2021    USD     74.58
UkrLandFarming PLC        10.88  3/26/2018    USD     30.00
Solstad Offshore ASA       4.57  6/24/2019    NOK     60.88
Algeco Scotsman Global    10.75 10/15/2019    USD     59.96
Assystem                   4.50               EUR     29.68
Abengoa Finance SA         8.88  11/1/2017    USD      8.25
DTEK Finance PLC          10.38  3/28/2018    USD     65.15
BNP Paribas SA             0.99               USD     59.77
CEVA Group PLC             9.00   9/1/2021    USD     67.00
BNP Paribas SA             1.15               EUR     52.17
Aegon NV                   5.19               NLG     59.81
ING Groep NV               0.65               EUR     61.43
Barclays Bank PLC          1.19               USD     59.75
CGG SA                     6.88  1/15/2022    USD     49.94
Intelsat Luxembourg SA     8.13   6/1/2023    USD     31.25
BBVA International Pref    1.40               GBP     61.00
Capital Funding GmbH       2.09               EUR     68.00
Aegon NV                   4.26               NLG     71.25
Alno AG                    8.50  5/14/2018    EUR     48.50
Fred Olsen Energy ASA      4.06  2/28/2019    NOK     30.13
Takko Luxembourg 2 SCA     9.88  4/15/2019    EUR     57.52
Danske Bank Oyj            0.66               EUR     52.00
Bibby Offshore Services    7.50  6/15/2021    GBP     65.09
Nexity SA                  0.13   1/1/2023    EUR     67.97
Aegon NV                   1.51               NLG     55.00
DNB Bank ASA               1.38               USD     58.38
Immigon Portfolioabbau    10.00               EUR      3.42
HSBC Bank PLC              1.04               USD     66.61
Sapinda Invest SARL        5.00  6/30/2019    EUR     67.00
Santander Finance Prefe    0.61               EUR     52.00
European Directories Bo    7.00  12/9/2018    EUR     51.75
ATF Capital BV            10.00               USD     63.38
Union Fenosa Preferente    1.37               EUR     73.17
National Westminster Ba    1.50               USD     67.00
Transcapitalbank JSC Vi   10.00  9/18/2020    USD     73.00
VistaJet Malta Finance     7.75   6/1/2020    USD     43.75
Abengoa Finance SA         7.75   2/1/2020    USD      3.97
Scandinavian Airlines S    0.63               CHF     26.13
EnQuest PLC                7.00  4/15/2022    USD     49.25
NIBC Bank NV               0.66               EUR     47.44
Co-Operative Bank PLC/U    8.50   7/1/2025    GBP     73.07
Novo Banco SA              3.50   1/2/2043    EUR     48.41
Credit Mutuel Arkea SA     0.44               EUR     49.48
Jyske Bank A/S             0.49               EUR     52.38
DNB Bank ASA               1.13               USD     58.38
Ichor Coal NV              8.00   6/7/2017    EUR     69.43
OGX Austria GmbH           8.50   6/1/2018    USD      0.03
Pierre & Vacances SA       3.50  10/1/2019    EUR     40.33
OSX 3 Leasing BV          13.00  3/20/2015    USD     22.88
Fuerstenberg Capital Er    1.45               EUR     55.38
Hema Bondco II BV          8.50 12/15/2019    EUR     48.01
Bluewater Holding BV      10.00 12/10/2019    USD     44.00
Virgolino de Oliveira F   10.50  1/28/2018    USD      6.51
Oi Brasil Holdings Coop    5.75  2/10/2022    USD     23.93
Privatbank CJSC Via UK    11.00   2/9/2021    USD     62.50
Etablissements Maurel e    2.75   7/1/2021    EUR     10.58
Greene King Finance PLC    2.46  3/15/2036    GBP     69.70
Banca Monte dei Paschi     3.01 10/31/2018    EUR     63.08
German Pellets GmbH        7.25 11/27/2019    EUR      0.87
CGG SA                     1.25   1/1/2019    EUR     21.72
Far East Capital Ltd SA    8.75   5/2/2020    USD     46.00
Banco Espirito Santo SA    2.36               EUR      0.33
Hema Bondco I BV           5.25  6/15/2019    EUR     72.73
Mitchells & Butlers Fin    0.98 12/15/2033    GBP     71.67
Paragon Offshore PLC       6.75  7/15/2022    USD     28.25
DOF Subsea AS              6.02  5/22/2018    NOK     72.00
Caixa Terrassa Societat    0.41               EUR     51.00
Afren PLC                  6.63  12/9/2020    USD      0.07
Ekosem-Agrar GmbH          8.50  12/7/2022    EUR     56.63
Caisse Federale du Cred    0.70               EUR     50.37
Hypo Tirol Bank AG         0.17  7/23/2026    EUR     70.38
BIM SAS                    2.50 11/13/2020    EUR     26.54
syncreon Group BV / syn    8.63  11/1/2021    USD     75.25
DNB Bank ASA               1.39               USD     58.35
Abengoa SA                 6.25  1/17/2019    EUR      4.12
BPCE SA                    0.29               EUR     50.40
Banca Carige SpA           8.34               EUR     61.38
Societe Generale SA        0.81               EUR     49.00
Bank of Scotland PLC       1.25               USD     66.52
Matalan Finance PLC        8.88   6/1/2020    GBP     65.28
SOITEC                     6.75  9/18/2018    EUR      2.49
Espirito Santo Financia    3.13  12/2/2018    EUR      0.40
Ekosem-Agrar GmbH          8.75  3/23/2021    EUR     59.75
Heta Asset Resolution A    5.92 12/31/2023    EUR     41.75
Jyske Bank A/S             0.53               EUR     50.75
Paragon Offshore PLC       7.25  8/15/2024    USD     28.00
Banco Bilbao Vizcaya Ar    1.00               EUR     69.67
Waste Italia SpA          10.50 11/15/2019    EUR     29.63
German Pellets GmbH        7.25   7/9/2018    EUR      0.99
Norske Skog Holding AS     8.00  2/24/2021    EUR     39.54
Lambay Capital Securiti    6.25               GBP      1.06
Steilmann SE               7.00  9/23/2018    EUR      4.52
E Forland AS               7.84   9/4/2018    NOK     62.63
Mriya Agro Holding PLC    10.95  3/30/2016    USD      5.75
Sequa Petroleum NV         5.00  4/29/2020    USD     65.29
Eurobank Ergasias SA       1.30   6/8/2017    EUR     70.88
NIBC Bank NV               1.84               USD     54.69
Novo Banco SA              5.00  5/14/2019    EUR     70.06
Afren PLC                 11.50   2/1/2016    USD      0.06
NTRP Via Interpipe Ltd    10.25   8/2/2017    USD     26.01
Afren PLC                 10.25   4/8/2019    USD      0.08
Virgolino de Oliveira F   11.75   2/9/2022    USD      6.25
Cofinoga Funding Two LP    1.52               EUR     67.00
Abengoa Greenfield SA      6.50  10/1/2019    USD      8.25
Cattles Ltd                7.13   7/5/2017    GBP      1.05
CHC Helicopter SA          9.38   6/1/2021    USD     19.50
BOA OCV AS                 6.75  10/7/2019    NOK     49.25
Novo Banco SA              3.00  6/21/2022    USD     63.01
Espirito Santo Financia    6.88 10/21/2019    EUR      0.05
Phones4u Finance PLC       9.50   4/1/2018    GBP     55.75
Cooperatieve Rabobank U    0.50 11/26/2021    ZAR     63.56
Banco Santander SA         0.80               EUR     51.43
Immigon Portfolioabbau     5.00   9/7/2020    EUR      4.50
Enterprise Holdings LTD    7.00  3/30/2020    EUR     22.63
Abengoa Finance SA         8.88  11/1/2017    USD      4.75
Phosphorus Holdco PLC     10.00   4/1/2019    GBP      2.57
Novo Banco SA              5.00   4/4/2019    EUR     69.79
LBI HF                     6.10  8/25/2011    USD     11.50
Candyking Holding AB       5.00  1/29/2018    SEK     38.00
Touax SA                   6.00  7/10/2020    EUR     18.03
Sanha GmbH & Co KG         7.75   6/4/2018    EUR     57.88
Heta Asset Resolution A    0.46 12/31/2023    EUR     41.50
Travel24.com AG            7.50  9/17/2017    EUR     35.00
Norske Skogindustrier A    2.00 12/30/2115    EUR     15.00
Novo Banco SA              5.00  2/24/2022    EUR     67.36
Action SA                  3.19   7/4/2017    PLN     66.48
Dexia SA                   4.89               EUR      3.11
Pescanova SA               5.13  4/20/2017    EUR      2.17
International Industria    9.00   7/6/2011    EUR      0.45
Bank Nadra via NDR Fina    8.25  7/31/2018    USD      1.37
BLT Finance BV             7.50  5/15/2014    USD      2.26
Solor Bioenergi Holding    6.25  11/2/2017    NOK     52.50
Pescanova SA               8.75  2/17/2019    EUR      2.23
IKB Deutsche Industrieb    5.63  3/31/2017    EUR     25.38
Elli Investments Ltd      12.25  6/15/2020    GBP     29.63
Mitchells & Butlers Fin    2.51  6/15/2036    GBP     72.36
Bremer Landesbank Kredi    8.50               EUR     63.50
Credit Lyonnais SA         1.81               EUR     50.02
Lloyds Bank PLC            1.19               USD     66.38
Dexia Credit Local SA      1.43               EUR      2.47
Enterprise Holdings LTD    7.00  9/26/2017    EUR     30.63
Hybrid Raising GmbH        6.63               EUR     17.25
National Westminster Ba    1.13               USD     63.75
Lloyds Bank PLC            1.37 11/27/2033    USD     92.45
ESFIL-Espirito Santo Fi    5.25  6/12/2015    EUR      0.37
Laurel GmbH                7.13 11/16/2017    EUR     22.50
Petrol AD                  8.38  1/26/2017    EUR     27.50
Tonon Luxembourg SA       10.50  5/14/2024    USD     42.25
Deutsche Bank AG/London    0.59  3/15/2033    USD     61.40
Praktiker AG               5.88  2/10/2016    EUR      0.12
Aralco Finance SA         10.13   5/7/2020    USD      1.76
Oceanteam ASA             11.96 10/24/2017    USD     48.75
Novo Banco SA              5.00  3/15/2022    EUR     67.25
Banco Espirito Santo SA    6.88  7/15/2016    EUR     20.63
Royal Bank of Scotland     1.19               USD     68.50
Banca Monte dei Paschi     7.00   3/4/2019    EUR     65.00
Virgolino de Oliveira F   10.88  1/13/2020    USD     19.38
TGC-2 OJSC                12.00 10/10/2018    RUB     70.06
Havila Shipping ASA        9.58  8/30/2017    NOK     19.00
Strenesse AG               9.00  3/15/2017    EUR     23.00
Hellenic Republic Gover    6.14  4/14/2028    EUR     72.88
Sydbank A/S                0.77               EUR     50.75
OP Corporate Bank plc      0.61               EUR     50.35
Banca delle Marche SpA     0.65   6/1/2017    EUR      1.00
Vneshprombank Ltd via V    9.00 11/14/2016    USD      0.16
Heta Asset Resolution A    4.35 12/31/2023    EUR     41.75
Ausy                       3.25   1/1/2021    EUR     60.52
Argon Capital PLC for R    2.89               GBP     75.00
Manchester Building Soc    6.75               GBP     28.38
Tonon Luxembourg SA        7.25  1/24/2020    USD     10.50
Solarworld AG              6.13  1/21/2017    EUR     42.63
Portugal Telecom Intern    5.24  11/6/2017    EUR     23.13
Paragon Offshore PLC       7.25  8/15/2024    USD     28.50
Ajecorp BV                 6.50  5/14/2022    USD     54.41
Deutsche Bank AG/London    2.64  6/30/2034    USD     68.52
International Industria   11.00  2/19/2013    USD      0.45
Steilmann SE               6.75  6/27/2017    EUR      4.44
Abengoa Greenfield SA      6.50  10/1/2019    USD      5.25
JZ Capital Partners Ltd    6.00  7/30/2021    GBP     10.50
Alpine Holding GmbH        6.00  5/22/2017    EUR      0.63
Lloyds Bank PLC            0.44  2/22/2033    USD     60.00
Beate Uhse AG              7.75   7/9/2019    EUR     25.13
Island Drilling Co ASA     9.50   4/3/2018    USD      5.00
Viking Supply Ships AS     9.34  3/21/2017    NOK     30.25
OGX Austria GmbH           8.38   4/1/2022    USD      0.01
SNS Bank NV                6.25 10/26/2020    EUR      2.49
Royal Bank of Scotland     0.71 11/16/2030    USD     78.51
LBI HF                     6.25               EUR      0.00
Lehman Brothers UK Capi    5.13               EUR      0.25
Alcatel-Lucent SA          0.13  1/30/2020    EUR      4.49
National Westminster Ba    1.38               USD     58.75
Koninklijke Luchtvaart     0.75               CHF     36.50
Abengoa Finance SA         7.75   2/1/2020    USD      6.35
SNS Bank NV               11.25               EUR      0.79
Novo Banco SA              5.00  5/21/2019    EUR     69.77
Cooperatieve Rabobank U    0.50  1/31/2033    MXN     28.30
Corporate Commercial Ba    8.25   8/8/2014    USD      0.70
Lloyds Bank PLC            0.71  1/31/2033    USD     61.62
GNB - Cia de Seguros de    3.20               EUR     55.88
Immigon Portfolioabbau     7.00  7/24/2022    EUR     35.00
Iona Energy Co UK PLC     12.50  9/27/2018    USD      3.86
Sydbank A/S                0.80               EUR     75.00
BOA Offshore AS            7.83 12/18/2018    NOK     35.00
Manchester Building Soc    8.00               GBP     39.50
Lloyds Bank PLC            0.85  2/26/2033    USD     74.00
Sankt-Peterburg Telecom   10.70  1/31/2022    RUB     61.17
Golden Gate AG             6.50 10/11/2014    EUR     49.00
Lloyds Bank PLC            1.33               USD     66.25
Smart Solutions GmbH       8.00  12/3/2018    EUR     21.00
Farstad Shipping ASA       4.46  5/29/2018    NOK     38.63
Deutsche Bank AG/London    0.77  8/28/2034    USD     65.88
Hellenic Republic Gover    5.20  7/17/2034    EUR     63.75
Dexia Kommunalbank Deut    4.88 12/31/2016    EUR     37.50
Northland Resources AB     4.00 10/15/2020    USD      0.01
OT-Optima Telekom DD       5.25  5/30/2022    HRK     65.00
Cirio Holding Luxembour    6.25  2/16/2004    EUR      1.33
Novo Banco SA              5.00  5/23/2019    EUR     69.57
Brunswick Rail Finance     6.50  11/1/2017    USD     53.71
GNB - Cia de Seguros de    1.90 12/19/2022    EUR     60.25
Belfius Bank SA/NV         1.73               FRF     69.63
Windreich GmbH             6.50  7/15/2016    EUR     10.88
Societe Alsacienne et L    1.63   1/1/2022    EUR     61.08
Geotech Seismic Service   10.50 10/17/2018    RUB     69.77
Santander Finance Capit    2.00               EUR     41.38
Espirito Santo Financia    9.75 12/19/2025    EUR      0.66
Windreich GmbH             6.50   3/1/2015    EUR     10.88
Santander Finance Capit    2.00               USD     41.50
Banco Espirito Santo SA    1.25  5/27/2018    EUR      0.37
Vseukrainsky Aktsinerny   10.90  6/14/2019    USD      1.06
Eidesvik Offshore ASA      5.58  5/22/2018    NOK     69.00
Breeze Finance SA          6.71  4/19/2027    EUR     26.50
Farstad Shipping ASA       5.32  2/15/2017    NOK     45.75
Sidetur Finance BV        10.00  4/20/2016    USD      5.25
Talvivaara Mining Co PL    9.75   4/4/2017    EUR      0.67
Olympic Ship AS            7.29  9/21/2017    NOK     32.00
Electromagnetic Geoserv    7.07  6/27/2019    NOK     44.38
Commerzbank Holdings UK    1.38               USD     65.16
German Pellets GmbH        7.25   4/1/2016    EUR      0.93
Ideal Standard Internat   11.75   5/1/2018    EUR     14.63
Barclays Bank PLC          0.69  2/25/2031    USD     73.00
Danske Bank Oyj            1.30               EUR     53.38
Far Eastern Shipping Co   14.00 11/28/2017    RUB     70.10
Barclays Bank PLC          1.28  5/31/2033    USD     65.60
IGas Energy PLC           10.00 12/11/2018    USD     31.50
SeaBird Exploration Fin    6.00   3/3/2018    USD     18.38
Popular Capital SA         0.53               EUR     45.75
Offshore Drilling Holdi    8.38  9/20/2020    USD     55.88
Sazka AS                   9.00  7/12/2021    EUR      0.54
Takko Luxembourg 2 SCA     6.71  4/15/2019    EUR     49.52
Pacific Drilling SA        5.38   6/1/2020    USD     29.50
Svensk Exportkredit AB     0.50  6/20/2029    AUD     74.44
Teksid Aluminum Luxembo   11.38  7/15/2011    EUR      1.99
Abengoa SA                 4.50   2/3/2017    EUR      7.13
Banca Carige SpA           1.72 12/29/2018    EUR     50.50
Sairgroup Finance BV       4.38   6/8/2006    EUR     18.88
EFG International AG       0.85               EUR     63.00
Autonomous Community of    1.10   9/8/2024    EUR     72.54
Novo Banco SA              3.50  1/23/2043    EUR     48.53
Lloyds Bank PLC            1.00               USD     66.20
UniCredit Bank Austria     0.18 12/27/2031    EUR     65.13
Nexity SA                  0.63   1/1/2020    EUR     55.65
Eniro AB                   6.00  4/14/2020    SEK     23.86
Cirio Finanziaria SpA      8.00 12/21/2005    EUR      5.63
Finance and Credit Bank    9.25  1/25/2019    USD      0.37
Lehman Brothers UK Capi    5.75               EUR      0.04
Lehman Brothers Treasur    6.00  11/2/2035    EUR     11.88
Kaupthing ehf              7.63  2/28/2015    USD     17.63
DOF ASA                    8.08  9/12/2019    NOK     40.13
Hellas Telecommunicatio    8.50 10/15/2013    EUR      0.00
Olympic Ship AS            6.08  6/18/2019    NOK     27.00
Banco Pinto & Sotto May    0.75               EUR     20.00
Novo Banco SA              3.50  2/19/2043    EUR     48.48
IT Holding Finance SA      9.88 11/15/2012    EUR      0.23
Cooperatieve Rabobank U    0.50  7/30/2043    MXN     15.87
Cirio Finance Luxembour    7.50  11/3/2002    EUR      9.60
Capital Raising GmbH       7.50               EUR     17.50
Steilmann SE               7.00   3/9/2017    EUR      4.52
Heta Asset Resolution A    5.73 12/31/2023    EUR     39.75
Region of Abruzzo Italy    0.24  11/7/2036    EUR     60.27
Rena GmbH                  7.00 12/15/2015    EUR      8.63
Talvivaara Mining Co PL    4.00 12/16/2015    EUR      0.18
PA Resources AB            3.00 12/27/2017    NOK      0.23
Orient Express Bank PJS   12.00  5/29/2019    USD     55.00
Standard Chartered PLC     1.25               USD     63.33
Brighthouse Group PLC      7.88  5/15/2018    GBP     58.88
Gebr Sanders GmbH & Co     8.75 10/22/2018    EUR     58.75
Santander Finance Capit    2.00               USD     41.50
Cirio Del Monte NV         7.75  3/14/2005    EUR      6.25
Mobylife Holding A/S       7.25  5/23/2018    SEK     67.75
Lehman Brothers Treasur    6.00  2/15/2035    EUR     11.88
PA Resources AB           13.50   3/3/2016    SEK      0.11
World Wide Supply AS       7.75  5/26/2017    USD     10.00
Standard Chartered PLC     1.21               USD     63.17
Abanka Vipa DD Via Afin    1.60               EUR      0.47
Havila Shipping ASA        8.60  3/30/2017    NOK     39.88
Volstad Shipping AS        7.06  4/15/2019    NOK     25.00
Santander Finance Capit    2.00               EUR     41.38
Dannemora Mineral AB      11.75  3/22/2016    USD      0.92
Hellenic Republic Gover    2.09  7/25/2057    EUR     29.75
Alpine Holding GmbH        5.25  6/10/2016    EUR      0.63
CNP Assurances             2.00               EUR     63.99
Rena GmbH                  8.25  7/11/2018    EUR      8.63
Barclays Bank PLC          0.84  3/21/2033    USD     65.95
Uppfinnaren 1 AB          10.00               SEK     65.38
BNP Paribas SA             0.66  4/30/2033    USD     58.39
Far East Capital Ltd SA    8.00   5/2/2018    USD     45.00
Bremer Landesbank Kredi    9.50               EUR     71.38
Lehman Brothers Treasur    7.25  10/5/2035    EUR      9.63
QGOG Constellation SA      6.25  11/9/2019    USD     43.93
Credit Suisse AG/Guerns    0.94               USD     58.00
Cooperatieve Rabobank U    0.50 10/30/2043    MXN     15.89
Immigon Portfolioabbau     7.00   3/6/2021    EUR     33.50
Grupo Isolux Corsan Fin    6.63  4/15/2021    EUR     17.50
CRC Breeze Finance SA      6.11   5/8/2026    EUR     52.63
Norske Skogindustrier A    7.13 10/15/2033    USD     23.50
Northland Resources AB     4.00 10/15/2020    NOK      0.01
Banco Espirito Santo SA    6.90  6/28/2024    EUR     20.25
CGG SA                     6.88  1/15/2022    USD     49.88
EDOB Abwicklungs AG        7.50   4/1/2012    EUR      0.25
DEIKON GmbH                1.00 11/16/2016    EUR     28.01
Frey                       6.00 11/15/2022    EUR     22.50
Activa Resources AG        8.00 11/15/2017    EUR     12.50
Afren PLC                  6.63  12/9/2020    USD      0.06
getgoods.de AG             7.75  10/2/2017    EUR      0.03
Deutsche Bank AG/London    0.46  1/31/2033    USD     64.01
IVG Immobilien AG          5.55               EUR      0.37
UkrLandFarming PLC        10.88  3/26/2018    USD     29.50
AKB Finprombank PAO       14.00  10/2/2018    RUB      9.43
Virgolino de Oliveira F   10.50  1/28/2018    USD      6.38
Norske Skog Holding AS     8.00  2/24/2023    USD     38.50
IKB Deutsche Industrieb    4.70  3/31/2017    EUR     26.85
Standard Chartered PLC     0.75               GBP     60.19
PNE Wind AG                3.75 10/10/2019    EUR      2.94
MegaFon PJSC               9.95   5/9/2019    RUB     61.33
Oi Brasil Holdings Coop    5.63  6/22/2021    EUR     23.52
Singulus Technologies A    7.75  3/23/2017    EUR     39.75
Norske Skogindustrier A    7.13 10/15/2033    USD     23.50
Tonon Luxembourg SA       10.50  5/14/2024    USD     40.13
Societe Generale SA        9.50  5/21/2018    USD     56.80
Algeco Scotsman Global    10.75 10/15/2019    USD     59.72
AgroGeneration             8.00   4/1/2019    EUR     74.11
Sberbank of Russia PJSC   12.27   1/2/2026    RUB     60.03
RENE LEZARD Mode GmbH      7.25 11/25/2017    EUR     28.56
Havila Shipping ASA        4.87  11/8/2016    NOK     39.75
Heta Asset Resolution A    4.88 12/31/2023    EUR     42.75
Barclays Bank PLC          1.70  4/19/2033    USD     65.25
Nationwide Building Soc    0.90               GBP     70.00
Abengoa SA                 5.13   3/5/2017    USD      3.62
Waste Italia SpA          10.50 11/15/2019    EUR     29.63
Kaupthing ehf              5.75  10/4/2011    USD     17.63
Cooperatieve Rabobank U    0.50 10/29/2027    MXN     43.49
Novo Banco SA              3.50  3/18/2043    EUR     48.48
Atari SA                   7.50  2/17/2020    EUR      0.30
Assystem                   4.00   1/1/2017    EUR     24.82
Banco Espirito Santo SA   10.00  12/6/2021    EUR      0.37
Far East Capital Ltd SA    8.75   5/2/2020    USD     45.38
Accentro Real Estate AG    6.25  3/27/2019    EUR      6.70
Gazprom Neft PJSC          9.80   5/3/2046    RUB     61.03
Lehman Brothers Treasur    8.25  3/16/2035    EUR     11.88
Agroton Public Ltd         6.00  7/14/2019    USD     10.00
Mriya Agro Holding PLC     9.45  4/19/2018    USD      6.13
Gol LuxCo SA               8.88  1/24/2022    USD     63.63
Italy Government Intern    0.18  7/31/2045    EUR     73.98
Veneto Banca SpA           6.95  2/25/2025    EUR     55.13
IM Skaugen SE              9.98  4/11/2017    NOK     36.75
Kaupthing ehf              5.75  10/4/2011    USD     17.63
Aldesa Financial Servic    7.25   4/1/2021    EUR     68.25
Norske Skog Holding AS     8.00  2/24/2021    EUR     40.13
Cooperatieve Rabobank U    0.50 11/30/2027    MXN     43.44
Russian Post FGUP         12.00 10/18/2019    RUB     60.26
Heta Asset Resolution A    7.50 12/31/2023    ATS     31.70
Bibby Offshore Services    7.50  6/15/2021    GBP     65.50
Pescanova SA               6.75   3/5/2015    EUR      2.29
ADLER Real Estate AG       6.00  6/30/2017    EUR     13.50
Alfa-Bank AO               9.75  7/24/2031    RUB     60.66
Minicentrales Dos SA       4.81 11/29/2034    EUR     65.75
INVEST-DEVELOPMENT PJSC   15.00   4/2/2026    RUB     60.36
Western Bulk Chartering    7.76  4/19/2019    NOK     71.63
Tonon Luxembourg SA        7.25  1/24/2020    USD     10.50
OAS Investments GmbH       8.25 10/19/2019    USD      4.56
HPI AG                     3.50               EUR      8.88
Transneft PJSC             9.45   8/3/2023    RUB     60.88
CEVA Group PLC             9.00   9/1/2021    USD     67.00
Immigon Portfolioabbau     7.00   3/8/2021    EUR     35.00
OGX Austria GmbH           8.50   6/1/2018    USD      0.03
Mox Telecom AG             7.25  11/2/2017    EUR      3.01
Barclays Bank PLC          1.73 11/29/2030    USD     73.84
Finmek International SA    7.00  12/3/2004    EUR      0.13
Paragon Offshore PLC       6.75  7/15/2022    USD     28.75
Depfa Funding II LP        6.50               EUR     56.75
SAir Group                 0.13   7/7/2005    CHF     11.13
Bilt Paper BV              9.64               USD     46.88
Banco Espirito Santo SA    2.53               EUR     11.00
Region of Abruzzo Italy    0.08  11/7/2031    EUR     73.81
State of Carinthia         0.73  7/20/2017    CHF      0.20
LBI HF                     6.10  8/25/2011    USD     11.50
Del Monte Finance Luxem    6.63  5/24/2006    EUR      5.25
MS Deutschland Beteilig    6.88 12/18/2017    EUR      9.03
CGG SA                     5.88  5/15/2020    EUR     53.88
Solon SE                   1.38  12/6/2012    EUR      0.33
KPNQwest NV               10.00  3/15/2012    EUR      0.57
CSN Resources SA           6.50  7/21/2020    USD     65.51
Afren PLC                 10.25   4/8/2019    USD      0.07
Alpha Bank AE              1.40   2/1/2017    EUR     68.50
Immigon Portfolioabbau     6.00  3/30/2017    EUR     59.00
Municipality Finance PL    0.50 11/25/2020    ZAR     68.92
Norske Skog Holding AS     8.00  2/24/2023    USD     38.75
Heta Asset Resolution A    0.34 12/31/2023    EUR     41.75
Lehman Brothers Treasur    2.88  3/14/2013    CHF     11.88
More & More AG             8.13  6/11/2018    EUR     40.38
Indo Energy Finance II     6.38  1/24/2023    USD     70.95
Heta Asset Resolution A    0.16 12/31/2023    EUR     42.25
Alpine Holding GmbH        5.25   7/1/2015    EUR      0.63
Kaupthing ehf              6.13  10/4/2016    USD     17.63
Takko Luxembourg 2 SCA     9.88  4/15/2019    EUR     58.25
Lloyds Bank PLC            1.69  4/26/2033    USD     60.00
UniCredit Bank Austria     0.22  8/20/2033    EUR     63.75
Golden Energy Offshore     5.00 12/31/2017    NOK     26.00
Gunther Zamek Produktio    7.75  5/15/2017    EUR      1.55
Delta Credit Bank JSC     11.75  11/2/2016    RUB     60.55
Depfa Funding IV LP        5.03               EUR     56.00
Svensk Exportkredit AB     0.50  1/31/2022    ZAR     62.97
VistaJet Malta Finance     7.75   6/1/2020    USD     43.75
Kaupthing ehf              7.13  5/19/2016    USD      0.00
APP International Finan   11.75  10/1/2005    USD      0.56
Governo Portugues Conso    3.00               EUR     74.00
KPNQwest NV                8.88   2/1/2008    EUR      0.57
Abengoa Finance SA         8.88   2/5/2018    EUR      4.26
wige MEDIA AG              6.00  3/17/2019    EUR      2.00
Standard Chartered PLC     1.13               USD     61.50
Synergy PJSC              12.90  4/29/2020    RUB     60.88
Banca Popolare di Vicen    9.50  10/2/2025    EUR     63.88
Kommunekredit              0.50  2/20/2020    BRL     72.31
LBI HF                     2.25  2/14/2011    CHF      7.75
UniCredit Bank Austria     0.22 12/31/2031    EUR     67.13
Northland Resources AB    15.00  7/15/2019    USD      0.10
Lehman Brothers Treasur    5.10   5/8/2017    HKD      9.63
Blaker Sparebank           4.77               NOK     53.20
Novo Banco SA              3.00 12/16/2021    EUR     55.50
Hellenic Republic Gover    2.27   2/7/2022    EUR     72.76
Lehman Brothers Treasur    1.75   2/7/2010    EUR      0.85
Hema Bondco II BV          8.50 12/15/2019    EUR     48.25
Sairgroup Finance BV       6.63  10/6/2010    EUR     20.00
Immigon Portfolioabbau     1.31  7/29/2018    EUR      2.00
Banco Pastor SA            2.10               EUR     29.63
Hema Bondco I BV           5.25  6/15/2019    EUR     73.13
KPNQwest NV                7.13   6/1/2009    EUR      0.56
Bulgaria Steel Finance    12.00   5/4/2013    EUR      1.09
Cooperativa Muratori &     7.50   8/1/2021    EUR     74.75
Virgolino de Oliveira F   10.88  1/13/2020    USD     19.38
NNK-Aktiv AO               0.01  7/21/2020    RUB     60.03
Phones4u Finance PLC       9.50   4/1/2018    GBP     55.75
Eximbank of Russia JSC    12.10 11/11/2025    RUB     60.56
Societe Generale SA        1.60   1/9/2020    GBP      1.10
Espirito Santo Financia    5.05 11/15/2025    EUR      0.06
Region of Piemont Italy    0.01 11/27/2036    EUR     61.31
Minaya Capital AG          7.00   8/1/2018    EUR     68.00
Orient Express Bank PJS   13.60   8/9/2018    RUB     59.01
Governo Portugues Conso    2.75               EUR     66.00
Polyus PJSC               12.10   7/3/2025    RUB     66.07
ECM Real Estate Investm    5.00  10/9/2011    EUR     10.38
Alpha Bank AE              1.35   3/8/2017    EUR     68.00
BLT Finance BV            12.00  2/10/2015    USD     10.50
Italy Government Intern    0.19  7/31/2045    EUR     74.45
Lehman Brothers Treasur    7.00  5/17/2035    EUR     11.88
Minicentrales Dos SA       6.45  4/14/2028    EUR     65.75
SiC Processing GmbH        7.13   3/1/2016    EUR      1.26
LBI HF                     4.65               EUR      0.00
Artea                      6.00   8/4/2019    EUR     14.81
syncreon Group BV / syn    8.63  11/1/2021    USD     75.00
Aralco Finance SA         10.13   5/7/2020    USD      1.76
Abengoa Greenfield SA      5.50  10/1/2019    EUR      4.23
Virgolino de Oliveira F   11.75   2/9/2022    USD      6.25
CHC Helicopter SA          9.25 10/15/2020    USD     49.00
CBo Territoria             6.00   1/1/2020    EUR      4.16
Kommunekredit              0.50 10/22/2019    BRL     74.66
SNS Bank NV                2.45               EUR      0.79
Credit Suisse AG/London    7.25 11/10/2016    CHF     67.79
Notenstein Finance Guer    1.00  9/17/2019    CHF     48.92
Mechel PJSC                8.00   2/9/2021    RUB     60.00
Veneto Banca SpA          10.00 10/22/2022    EUR     67.38
Abengoa SA                 6.25  1/17/2019    EUR      4.34
Autonomous Community of    2.97   9/8/2039    JPY     66.29
Lloyds Bank PLC            1.43  7/29/2033    USD     72.85
Financiere Quick SAS       7.21 10/15/2019    EUR     67.15
Johnston Press Bond Plc    8.63   6/1/2019    GBP     61.00
Dexia Kommunalbank Deut    5.63 12/31/2017    EUR     13.13
Finans-Avia OOO            8.25  7/31/2022    RUB     60.50
Rusfinans Bank OOO        13.90  4/24/2018    RUB     61.62
Phosphorus Holdco PLC     10.00   4/1/2019    GBP      2.57
friedola Gebr Holzapfel    7.25  4/11/2017    EUR      3.67
DTEK Finance PLC           7.88   4/4/2018    USD     63.18
Banco Comercial Portugu    5.00               EUR     42.05
Ekotechnika AG             9.75  5/10/2018    EUR      9.50
Nuova Banca Popolare de    1.72  9/28/2017    EUR      0.81
Afren PLC                 11.50   2/1/2016    USD      0.06
Sankt-Peterburg Telecom   10.70  1/31/2022    RUB     60.26
Portigon AG                7.46 12/31/2019    EUR     19.05
PagesJaunes Finance & C    8.88   6/1/2018    EUR     60.13
RZD Rasvytie vokzalov     12.50 10/21/2016    RUB     10.20
Societe Generale SA        0.14  2/28/2033    USD     73.50
Bank Nederlandse Gemeen    0.50  7/12/2022    ZAR     60.06
Kaupthing ehf              9.00               USD      0.13
Marine Subsea AS           9.00 12/16/2019    USD      0.50
SAir Group                 6.25  4/12/2005    CHF     12.13
BANIF - Banco Internaci    4.50  1/30/2025    EUR     65.63
Delta Credit Bank JSC      8.40 10/21/2023    RUB     60.15
Kaupthing ehf              6.13  10/4/2016    USD     17.63
WGF Westfaelische Grund    6.35  12/1/2016    EUR      1.75
Kommunalbanken AS          0.50  5/27/2022    ZAR     61.87
Lehman Brothers Treasur    5.00  9/22/2014    EUR     11.88
Lloyds Bank PLC            3.12  7/26/2033    USD     74.00
UmweltBank AG              2.85               EUR     47.24
Matalan Finance PLC        8.88   6/1/2020    GBP     65.50
Abengoa Finance SA         7.00  4/15/2020    EUR      4.19
La Veggia Finance SPA      7.13 11/14/2004    EUR      0.14
Mifa Mitteldeutsche Fah    7.50  8/12/2018    EUR      2.98
Standard Chartered PLC     1.21               USD     63.33
Montepio Holding SGPS S    5.00               EUR     50.15
OGX Austria GmbH           8.38   4/1/2022    USD      0.01
HSBC Bank PLC              0.50  6/10/2021    BRL     66.54
Petromena ASA             10.85 11/19/2014    USD      0.52
Banca Popolare di Vicen    5.00   6/4/2024    EUR     64.19
Frigoglass Finance BV      8.25  5/15/2018    EUR     62.63
Region of Molise Italy     0.24 12/15/2033    EUR     66.41
Lehman Brothers Treasur    1.28  11/6/2010    JPY     11.88
Stroika Finance Ltd Via    7.70  6/25/2019    RUB     12.00
Credit Suisse AG/London    8.55  1/30/2026    USD      9.53
Credit Suisse AG/Nassau    8.05  9/27/2016    CHF     65.76
Lehman Brothers Treasur    4.50   5/2/2017    EUR     11.88
MegaFon PJSC               9.90  5/29/2026    RUB     60.03
Dolomite Capital Ltd      13.26 12/20/2019    ZAR     62.40
Hamburgische Landesbank    0.08 10/30/2040    EUR     63.88
Hamburgische Landesbank    0.08  1/22/2041    EUR     61.45
City of Hunedoara Roman    1.43  8/15/2026    RON     70.00
Abengoa SA                 5.13   3/5/2017    USD      3.62
Lehman Brothers Treasur    5.25  5/26/2026    EUR      0.75
WPE International Coope   10.38  9/30/2020    USD     13.00
Heta Asset Resolution A    5.03 12/31/2023    EUR     39.63
ADLER Real Estate AG       6.00 12/27/2018    EUR     13.50
Astana Finance BV          7.88   6/8/2010    EUR     16.88
Lehman Brothers Treasur   16.20  5/14/2009    USD      0.75
Espirito Santo Financia    5.05 11/15/2025    EUR      0.42
Norddeutsche Landesbank    5.19 11/25/2016    EUR     55.57
Russian Railways JSC       9.85  4/26/2041    RUB     64.46
State Transport Leasing   14.30 12/10/2024    RUB     60.20
Landesbank Hessen-Thuer    0.19   5/3/2041    EUR     68.89
Veneto Banca SpA           6.94  5/15/2025    EUR     53.25
Lehman Brothers Treasur    1.00   5/9/2012    EUR      0.75
Lehman Brothers Treasur   11.00 12/20/2017    AUD      0.75
Lehman Brothers Treasur    4.00 10/24/2012    EUR      0.75
Lehman Brothers Treasur    6.00 10/30/2012    EUR      0.75
Sachsen Bank               0.10  1/22/2041    EUR     74.84
Lehman Brothers Treasur    3.03  1/31/2015    EUR      0.75
Barclays Bank PLC          1.82  6/17/2033    USD     70.00
Lehman Brothers Treasur    4.00  12/2/2012    EUR      0.75
SG Issuer SA               5.50  4/10/2021    EUR     64.74
Northland Resources AB    12.25  3/26/2016    USD      0.11
German Pellets GmbH        8.00               EUR      0.30
Heta Asset Resolution A    5.27 12/31/2023    EUR     34.38
Lehman Brothers Treasur    6.00  3/18/2015    USD     11.88
Lehman Brothers Treasur    5.55  3/12/2015    EUR      0.75
Rusfinans Bank OOO         9.95  8/22/2019    RUB     60.66
Salvator Grundbesitz-AG    9.50 12/31/2021    EUR     10.00
Espirito Santo Financia    5.13  5/30/2016    EUR      0.25
Banca Popolare di Vicen    4.97  4/20/2027    EUR     71.88
Abengoa Finance SA         6.00  3/31/2021    EUR      4.02
Heta Asset Resolution A    0.45 12/31/2023    EUR     40.13
Lehman Brothers Treasur    5.00  2/27/2014    EUR     11.88
Immigon Portfolioabbau     8.70  7/26/2025    EUR     15.00
Agentstvo po Ipotechnom    9.50 11/15/2024    RUB     73.13
Ideal Standard Internat   11.75   5/1/2018    EUR     14.63
Commerzbank AG             2.50  6/19/2017    USD     67.86
BNP Paribas SA             0.50  9/29/2029    AUD     63.91
DekaBank Deutsche Giroz    0.01  6/29/2046    EUR     62.05
BL Superstores Finance     1.41  10/4/2030    GBP     73.15
UniCredit Bank AG          4.85 12/22/2020    EUR     67.63
Podkarpacki Bank Spoldz    5.04  5/28/2023    PLN     46.00
BNP Paribas SA             0.50   5/6/2021    MXN     73.95
SG Option Europe SA        7.00   5/5/2017    EUR     50.34
Pongs & Zahn AG            8.50               EUR      0.36
Agrokompleks OOO          12.50  12/8/2022    RUB     66.87
Lehman Brothers Treasur    7.00   6/6/2017    EUR      0.75
Svensk Exportkredit AB     0.50  6/28/2022    ZAR     59.82
International Finance F    0.50  6/29/2027    ZAR     35.74
Oravita City Council       2.04  6/15/2027    RON     68.00
Alpha Bank AE              2.50  6/20/2022    EUR     66.93
Miratorg-Finans OOO       11.00  8/24/2021    RUB     60.03
Absolut Bank PAO          14.50 10/22/2021    RUB     60.06
HPI AG                     4.50  12/1/2016    EUR      3.01
SNS Bank NV                6.63  5/14/2018    EUR      2.49
Mriya Agro Holding PLC    10.95  3/30/2016    USD      5.88
Rosselkhozbank JSC        11.60  7/15/2025    RUB     60.66
Bank Nederlandse Gemeen    0.50   8/9/2022    MXN     67.98
Municipality Finance PL    0.50  6/19/2024    ZAR     50.74
United Engine Corp JSC     8.00  4/24/2020    RUB     60.03
Norddeutsche Landesbank    3.00  7/16/2018    EUR     62.22
Alno AG                    8.00  3/21/2019    EUR     74.00
KPNQwest NV                8.13   6/1/2009    USD      0.57
Barclays Bank PLC          1.76  4/25/2034    USD     71.75
Bayerische Landesbank      5.00 10/17/2016    EUR     36.98
Cooperatieve Rabobank U    0.50 12/29/2027    MXN     43.75
HSBC Bank PLC              0.50 12/22/2025    BRL     46.53
Bank Nederlandse Gemeen    0.50  9/20/2022    MXN     67.44
Barclays Bank PLC          1.14  3/21/2031    USD     75.00
UniCredit Bank AG          7.30  1/20/2017    EUR     61.29
Penell GmbH Elektrogros    7.75  6/10/2019    EUR      4.50
A-TEC Industries AG        5.75  11/2/2010    EUR      2.00
WEB Windenergie AG         6.50               EUR      0.05
Solarwatt GmbH             7.00  11/1/2015    EUR     14.50
Lehman Brothers Treasur    5.00  2/16/2015    EUR     11.88
Agentstvo po Ipotechnom   10.75   3/1/2033    RUB     62.15
Russian Railways JSC      13.90  5/30/2040    RUB     60.00
Western High-Speed Diam   10.44  5/13/2031    RUB     72.37
Nuova Banca Popolare de    5.00 10/30/2023    EUR      0.78
DEIKON GmbH                1.00   7/1/2016    EUR     26.15
Podkarpacki Bank Spoldz    5.79   7/2/2020    PLN     52.10
Russian Post FGUP         12.00 10/18/2019    RUB     64.12
Metalloinvest Holding C    0.01   3/7/2022    RUB     60.25
Alpha Bank AE              2.50  6/20/2022    EUR     66.95
Podkarpacki Bank Spoldz    4.94  10/6/2021    PLN     48.00
RESO-Garantia Insurance   12.00  9/13/2022    RUB     60.11
Kaupthing ehf              5.25  7/18/2017    BGN     17.63
World of Building Techn    7.70  6/25/2019    RUB      0.02
WEB Windenergie AG         4.00   4/8/2018    EUR      0.01
Credit Europe Bank Ltd     9.76  9/14/2018    RUB     62.30
Bank Julius Baer & Co L    6.30 11/24/2016    CHF     70.40
Mechel PJSC                8.00   2/9/2021    RUB     61.73
Bank Nederlandse Gemeen    0.50  5/12/2021    ZAR     67.65
Banca delle Marche SpA     6.00   5/8/2018    EUR      1.00
Landesbank Baden-Wuertt    3.25  1/26/2018    EUR     46.43
Barclays Bank PLC          3.24  5/14/2029    USD     73.70
Lehman Brothers Treasur    1.46  2/19/2012    JPY     11.88
Municipiul Timisoara       0.71  5/15/2026    RON     65.00
Barclays Bank PLC          0.50  4/24/2023    MXN     59.93
Hellas Telecommunicatio    8.50 10/15/2013    EUR      0.00
VEB-Leasing OAO           13.50  3/27/2017    RUB     60.77
Salvator Grundbesitz-AG    9.50               EUR     26.50
DEMIRE Real Estate AG      6.00 12/30/2018    EUR      3.40
Lehman Brothers Treasur    5.00   5/2/2022    EUR      0.75
Rosselkhozbank JSC        11.60  7/11/2025    RUB     60.25
Russian Railways JSC      13.90  2/28/2040    RUB     60.03
Barclays Bank PLC          0.50  3/19/2021    MXN     71.64
Leonteq Securities AG/G    5.00  1/20/2020    CHF     61.85
UniCredit Bank Austria     0.19 10/31/2031    EUR     68.38
Barclays Bank PLC          1.48  7/28/2034    USD     72.65
MirLand Development Cor    6.00 11/30/2017    ILS     23.00
Bank Julius Baer & Co L    5.50 11/24/2016    CHF     69.35
SAG Solarstrom AG          7.50  7/10/2017    EUR     28.50
Union Technologies Info    0.10   1/1/2020    EUR      5.30
Svensk Exportkredit AB     0.50  8/28/2020    TRY     68.93
Lehman Brothers Treasur    5.00  8/16/2017    EUR     11.88
Elli Investments Ltd      12.25  6/15/2020    GBP     29.63
Credit Agricole Corpora    0.50   3/6/2023    RUB     58.80
Rusfinans Bank OOO        12.10  9/29/2020    RUB     60.88
Barclays Bank PLC          2.82  9/30/2031    USD     74.50
Lehman Brothers Treasur    6.65  8/24/2011    AUD      9.63
LBI HF                     3.00  12/7/2010    CHF      7.75
Bank ZENIT PJSC           11.50   4/3/2026    RUB     60.10
Fonciere Volta SA          4.50  7/30/2020    EUR      2.66
HSBC Bank PLC              0.50 12/29/2026    AUD     68.49
Podkarpacki Bank Spoldz    5.74  3/31/2025    PLN     42.00
Rosbank PJSC               0.04  4/30/2024    RUB     60.06
Vnesheconombank           11.60  2/17/2025    RUB     60.10
Raiffeisen Centrobank A    6.70  3/13/2017    EUR     53.85
WGF Westfaelische Grund    6.35   8/1/2017    EUR      3.81
Province of Rovigo Ital    0.08 12/28/2035    EUR     66.21
United Engine Corp JSC     8.80  4/17/2023    RUB     60.03
Province of Milan Italy    0.07 12/22/2033    EUR     68.96
Europlan PJSC             11.50  8/23/2021    RUB     60.66
Windreich GmbH             6.75   3/1/2015    EUR     10.88
TransFin-M PAO            12.50  2/21/2017    RUB     68.90
Finans-Avia OOO            0.01  7/31/2027    RUB     15.05
Russian Post FGUP          2.75  12/6/2023    RUB     60.03
City of Hunedoara Roman    1.43  8/15/2026    RON     70.00
SpareBank 1 SR-Bank ASA    4.00 12/21/2030    EUR     71.44
Lehman Brothers Treasur    4.68 12/12/2045    EUR      0.75
COFIDUR SA                 0.10 12/31/2024    EUR     17.90
Lehman Brothers Treasur    6.00  9/20/2011    EUR      0.75
Lenta Center OOO          11.00 10/14/2020    RUB     62.29
Landesbank Hessen-Thuer    0.20  4/23/2041    EUR     72.67
CHC Helicopter SA          9.25 10/15/2020    USD     49.00
Immigon Portfolioabbau     3.51  4/12/2022    EUR     15.00
City of Predeal Romania    1.50  5/15/2026    RON     60.00
Atomenergoprom JSC        11.10 12/12/2025    RUB     60.03
SAir Group                 6.25 10/27/2002    CHF     12.13
Deutsche Bank AG/London    0.50  10/5/2021    IDR     62.96
Biomed-Lublin Wytwornia    7.29  8/14/2018    PLN     66.20
BLT Finance BV             7.50  5/15/2014    USD      2.26
Driver & Bengsch AG        8.50 12/31/2027    EUR      0.00
Nuova Banca Popolare de    4.25 10/30/2016    EUR      0.78
City of Alba Iulia Roma    1.50  4/15/2025    RON     70.00
Kommunekredit              0.50 12/14/2020    ZAR     70.35
Windreich GmbH             6.25   3/1/2015    EUR     10.88
Nikrom Tubular furnitur    7.25  3/20/2017    EUR
SAir Group                 4.25   2/2/2007    CHF     13.00
BNP Paribas SA             0.50  7/20/2021    BRL     58.26
Metalloinvest Holding C   11.90  2/12/2026    RUB     60.03
Astana Finance BV          9.00 11/16/2011    USD     16.88
Muehl Product & Service    6.75  3/10/2005    DEM      2.16
Kommunekredit              0.50  7/30/2027    TRY     31.65
URALSIB Leasing Co OOO    10.50  4/17/2018    RUB      0.01
Kaupthing ehf              7.50   2/1/2045    USD      0.00
Lehman Brothers Treasur    4.00  2/16/2017    EUR     11.88
Nuova Banca Popolare de    3.50  6/28/2018    EUR      0.78
Investpro OOO             13.00 12/31/2018    RUB     60.40
Northland Resources AB    15.00  7/15/2019    USD      0.11
Norddeutsche Landesbank    3.75  10/5/2016    EUR     45.85
SAG Solarstrom AG          6.25 12/14/2015    EUR     28.50
Landesbank Hessen-Thuer    3.30 10/10/2016    EUR     66.40
Sviaz Bank OAO            12.00  4/13/2022    RUB     60.89
Vegarshei Sparebank        5.00               NOK     58.70
Kaupthing ehf              7.50  12/5/2014    ISK     17.63
Societe Generale SA        0.50  5/30/2023    MXN     62.54
Leonteq Securities AG     18.00  9/26/2016    CHF     18.71
Lehman Brothers Treasur   14.90 11/16/2010    EUR      0.75
UniCredit Bank Austria     0.05  1/25/2031    EUR     66.38
Deutsche ETP GmbH & Co     3.00 11/30/2028    EUR
Lehman Brothers Treasur    7.00 11/26/2013    EUR     11.88
Rossiysky Capital OJSC    10.50  1/16/2020    RUB     60.12
A-TEC Industries AG        8.75 10/27/2014    EUR      2.00
Municipality Finance PL    0.50   5/8/2029    AUD     68.17
Municipiul Timisoara       0.71  5/15/2026    RON     67.00
Royal Bank of Scotland     1.33 10/26/2018    GBP
HSBC Bank PLC              0.50  5/29/2020    IDR     74.69
Leonteq Securities AG/G   29.61 10/26/2017    EUR     11.53
Kerdos Group SA            8.00 12/15/2017    PLN
SAir Group                 2.13  11/4/2004    CHF     12.13
Metalloinvest Holding C    0.01   3/7/2022    RUB     60.25
Barclays Bank PLC          3.32  3/27/2029    USD     70.85
International Finance F    0.50  6/24/2024    ZAR     48.74
Svensk Exportkredit AB     0.50  4/24/2029    AUD     64.37
KPNQwest NV                7.13   6/1/2009    EUR      0.56
Lehman Brothers Treasur    4.00  4/13/2011    CHF      0.75
Lehman Brothers Treasur    5.00  5/12/2011    CHF      0.75
LBI HF                     7.43               USD      0.00
KPNQwest NV                8.88   2/1/2008    EUR      0.57
Immigon Portfolioabbau     8.70  7/26/2020    EUR     15.00
Baltic Financial Agency   12.50  9/27/2016    RUB     60.03
DekaBank Deutsche Giroz    2.75 11/26/2018    EUR     71.87
Main Road OJSC            15.30 10/30/2028    RUB     72.16
Svensk Exportkredit AB     0.50  2/22/2022    ZAR     61.42
Banque Cantonale Vaudoi    5.55  11/7/2016    CHF     65.84
Vnesheconombank            2.00  6/18/2021    RUB     71.85
Notenstein La Roche Pri    6.70  7/24/2017    EUR     62.67
Kaupthing ehf              7.13  5/19/2016    USD      0.00
MirLand Development Cor    7.21  5/31/2020    ILS     22.70
Soyuz AKB OAO             11.00 11/22/2019    RUB     60.06
Podkarpacki Bank Spoldz    5.79  2/23/2025    PLN     52.00
Metalloinvest Holding C    0.01  3/10/2022    RUB     65.33
Leonteq Securities AG      8.20  1/16/2017    CHF     65.32
Barclays Bank PLC          0.22  9/30/2025    USD     10.10
Steiermaerkische Bank u    1.25               EUR     55.72
Lehman Brothers Treasur    3.86  9/21/2011    SGD      9.63
Credit Suisse AG/Nassau    6.25 10/17/2016    EUR     46.84
CaixaBank SA               0.76   2/2/2037    USD     74.19
Lehman Brothers Treasur    4.00  7/27/2011    EUR      0.75
Enemona AD-Kozloduy       10.00  4/28/2017    BGN      0.03
United Engine Corp JSC    11.50  6/26/2024    RUB     60.03
Rusfinans Bank OOO        10.90  10/2/2018    RUB     60.77
Raiffeisenbank AO         11.35  6/11/2018    RUB     60.03
Takko Luxembourg 2 SCA     6.71  4/15/2019    EUR     49.67
Europlan PJSC             12.50  3/26/2019    RUB     60.80
UniCredit Bank AO         12.35  9/16/2020    RUB     63.06
Lehman Brothers Treasur    8.00  3/19/2012    USD      0.75
LBI HF                     7.43               USD      0.00
Cerruti Finance SA         6.50  7/26/2004    EUR      1.19
Lehman Brothers Treasur    8.25   2/3/2016    EUR      0.75
International Finance F    0.50  6/29/2020    ZAR     71.84
Province of Treviso Ita    0.05 12/31/2034    EUR     68.17
Lehman Brothers Treasur    5.00  3/18/2015    EUR     11.88
Agrokompleks OOO           0.10  7/29/2019    RUB     32.47
MirLand Development Cor    6.50  9/30/2019    ILS     22.00
Credit Suisse AG/London    1.64   6/1/2042    USD     52.65
Lehman Brothers Treasur    4.10  8/23/2010    USD      0.75
Exane Finance              2.70  9/26/2016    USD     38.80
Lehman Brothers Treasur    6.25 11/30/2012    EUR      0.75
Lehman Brothers Treasur    6.00  2/19/2023    USD      0.75
Leonteq Securities AG/G    5.99  9/11/2017    EUR     55.65
Credit Suisse AG/London    3.00 11/15/2025    ZAR     57.16
Sidetur Finance BV        10.00  4/20/2016    USD      5.25
Emova Group                4.30   5/2/2022    EUR      6.60
Atari SA                   0.10   4/1/2020    EUR      4.15
Bank VTB 24 JSC            3.00   9/1/2044    RUB     60.03
Immigon Portfolioabbau     4.20  2/22/2033    EUR     51.50
UniCredit Bank AG          4.30 10/17/2018    EUR     49.03
Lehman Brothers Treasur    2.00  6/28/2011    EUR      0.75
Lehman Brothers Treasur   10.00 10/23/2008    USD      0.75
Kaupthing ehf              9.75  9/10/2015    USD     17.63
KIT Finance Capital OOO   10.00 10/26/2016    RUB     60.15
UniCredit Bank AG          8.00  11/7/2016    EUR     44.53
Lehman Brothers Treasur   15.00  3/30/2011    EUR      0.75
Lehman Brothers Treasur    3.50  9/19/2017    EUR      0.75
Banco BPI SA/Cayman Isl    4.15 11/14/2035    EUR     74.50
Landesbank Baden-Wuertt    3.50  8/25/2017    EUR     69.73
HSBC Bank PLC              0.50  1/29/2027    NZD     68.71
Leonteq Securities AG     11.00  10/5/2016    CHF     58.50
UniCredit Bank AG          5.00  9/30/2016    EUR     37.36
UniCredit Bank AG          0.48 11/19/2029    EUR     69.63
Podkarpacki Bank Spoldz    5.74 10/24/2024    PLN
Nuova Banca delle March    7.75  6/30/2018    EUR      1.24
Bank MIA OAO              11.75  11/6/2016    RUB     60.26
Lehman Brothers Treasur    5.10  6/22/2046    EUR      0.75
Bank J Safra Sarasin AG    8.00   5/4/2017    CHF     70.59
Lehman Brothers Treasur    5.00 10/24/2008    CHF      0.75
Bank Julius Baer & Co L    9.00 10/24/2016    CHF     56.35
Immigon Portfolioabbau     0.70  5/20/2025    EUR     55.50
Neftyanoi Alyans OOO      15.00  6/15/2026    RUB     60.03
Espirito Santo Financia    5.63  7/28/2017    EUR      0.02
Cooperatieve Rabobank U    0.50  8/21/2028    MXN     41.45
A-TEC Industries AG        2.75  5/10/2014    EUR      2.00
Bank Nederlandse Gemeen    0.50   6/7/2022    ZAR     60.77
Immigon Portfolioabbau     4.21  1/25/2033    EUR     51.63
Credit Suisse AG/Nassau    7.50 11/28/2016    EUR     72.82
ECA                        2.50   1/1/2018    EUR     11.21
Leonteq Securities AG     14.40 10/31/2016    CHF     34.90
Agentstvo po Ipotechnom   10.30  7/15/2023    RUB     61.16
hkw personalkonzepte Gm    8.25 11/15/2016    EUR      3.80
Bank VTB 24 JSC            3.00  9/18/2046    RUB     60.06
Province of Brescia Ita    0.14  6/30/2036    EUR     65.35
UBS AG/London             12.00  11/4/2016    CHF     23.59
Bank Julius Baer & Co L    5.50  11/6/2017    CHF     56.50
Petromena ASA              9.75  5/24/2016    NOK      0.52
UniCredit Bank Austria     0.20  1/22/2031    EUR     66.38
Gold-Zack AG               7.00 12/14/2005    EUR     12.56
Raiffeisen-Landesbank T    2.50   9/2/2024    EUR     70.18
Otkritie Holding JSC      12.50  4/20/2028    RUB     60.11
UniCredit Bank AG          3.95  10/7/2019    EUR     67.67
Credit Suisse AG/London    7.25  9/26/2016    CHF     73.32
Lehman Brothers Treasur    7.50  7/31/2013    GBP      0.75
Landesbank Baden-Wuertt    3.50  8/25/2017    EUR     67.22
HSBC Bank PLC              0.50  2/24/2027    NZD     68.91
Municipality Finance PL    0.50  4/26/2022    ZAR     60.84
Lehman Brothers Treasur    9.75  6/22/2018    USD      0.75
Raiffeisen Centrobank A    7.25  9/26/2016    EUR     51.51
Lehman Brothers Treasur    7.60  5/21/2013    USD      0.75
Kommunalbanken AS          0.50 12/16/2020    TRY     72.99
Zurcher Kantonalbank Fi    1.01 12/16/2016    CHF     51.25
Exane Finance              5.00 12/20/2019    SEK     59.27
Lehman Brothers Treasur   11.00  6/29/2009    EUR      0.75
ECM Real Estate Investm    5.00  10/9/2011    EUR     10.38
Lehman Brothers Treasur   14.90  9/15/2008    EUR      0.75
UniCredit Bank Austria     0.09  1/24/2031    EUR     65.88
Immigon Portfolioabbau     4.78   6/7/2030    EUR     59.88
Svensk Exportkredit AB     0.50  8/29/2029    AUD     63.67
GRAND TOYS                17.00  3/26/2018    RUB      3.02
EDOB Abwicklungs AG        7.50   4/1/2012    EUR      0.25
Lehman Brothers Treasur    4.20  12/3/2008    HKD      9.63
URALSIB Leasing Co OOO     9.00 12/12/2016    RUB      0.01
Lillestrom Sparebank       4.48               NOK     59.60
Leonteq Securities AG      9.00 10/24/2016    EUR     68.57
Leonteq Securities AG      9.40 10/24/2016    EUR     61.21
Bank Julius Baer & Co L    6.50  10/7/2016    CHF     73.60
URALSIB Leasing Co OOO    11.50   2/6/2018    RUB      0.01
Societe Generale SA        0.50   4/3/2023    RUB     58.72
UniCredit Bank AG          4.00 10/14/2019    EUR     64.36
UniCredit Bank AG          4.55 10/28/2016    EUR     61.33
Credit Suisse AG/Nassau    5.25  5/14/2018    CHF     56.88
Notenstein La Roche Pri    3.50  9/26/2018    CHF     65.27
UniCredit Bank AG          3.75  10/2/2020    EUR     51.29
SAir Group                 5.50  7/23/2003    CHF     12.13
Svensk Exportkredit AB     0.50  8/25/2021    ZAR     66.22
Vontobel Financial Prod    3.00  6/13/2017    EUR     37.65
Bank Julius Baer & Co L   10.40 10/24/2016    CHF     69.85
Bank Julius Baer & Co L    9.40 11/10/2016    CHF     30.60
Credit Suisse AG/Nassau    6.00  10/3/2016    EUR     48.36
Lehman Brothers Treasur    6.00 10/24/2008    EUR      0.75
Lehman Brothers Treasur    4.60   7/6/2016    EUR      0.92
Lehman Brothers Treasur    0.25 10/19/2012    CHF      0.75
Anglian Water Services     0.94  1/26/2057    GBP     72.61
LZMO SA                    8.75 11/22/2016    PLN     17.00
MirLand Development Cor    8.50 11/30/2016    ILS     22.41
Agentstvo po Ipotechnom   10.90  11/1/2022    RUB     61.16
Lehman Brothers Treasur    6.00  3/14/2011    EUR     11.88
Credit Agricole Corpora    2.00   7/9/2020    BRL     67.19
Bank VTB 24 JSC            3.00  8/14/2043    RUB     60.06
UniCredit Bank AG          4.10  10/1/2020    EUR     62.13
Absolut Bank PAO           9.35  4/29/2020    RUB     60.06
LZMO SA                    8.50  6/30/2017    PLN
Credit Suisse AG/Nassau    7.00  3/22/2017    CHF     54.76
UniCredit Bank AG          4.60  6/30/2017    EUR     37.54
Rosbank PJSC               0.01  2/26/2024    RUB     60.06
Leonteq Securities AG      6.75  12/5/2016    CHF     58.05
Credit Suisse AG/London    8.00 11/29/2019    USD      6.93
Delta Credit Bank JSC     12.50  9/30/2025    RUB     60.03
UniCredit Bank AG          4.00  3/21/2017    EUR     60.54
UniCredit Bank AG          4.40  9/19/2018    EUR     49.48
Lehman Brothers Treasur    0.50 12/20/2017    AUD      0.75
Lehman Brothers Treasur    6.30 12/21/2018    USD      0.42
Lehman Brothers Treasur   11.00  2/16/2009    CHF      0.75
Lehman Brothers Treasur   11.75   3/1/2010    EUR      0.75
Lehman Brothers Treasur    4.00  3/10/2011    EUR      0.75
Bank Julius Baer & Co L    9.50 12/16/2016    CHF     63.35
Lehman Brothers Treasur    8.00  2/16/2016    EUR      0.75
Lehman Brothers Treasur   10.44 11/22/2008    CHF      0.75
Lehman Brothers Treasur    5.00 11/22/2012    EUR      0.75
DekaBank Deutsche Giroz    3.00   5/4/2018    EUR     57.34
Credit Suisse AG           0.50 12/16/2025    BRL     40.13
Municipality Finance PL    0.50 12/15/2020    BRL     67.14
Rosbank PJSC               0.01  4/30/2024    RUB     60.06
AKB Peresvet ZAO          13.25  11/6/2020    RUB     60.11
SpareBank 1 Nordvest       3.88  3/11/2099    NOK     60.04
DZ Bank AG Deutsche Zen    6.60 12/23/2016    EUR     74.56
SAir Group                 2.75  7/30/2004    CHF     12.13
Transgazservice LLP       10.50  11/8/2019    RUB     10.00
Promnefteservis OOO       10.50 11/21/2019    RUB      0.50
Credit Suisse AG/London    0.50   1/8/2026    BRL     38.95
UniCredit Bank AG          3.75   9/7/2020    EUR     53.34
UniCredit Bank AG          4.60   7/2/2018    EUR     43.14
UBS AG                     8.30  12/8/2016    USD      5.75
Melhus Sparebank           2.70  9/16/2024    NOK     68.96
Nuova Banca delle March    7.20  6/30/2018    EUR      1.24
Nuova Banca delle March    8.00  6/30/2018    EUR      1.24
Zurcher Kantonalbank Fi    0.50   6/9/2017    CHF     71.25
Leonteq Securities AG      3.50  4/10/2018    EUR     50.48
Credit Suisse AG/London    6.50  11/8/2016    CHF     72.10
UniCredit Bank AG          5.00  7/30/2018    EUR     51.12
HSBC Trinkaus & Burkhar    4.00  5/29/2017    EUR     65.69
Sparebanken Din            2.28               NOK     71.18
Lehman Brothers Treasur    4.00  7/20/2012    EUR      0.75
Lehman Brothers Treasur    4.69  2/19/2017    EUR      0.75
Raiffeisen Versicherung    5.08               EUR     24.35
KFW                        0.25  10/6/2036    CAD     39.13
Zapsibcombank PAO         14.85 12/12/2019    RUB     70.00
Zurcher Kantonalbank Fi   11.25  4/26/2017    CHF     67.71
Lehman Brothers Treasur    3.00  6/23/2009    EUR     11.88
Lehman Brothers Treasur    5.00   8/1/2025    EUR      0.75
Bank VTB 24 JSC            3.00  9/15/2044    RUB     60.03
Lehman Brothers Treasur   11.00 12/19/2011    USD      0.75
Totens Sparebank           2.68               NOK     73.38
Delta Credit Bank JSC     10.55   6/5/2024    RUB     60.03
UniCredit Bank AG          5.40  8/25/2018    EUR     70.29
Polbrand sp zoo            9.00  10/2/2017    PLN     20.00
Credit Suisse AG/Nassau    7.25   3/8/2017    CHF     56.40
Notenstein La Roche Pri    6.80 11/28/2016    CHF     74.96
Leonteq Securities AG     16.20 11/21/2016    CHF     46.57
UniCredit Bank AG          3.80  7/23/2020    EUR     51.53
Leonteq Securities AG     12.00  11/7/2016    CHF     44.26
MT-Energie GmbH & Co KG    8.25   4/4/2017    EUR      9.17
Lehman Brothers Treasur    2.40  6/20/2011    JPY      0.75
United Confectioners Fi   10.50   4/3/2023    RUB     64.07
Barclays Bank PLC          0.50  3/26/2021    MXN     71.54
Nota-Bank OJSC            13.50   4/1/2016    RUB     31.50
Lehman Brothers Treasur    5.50  4/23/2014    EUR      0.75
Lehman Brothers Treasur   13.43   1/8/2009    ILS      0.75
Lehman Brothers Treasur   16.00 10/28/2008    USD      0.75
Notenstein La Roche Pri    4.00  9/26/2018    CHF     69.46
Nuova Banca Popolare de    2.20  5/21/2018    EUR      0.81
Rosbank PJSC               0.03  4/30/2024    RUB     60.06
Deutsche Bank AG           5.20  6/20/2017    EUR     60.30
Landesbank Hessen-Thuer    5.00 10/17/2017    EUR     44.78
Polski Bank Spoldzielcz    4.77  6/22/2021    PLN     51.00
HSBC Bank PLC              0.50 10/30/2026    NZD     69.50
HSBC Bank PLC              0.50  12/8/2026    AUD     71.72
Leonteq Securities AG      9.40 10/24/2016    EUR     61.56
Landesbank Hessen-Thuer    6.30 10/17/2016    EUR     34.20
Bayerische Landesbank      3.20  7/27/2018    EUR     50.10
EFG International Finan    7.19   5/6/2019    EUR     32.95
Raiffeisen Centrobank A    2.40 12/19/2016    EUR
Fondovye Strategicheski    1.50  10/5/2020    RUB     60.01
Lehman Brothers Treasur    7.50   5/2/2017    EUR      0.75
Commerzbank AG             4.00   9/8/2017    EUR     64.84
iMoneyBank KB OOO          0.10 10/27/2016    RUB     58.00
Polski Bank Spoldzielcz    5.29  9/14/2027    PLN     54.00
Commerzbank AG             8.00  7/14/2021    USD     10.77
Provinsor Fastigheter A    8.50  6/30/2020    DKK      0.10
Immigon Portfolioabbau     0.98   3/1/2022    EUR     65.50
IT Holding Finance SA      9.88 11/15/2012    EUR      0.23
City of Siret Romania      2.24   3/1/2028    RON     55.00
Municipality Finance PL    0.25  6/28/2040    CAD     29.86
Commerzbank AG             1.00 11/28/2016    EUR     24.85
Nutritek International     8.75 12/11/2008    USD      2.00
Landesbank Hessen-Thuer    4.50 12/14/2016    EUR     63.50
Landesbank Hessen-Thuer    5.00 10/24/2016    EUR     60.30
Credit Suisse AG/Nassau    5.50   8/3/2017    EUR     65.57
Municipality Finance PL    0.50  5/31/2022    ZAR     60.16
Svensk Exportkredit AB     0.50  3/15/2022    ZAR     61.51
Deutsche Bank AG/London    0.50  4/18/2019    BRL     74.48
Fargo Finance OOO          9.00   2/6/2019    RUB      0.01
Credit Suisse AG/Nassau    6.00 11/17/2016    CHF     60.79
National Capital JSC       9.25  4/22/2019    RUB     60.03
National Capital JSC       9.25  4/22/2019    RUB     60.03
Lehman Brothers Treasur   16.80  8/21/2009    USD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    AUD      9.63
Lehman Brothers Treasur    7.50  2/14/2010    AUD      0.75
Kaupthing ehf              7.63  2/28/2015    USD     17.63
UniCredit Bank AG          4.25  9/12/2017    EUR     55.99
Lehman Brothers Treasur   11.00   5/9/2020    USD      0.75
HSBC Bank PLC              0.50 11/25/2025    BRL     46.79
DZ Bank AG Deutsche Zen    8.40  3/20/2017    EUR     68.91
Torgovyi Dom Spartak-Ka   14.00   5/2/2017    RUB     67.96
Deutsche Bank AG           7.20  3/21/2017    EUR     73.90
Deutsche Bank AG           7.20  6/20/2017    EUR     71.00
Bank J Safra Sarasin AG    9.60 10/17/2016    CHF     68.29
BNP Paribas Emissions-    26.00 12/21/2017    EUR     73.60
BNP Paribas Emissions-    13.00  6/22/2017    EUR     74.22
BNP Paribas Emissions-    19.00 12/21/2017    EUR     72.03
BNP Paribas Emissions-    29.00  6/22/2017    EUR     72.46
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     46.54
Russian Bank for Small     9.75  8/11/2022    RUB     60.03
HSBC Bank PLC              0.50  1/31/2020    BRL     71.72
Barclays Bank PLC          0.11 12/28/2040    EUR     66.82
Lehman Brothers Treasur    4.05  9/16/2008    EUR      0.75
Province of Brescia Ita    0.25 12/22/2036    EUR     64.51
HSBC Bank PLC              0.50  7/21/2021    BRL     72.96
Deutsche Bank AG           7.50 12/20/2016    EUR     53.83
DekaBank Deutsche Giroz    3.00  5/12/2017    EUR     41.26
Landesbank Baden-Wuertt    4.50  8/25/2017    EUR     68.18
EFG International Finan    7.20  7/29/2020    EUR     66.20
Societe Generale Effekt    4.00  6/26/2017    EUR     48.16
Landesbank Baden-Wuertt    3.15 10/28/2016    EUR     50.52
DZ Bank AG Deutsche Zen    3.50  9/30/2016    EUR     58.87
Landesbank Baden-Wuertt    3.20 11/25/2016    EUR     72.21
Zurcher Kantonalbank Fi    5.25  11/1/2016    CHF     34.68
Notenstein La Roche Pri    7.40 10/31/2016    CHF     24.45
Landesbank Baden-Wuertt    3.30 12/23/2016    EUR     73.43
Landesbank Baden-Wuertt    3.25 12/22/2017    EUR     49.68
Landesbank Baden-Wuertt    3.50 12/23/2016    EUR     70.90
UniCredit Bank AG          4.00  6/26/2018    EUR     43.23
Landesbank Hessen-Thuer    4.00  1/16/2018    EUR     39.89
EFG International Finan    6.48  5/29/2018    EUR      8.85
Barclays Bank PLC          4.17   1/5/2017    EUR
Barclays Bank PLC          4.17   1/5/2017    EUR     16.92
Landesbank Baden-Wuertt    3.25  6/23/2017    EUR     68.93
Landesbank Baden-Wuertt    3.00  2/23/2018    EUR     46.34
Barclays Bank PLC          0.50  1/28/2033    MXN     27.39
Barclays Bank PLC          0.50  3/13/2023    RUB     58.97
HSBC Bank PLC              0.50  4/11/2023    MXN     62.92
Societe Generale SA        0.50  4/30/2023    RUB     58.14
Banca delle Marche SpA     6.00  6/12/2018    EUR      1.00
Lehman Brothers Treasur    7.25  6/20/2010    USD      0.75
Lehman Brothers Treasur    7.00  9/20/2011    USD      0.75
Notenstein La Roche Pri    6.00  7/11/2017    CHF     63.71
Leonteq Securities AG      8.00   1/4/2017    CHF     73.39
Credit Suisse AG/Nassau    7.25  7/13/2017    CHF     63.70
Polyus Perspectiva OOO    11.00 12/15/2020    RUB     70.63
Landesbank Baden-Wuertt    2.00  6/23/2017    EUR     70.54
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     63.14
Vontobel Financial Prod   10.85 12/23/2016    EUR     71.34
Commerzbank AG            15.50 12/22/2016    EUR     71.73
Commerzbank AG             9.75 12/22/2016    EUR     69.24
Commerzbank AG             8.75 12/22/2016    EUR     48.89
Commerzbank AG            12.50 12/22/2016    EUR     45.09
DZ Bank AG Deutsche Zen    8.00 12/19/2016    EUR     66.52
DZ Bank AG Deutsche Zen    8.00  3/20/2017    EUR     68.47
Leonteq Securities AG     11.00  1/19/2017    CHF     71.30
Vontobel Financial Prod    7.70 12/23/2016    EUR     53.26
DZ Bank AG Deutsche Zen    9.25  1/27/2017    EUR     73.96
DZ Bank AG Deutsche Zen    5.75  1/27/2017    EUR     73.98
DZ Bank AG Deutsche Zen   10.00 12/23/2016    EUR     52.20
DZ Bank AG Deutsche Zen    5.00  1/27/2017    EUR     57.15
DZ Bank AG Deutsche Zen    8.50  1/27/2017    EUR     52.66
Lehman Brothers Treasur    1.50   2/8/2012    CHF      0.75
Societe Generale SA        0.50   4/4/2024    MXN     58.23
UBS AG/London             10.25 12/23/2016    EUR     69.18
UBS AG/London             21.75 12/23/2016    EUR     69.91
Credit Suisse AG/Nassau    5.24 11/28/2016    CHF     60.83
Notenstein La Roche Pri    8.80  12/5/2016    CHF     66.08
Goldman Sachs Internati    1.00  12/5/2017    SEK     11.94
Leonteq Securities AG      3.90 12/20/2024    CHF     74.99
Leonteq Securities AG/G    5.00 12/12/2016    CHF     59.67
Notenstein La Roche Pri    7.30 12/12/2016    CHF     59.91
UniCredit Bank AG          4.48 12/23/2016    EUR     73.76
Leonteq Securities AG      7.80 12/19/2016    CHF     61.99
Notenstein La Roche Pri    5.50 12/28/2018    CHF     66.24
Notenstein La Roche Pri    8.00 12/29/2016    EUR     67.80
Deutsche Bank AG           8.20 12/20/2016    EUR     55.10
Deutsche Bank AG           8.20 12/20/2016    EUR     56.60
Deutsche Bank AG           8.20 12/20/2016    EUR     47.50
Notenstein La Roche Pri    5.00  1/14/2019    CHF     63.68
Notenstein La Roche Pri    8.50  1/16/2017    EUR     57.79
Commerzbank AG             5.00 12/22/2016    EUR     53.65
Commerzbank AG             6.00 12/22/2016    EUR     51.13
Commerzbank AG             7.00 12/22/2016    EUR     48.86
Commerzbank AG             5.50 12/22/2016    EUR     63.01
Commerzbank AG             7.25 12/22/2016    EUR     58.47
Commerzbank AG             6.00 12/22/2016    EUR     69.79
Commerzbank AG             7.00 12/22/2016    EUR     66.43
Commerzbank AG             8.00 12/22/2016    EUR     63.45
Commerzbank AG             5.25 12/22/2016    EUR     72.66
Commerzbank AG             6.50 12/22/2016    EUR     69.40
Commerzbank AG             6.75 12/22/2016    EUR     72.72
DZ Bank AG Deutsche Zen    5.60  3/30/2017    EUR     49.21
Bank Julius Baer & Co L    5.20  9/25/2017    EUR     63.10
Notenstein La Roche Pri    8.00  10/3/2016    CHF     66.01
Notenstein La Roche Pri    7.50  10/3/2016    CHF     63.19
Notenstein La Roche Pri    7.00  10/3/2016    EUR     74.72
Credit Suisse AG/Nassau    6.25  10/6/2016    CHF     60.49
Bank Julius Baer & Co L    4.75 10/10/2016    CHF     58.70
Notenstein La Roche Pri    7.00 10/10/2016    CHF     65.61
Credit Suisse AG/Nassau    6.25 10/14/2016    CHF     61.43
Notenstein La Roche Pri    6.00 10/17/2016    CHF     65.94
Zurcher Kantonalbank Fi    6.25 10/14/2016    CHF     67.59
Notenstein La Roche Pri    6.20 10/24/2016    CHF     65.91
Leonteq Securities AG      8.45  11/7/2016    CHF     39.53
Leonteq Securities AG      5.20  11/7/2016    CHF     54.05
Leonteq Securities AG/G    6.00 10/31/2018    CHF     74.51
Notenstein La Roche Pri    5.00 10/31/2018    CHF     66.50
Notenstein La Roche Pri    4.50 10/31/2018    CHF     61.78
Notenstein Finance Guer    7.30 10/28/2016    CHF     64.62
DekaBank Deutsche Giroz    4.00 10/21/2016    EUR     70.68
Leonteq Securities AG      3.00  9/19/2019    CHF     41.55
DekaBank Deutsche Giroz    8.50 10/27/2016    EUR     52.68
DekaBank Deutsche Giroz    7.15 10/27/2017    EUR     56.13
Notenstein La Roche Pri    7.50  11/7/2016    EUR     73.34
DekaBank Deutsche Giroz    3.50 10/28/2016    EUR     61.46
UBS AG/London              9.00 12/23/2016    EUR     65.67
Notenstein La Roche Pri    5.30 11/14/2018    CHF     74.52
Notenstein La Roche Pri    6.00 11/14/2016    CHF     72.81
Notenstein La Roche Pri    4.80 11/14/2018    CHF     69.99
Leonteq Securities AG/G    5.00 11/14/2016    CHF     62.12
Notenstein La Roche Pri    3.00  9/22/2020    CHF     52.48
Vontobel Financial Prod    5.00 11/21/2016    EUR     70.32
DekaBank Deutsche Giroz    3.00  5/15/2018    EUR     69.18
Notenstein La Roche Pri    2.70  9/22/2026    CHF     70.62
UniCredit Bank AG          3.50  1/29/2020    EUR     56.54
UniCredit Bank AG          3.50 12/19/2019    EUR     59.42
Credit Suisse AG/Nassau    6.00 11/28/2016    CHF     58.27
UniCredit Bank AG          3.79 12/19/2016    EUR     59.16
UBS AG/London              9.00 12/23/2016    EUR     72.36
UBS AG/London             16.75 12/23/2016    EUR     67.71
UBS AG/London             15.50 12/23/2016    EUR     69.39
UBS AG/London             14.00 12/23/2016    EUR     74.04
UBS AG/London             15.00 12/23/2016    EUR     72.23
UBS AG/London             14.50 12/23/2016    EUR     71.65
UBS AG/London             17.75 12/23/2016    EUR     68.64
UBS AG/London             22.00 12/23/2016    EUR     69.14
UBS AG/London             13.75 12/23/2016    EUR     74.17
UBS AG/London             16.50 12/23/2016    EUR     57.47
UBS AG/London             15.75 12/23/2016    EUR     70.09
EFG International Finan    7.00 11/27/2019    EUR     38.39
Notenstein La Roche Pri    7.00  12/5/2016    EUR     67.28
Leonteq Securities AG/G   12.80 12/12/2016    USD     61.17
Notenstein La Roche Pri    8.00 12/12/2016    CHF     62.38
Credit Suisse AG/Nassau    6.00 12/12/2016    CHF     59.72
DekaBank Deutsche Giroz    2.50  12/1/2017    EUR     69.62
Notenstein La Roche Pri    8.20 12/19/2016    EUR     69.23
Deutsche Bank AG           8.20 12/20/2016    EUR     57.40
Deutsche Bank AG           8.20 12/20/2016    EUR     67.80
Landesbank Hessen-Thuer    4.00   2/6/2019    EUR     71.09
Notenstein La Roche Pri    7.00  1/16/2017    CHF     65.98
Notenstein La Roche Pri    5.50  1/14/2019    CHF     67.63
DekaBank Deutsche Giroz    3.00 12/17/2018    EUR     60.75
Commerzbank AG             6.25 12/22/2016    EUR     61.21
Commerzbank AG             5.00 12/22/2016    EUR     73.50
Vontobel Financial Prod    5.00  2/13/2017    EUR     56.91
DekaBank Deutsche Giroz    2.50 12/16/2016    EUR     46.32
DZ Bank AG Deutsche Zen    5.00   2/6/2018    EUR     64.72
DekaBank Deutsche Giroz    3.20  1/14/2019    EUR     74.32
Goldman Sachs & Co Wert   14.00 10/26/2016    EUR     71.42
Goldman Sachs & Co Wert   18.00 10/26/2016    EUR     66.72
Goldman Sachs & Co Wert    8.00 10/26/2016    EUR     70.70
Goldman Sachs & Co Wert    9.00 10/26/2016    EUR     70.78
Goldman Sachs & Co Wert   12.00 10/26/2016    EUR     64.02
Goldman Sachs & Co Wert   16.00 10/26/2016    EUR     58.61
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     54.23
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     71.85
Goldman Sachs & Co Wert   19.00 12/21/2016    EUR     57.04
Goldman Sachs & Co Wert    8.00  3/22/2017    EUR     73.54
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     67.88
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     68.94
Goldman Sachs & Co Wert    7.00  9/20/2017    EUR     74.42
Goldman Sachs & Co Wert    5.00 10/26/2016    EUR     60.08
Goldman Sachs & Co Wert    7.00 10/26/2016    EUR     52.11
Goldman Sachs & Co Wert   10.00 10/26/2016    EUR     48.06
Goldman Sachs & Co Wert   15.00 10/26/2016    EUR     41.71
Goldman Sachs & Co Wert   19.00 10/26/2016    EUR     39.33
Goldman Sachs & Co Wert    7.00 12/21/2016    EUR     53.20
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     51.19
Goldman Sachs & Co Wert    9.00 12/21/2016    EUR     49.38
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     42.64
Goldman Sachs & Co Wert   17.00 12/21/2016    EUR     41.81
Goldman Sachs & Co Wert   15.00  3/22/2017    EUR     45.18
Goldman Sachs & Co Wert    4.00  9/20/2017    EUR     65.80
Goldman Sachs & Co Wert    4.00  9/20/2017    EUR     62.90
Goldman Sachs & Co Wert    5.00  9/20/2017    EUR     61.19
Goldman Sachs & Co Wert    6.00  9/20/2017    EUR     57.34
Goldman Sachs & Co Wert    8.00  9/20/2017    EUR     55.17
Goldman Sachs & Co Wert   12.00  9/20/2017    EUR     51.11
Goldman Sachs & Co Wert   20.00 12/21/2016    EUR     74.07
Goldman Sachs & Co Wert   17.00  3/22/2017    EUR     69.96
Goldman Sachs & Co Wert   14.00  9/20/2017    EUR     74.05
UBS AG                     7.00  12/9/2016    EUR     67.83
Vontobel Financial Prod    8.50 12/23/2016    EUR     61.65
Vontobel Financial Prod   14.00 12/23/2016    EUR     53.08
Norddeutsche Landesbank    5.00  10/6/2016    EUR     57.49
Credit Suisse AG/Nassau    9.25  9/26/2016    EUR     70.68
Vontobel Financial Prod    5.50 12/23/2016    EUR     52.87
Credit Suisse AG/Nassau    6.25  9/26/2016    CHF     67.30
DZ Bank AG Deutsche Zen    7.50 12/19/2016    EUR     62.79
DZ Bank AG Deutsche Zen    8.00 12/19/2016    EUR     62.90
Vontobel Financial Prod    7.00 12/23/2016    EUR     72.87
Vontobel Financial Prod   13.00 10/28/2016    EUR     68.00
Bayerische Landesbank      3.50 10/14/2016    EUR     63.98
Bank Julius Baer & Co L    8.45  9/26/2016    EUR     66.60
Vontobel Financial Prod    9.70 10/28/2016    EUR     70.75
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     37.13
Goldman Sachs & Co Wert    6.00 10/26/2016    EUR     54.48
Goldman Sachs & Co Wert   16.00  3/22/2017    EUR     43.31
Goldman Sachs & Co Wert   13.00 12/21/2016    EUR     73.35
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     71.85
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     60.87
Goldman Sachs & Co Wert   13.00  3/22/2017    EUR     63.72
Goldman Sachs & Co Wert   16.00  3/22/2017    EUR     60.44
Goldman Sachs & Co Wert    7.00  6/21/2017    EUR     72.98
Goldman Sachs & Co Wert    8.00  6/21/2017    EUR     73.72
Goldman Sachs & Co Wert   15.00  6/21/2017    EUR     62.65
Goldman Sachs & Co Wert    7.00  9/20/2017    EUR     74.42
Goldman Sachs & Co Wert    9.00  9/20/2017    EUR     70.43
Goldman Sachs & Co Wert   14.00  9/20/2017    EUR     65.63
Goldman Sachs & Co Wert    3.00 10/26/2016    EUR     66.93
Goldman Sachs & Co Wert    4.00 10/26/2016    EUR     63.31
Goldman Sachs & Co Wert    5.00 10/26/2016    EUR     57.10
Goldman Sachs & Co Wert    8.00 10/26/2016    EUR     49.95
Goldman Sachs & Co Wert    8.00  3/22/2017    EUR     51.22
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     48.57
Goldman Sachs & Co Wert    8.00  6/21/2017    EUR     53.20
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     51.08
Goldman Sachs & Co Wert   14.00  6/21/2017    EUR     48.24
Goldman Sachs & Co Wert    3.00  9/20/2017    EUR     67.89
Goldman Sachs & Co Wert    3.00  9/20/2017    EUR     74.47
Goldman Sachs & Co Wert    7.00  9/20/2017    EUR     56.18
Goldman Sachs & Co Wert   10.00  9/20/2017    EUR     52.00
Goldman Sachs & Co Wert   12.00  9/20/2017    EUR     49.82
Goldman Sachs & Co Wert   22.00 10/26/2016    EUR     71.20
Goldman Sachs & Co Wert   15.00 10/26/2016    EUR     67.40
Goldman Sachs & Co Wert   18.00 10/26/2016    EUR     64.15
Vontobel Financial Prod   12.00 12/23/2016    EUR     55.50
Vontobel Financial Prod    9.00 12/23/2016    EUR     74.22
DZ Bank AG Deutsche Zen    6.75 12/23/2016    EUR     50.29
DZ Bank AG Deutsche Zen    7.75 12/23/2016    EUR     60.80
Vontobel Financial Prod    6.00 12/23/2016    EUR     65.28
DZ Bank AG Deutsche Zen    7.50 12/19/2016    EUR     74.71
DZ Bank AG Deutsche Zen    6.00 12/19/2016    EUR     69.92
DZ Bank AG Deutsche Zen    8.10 12/19/2016    EUR     46.77
Landesbank Baden-Wuertt    6.30 10/28/2016    EUR     58.34
Vontobel Financial Prod   11.15 10/28/2016    EUR     67.81
Goldman Sachs & Co Wert   10.00 12/21/2016    EUR     65.40
DZ Bank AG Deutsche Zen    4.00 12/23/2016    EUR     56.39
Bank Julius Baer & Co L   10.85  9/30/2016    EUR     46.35
Vontobel Financial Prod   17.00 12/23/2016    EUR     69.03
DZ Bank AG Deutsche Zen    5.40 12/19/2016    EUR     52.29
DekaBank Deutsche Giroz    4.50 12/30/2016    EUR     73.86
DekaBank Deutsche Giroz   10.20 10/10/2016    EUR     74.72
DZ Bank AG Deutsche Zen    5.25 10/28/2016    EUR     72.20
DZ Bank AG Deutsche Zen    9.50 10/28/2016    EUR     44.94
DZ Bank AG Deutsche Zen    7.75 12/23/2016    EUR     45.98
HSBC Trinkaus & Burkhar   10.20  3/24/2017    EUR     64.95
HSBC Trinkaus & Burkhar   10.50  3/24/2017    EUR     47.24
HSBC Trinkaus & Burkhar    9.40  3/24/2017    EUR     48.32
HSBC Trinkaus & Burkhar    7.30  3/24/2017    EUR     50.92
DekaBank Deutsche Giroz    2.75  6/24/2019    EUR     63.12
Credit Suisse AG/London    7.00  9/30/2020    USD     10.00
Landesbank Baden-Wuertt    3.10 10/25/2019    EUR     62.92
Vontobel Financial Prod   14.50 12/23/2016    EUR     71.12
DZ Bank AG Deutsche Zen    8.40 12/19/2016    EUR     68.19
Vontobel Financial Prod    3.00 12/23/2016    EUR     63.63
UBS AG/London              7.50 10/28/2016    EUR     43.05
Leonteq Securities AG     11.00  9/28/2016    CHF     70.55
Leonteq Securities AG     10.00  9/28/2016    CHF     54.91
Vontobel Financial Prod    6.00 12/23/2016    EUR     46.67
Deutsche Bank AG           3.20 12/20/2016    EUR     74.50
Deutsche Bank AG           3.20 12/20/2016    EUR     70.50
Deutsche Bank AG           3.20 12/20/2016    EUR     66.90
Deutsche Bank AG           3.20 12/20/2016    EUR     62.30
Deutsche Bank AG           3.20 12/20/2016    EUR     60.30
Deutsche Bank AG           3.20 12/20/2016    EUR     56.60
Notenstein La Roche Pri    6.40  9/25/2017    EUR     70.35
Deutsche Bank AG           3.20 12/20/2016    EUR     54.90
Deutsche Bank AG           3.20 12/20/2016    EUR     52.50
Deutsche Bank AG           3.20 12/20/2016    EUR     50.20
Deutsche Bank AG           3.20 12/20/2016    EUR     74.80
Deutsche Bank AG           4.20 12/20/2016    EUR     70.70
Deutsche Bank AG           4.20 12/20/2016    EUR     67.10
Deutsche Bank AG           4.20 12/20/2016    EUR     50.50
Deutsche Bank AG           4.20 12/20/2016    EUR     48.40
Deutsche Bank AG           4.20 10/26/2016    EUR     70.20
Deutsche Bank AG           4.20 10/26/2016    EUR     66.50
Deutsche Bank AG           4.20 10/26/2016    EUR     49.80
Deutsche Bank AG           4.20 10/26/2016    EUR     47.80
Deutsche Bank AG           4.20 11/22/2017    EUR     54.00
Deutsche Bank AG           4.20 10/26/2016    EUR     56.20
Deutsche Bank AG           3.20 10/26/2016    EUR     74.20
Deutsche Bank AG           3.20 10/26/2016    EUR     52.00
Deutsche Bank AG           3.20 10/26/2016    EUR     49.70
Deutsche Bank AG           3.20 10/26/2016    EUR     61.90
Deutsche Bank AG           3.20 10/26/2016    EUR     59.90
Deutsche Bank AG           3.20 10/26/2016    EUR     56.10
DZ Bank AG Deutsche Zen    5.70 12/19/2016    EUR     71.52
DZ Bank AG Deutsche Zen    7.00 12/23/2016    EUR     74.68
National Capital JSC      10.50  9/15/2020    RUB     60.03
Vontobel Financial Prod    8.65 10/28/2016    EUR     68.82
HSBC Trinkaus & Burkhar    6.70 10/28/2016    EUR     52.26
Deutsche Bank AG           8.20 12/20/2016    EUR     64.80
Deutsche Bank AG           9.20 12/20/2016    EUR     47.70
Deutsche Bank AG           8.20 12/20/2016    EUR     45.70
Deutsche Bank AG           9.20 12/20/2016    EUR     46.00
Deutsche Bank AG           9.20 12/20/2016    EUR     53.20
Deutsche Bank AG           8.20 12/20/2016    EUR     71.70
Deutsche Bank AG           9.20 12/20/2016    EUR     71.90
Deutsche Bank AG           3.20 10/26/2016    EUR     70.10
Deutsche Bank AG           3.20 11/22/2017    EUR     70.00
Deutsche Bank AG           3.20 10/26/2016    EUR     54.40
Deutsche Bank AG           3.20 11/22/2017    EUR     50.80
Deutsche Bank AG           3.20 11/22/2017    EUR     61.30
Deutsche Bank AG           3.20 11/22/2017    EUR     57.90
Deutsche Bank AG           4.20 10/26/2016    EUR     74.40
DekaBank Deutsche Giroz    3.10   8/4/2017    EUR     37.96
DekaBank Deutsche Giroz    2.75  8/26/2019    EUR     73.37
HSBC Trinkaus & Burkhar    6.00  3/24/2017    EUR     72.40
HSBC Trinkaus & Burkhar    6.60 10/28/2016    EUR     70.67
HSBC Trinkaus & Burkhar    6.00  3/24/2017    EUR     54.57
Deutsche Bank AG           9.20 12/20/2016    EUR     65.00
Deutsche Bank AG           8.20 12/20/2016    EUR     53.00
Goldman Sachs & Co Wert   22.00 10/26/2016    EUR     70.28
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     71.11
DekaBank Deutsche Giroz    3.00  6/30/2017    EUR     72.38
DZ Bank AG Deutsche Zen    5.30 12/19/2016    EUR     74.59
DekaBank Deutsche Giroz   10.50 11/15/2016    EUR     68.01
DekaBank Deutsche Giroz    8.35 11/15/2016    EUR     72.24
DZ Bank AG Deutsche Zen    6.25 10/28/2016    EUR     49.21
DZ Bank AG Deutsche Zen    8.50 10/28/2016    EUR     56.16
HSBC Trinkaus & Burkhar    7.20  6/23/2017    EUR     69.79
HSBC Trinkaus & Burkhar    8.20  6/23/2017    EUR     51.21
DekaBank Deutsche Giroz    2.50  9/16/2019    EUR     73.28
Credit Suisse AG/London    7.00  9/30/2020    USD     10.15
Credit Suisse AG/London    7.50  10/6/2016    CHF     57.43
Vontobel Financial Prod   13.00 12/23/2016    EUR     73.36
DZ Bank AG Deutsche Zen    7.60 12/19/2016    EUR     70.13
DZ Bank AG Deutsche Zen    9.10 12/19/2016    EUR     66.22
Vontobel Financial Prod   18.50 12/23/2016    EUR     56.99
Landesbank Baden-Wuertt    3.55  6/23/2017    EUR     64.50
Landesbank Baden-Wuertt    3.70  6/23/2017    EUR     69.37
Landesbank Baden-Wuertt    3.15  6/22/2018    EUR     47.90
Leonteq Securities AG/G   10.58   2/3/2017    USD     33.90
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     71.26
UBS AG                     9.50 12/22/2017    EUR     54.53
UBS AG                     5.50 12/23/2016    EUR     62.85
UBS AG                     9.25 12/23/2016    EUR     32.11
UBS AG                    14.00 12/23/2016    EUR     64.48
UBS AG                    12.75 12/23/2016    EUR     68.61
UBS AG                    12.00 12/23/2016    EUR     40.17
UBS AG                     7.00 12/22/2017    EUR     60.04
UBS AG                    11.25 12/23/2016    EUR     73.23
UBS AG                     5.25 12/22/2017    EUR     46.22
UBS AG                     5.25 12/23/2016    EUR     67.74
UBS AG                    16.75 12/23/2016    EUR     31.72
UBS AG                     8.25 12/22/2017    EUR     54.52
UBS AG                     7.50 12/23/2016    EUR     54.55
UBS AG                    11.75 12/22/2017    EUR     45.95
UBS AG                     5.25 12/23/2016    EUR     71.27
UBS AG                     5.00 12/22/2017    EUR     74.28
UBS AG                     7.75 12/22/2017    EUR     63.53
UBS AG                     7.00 12/22/2017    EUR     60.19
UBS AG                    14.50 12/23/2016    EUR     40.67
UBS AG                     6.75 12/23/2016    EUR     58.44
UBS AG                     8.00 12/23/2016    EUR     58.67
UBS AG                    10.25 12/22/2017    EUR     56.19
UBS AG                     5.75 12/22/2017    EUR     71.97
UBS AG                     7.50 12/23/2016    EUR     61.37
UBS AG                     5.00 12/22/2017    EUR     72.28
UBS AG                    10.25 12/22/2017    EUR     38.20
UBS AG                     5.50 12/22/2017    EUR     67.34
UBS AG                     5.00 12/22/2017    EUR     48.72
UBS AG                    12.25 12/23/2016    EUR     27.93
UBS AG                    13.00 12/23/2016    EUR     27.13
UBS AG                     8.50 12/22/2017    EUR     39.17
UBS AG                    11.75 12/22/2017    EUR     36.67
UBS AG                     5.00 12/23/2016    EUR     71.30
UBS AG                     5.25 12/23/2016    EUR     40.99
UBS AG                     6.75 12/23/2016    EUR     59.13
UBS AG                    16.00 12/23/2016    EUR     37.32
UBS AG                     5.75 12/23/2016    EUR     67.52
UBS AG                     8.00 12/22/2017    EUR     58.14
UBS AG                     8.75 12/22/2017    EUR     56.19
UBS AG                     4.00 12/23/2016    EUR     72.09
UBS AG                     4.50 12/23/2016    EUR     69.02
UBS AG                     5.50 12/22/2017    EUR     66.30
UBS AG                     4.75 12/22/2017    EUR     70.10
UBS AG                    12.50 12/23/2016    EUR     44.25
UBS AG                     4.00 12/22/2017    EUR     52.38
UBS AG                    10.25 12/22/2017    EUR     53.17
UBS AG                    11.75 12/22/2017    EUR     51.16
UBS AG                    10.25 12/23/2016    EUR     48.74
UBS AG                    10.25 12/23/2016    EUR     44.66
UBS AG                     5.25 12/22/2017    EUR     69.75
UBS AG                     6.00 12/23/2016    EUR     38.70
UBS AG                     7.50 12/22/2017    EUR     40.86
UBS AG                    13.00 12/22/2017    EUR     67.43
UBS AG                     6.75 12/22/2017    EUR     42.56
UBS AG                     8.50 12/23/2016    EUR     33.49
UBS AG                     9.50 12/22/2017    EUR     50.72
UBS AG                     5.75 12/22/2017    EUR     44.43
UBS AG                     7.25 12/23/2016    EUR     35.84
UBS AG                     7.75 12/22/2017    EUR     59.02
UBS AG                     5.75 12/23/2016    EUR     64.58
UBS AG                     8.25 12/22/2017    EUR     40.26
UBS AG                     4.75 12/23/2016    EUR     43.67
UBS AG                    10.50 12/22/2017    EUR     47.76
UBS AG                     4.50 12/23/2016    EUR     68.15
UBS AG                     4.75 12/22/2017    EUR     71.56
UBS AG                     7.75 12/23/2016    EUR     54.64
UBS AG                     7.75 12/23/2016    EUR     46.89
UBS AG                     5.25 12/23/2016    EUR     69.12
UBS AG                     5.00 12/22/2017    EUR     71.80
UBS AG                     4.75 12/23/2016    EUR     40.75
UBS AG                     6.25 12/22/2017    EUR     41.81
UBS AG                    11.50 12/23/2016    EUR     73.06
UBS AG                    10.50 12/23/2016    EUR     38.61
UBS AG                     5.50 12/23/2016    EUR     35.29
UBS AG                    11.25 12/22/2017    EUR     74.94
UBS AG                     9.00 12/22/2017    EUR     70.55
UBS AG                     6.00 12/23/2016    EUR     58.69
UBS AG                     8.25 12/22/2017    EUR     52.59
UBS AG                     6.25 12/23/2016    EUR     31.24
UBS AG                     4.50 12/22/2017    EUR     48.66
UBS AG                    10.50 12/22/2017    EUR     44.22
UBS AG                     5.00 12/22/2017    EUR     45.80
UBS AG                     9.50 12/23/2016    EUR     45.56
UBS AG                    10.50 12/22/2017    EUR     53.87
UBS AG                    14.50 12/23/2016    EUR     61.31
UBS AG                     6.00 12/23/2016    EUR     58.69
UBS AG                     6.75 12/23/2016    EUR     50.09
UBS AG                     8.50 12/23/2016    EUR     47.09
UBS AG                     9.50 12/22/2017    EUR     47.32
UBS AG                     6.50 12/22/2017    EUR     59.16
UBS AG                     6.50 12/22/2017    EUR     42.13
Leonteq Securities AG/G    5.75  3/17/2017    CHF     53.85
DekaBank Deutsche Giroz    3.40   3/5/2018    EUR     61.80
Banque Cantonale Vaudoi    4.80  3/10/2017    CHF     65.52
Landesbank Baden-Wuertt    4.20 10/28/2016    EUR     36.38
Landesbank Baden-Wuertt    3.50 10/28/2016    EUR     69.08
Landesbank Baden-Wuertt    3.30  6/22/2018    EUR     49.17
Landesbank Baden-Wuertt    4.15 10/28/2016    EUR     36.75
DekaBank Deutsche Giroz    3.10  2/26/2018    EUR     62.64
Landesbank Baden-Wuertt    3.90  6/23/2017    EUR     64.22
DekaBank Deutsche Giroz    3.10   2/5/2018    EUR     71.43
Lehman Brothers Treasur    5.00  2/15/2018    EUR      0.75
Lehman Brothers Treasur    9.00   5/6/2011    CHF      0.75
Lehman Brothers Treasur   10.60  4/22/2014    MXN      0.75
Lehman Brothers Treasur   16.00  11/9/2008    USD      0.75
Lehman Brothers Treasur   10.00  5/22/2009    USD      0.75
Lehman Brothers Treasur    4.60   8/1/2013    EUR      0.75
Lehman Brothers Treasur    8.00  5/22/2009    USD      0.75
Lehman Brothers Treasur   15.00   6/4/2009    CHF      0.75
Goldman Sachs & Co Wert   15.00  1/25/2017    EUR     73.97
Goldman Sachs & Co Wert   19.00  1/25/2017    EUR     69.79
Goldman Sachs & Co Wert    3.00  1/25/2017    EUR     67.52
Goldman Sachs & Co Wert    7.00  1/25/2017    EUR     53.91
Goldman Sachs & Co Wert   10.00  1/25/2017    EUR     50.62
Goldman Sachs & Co Wert   18.00  1/25/2017    EUR     45.12
Goldman Sachs & Co Wert    4.00 12/20/2017    EUR     63.55
Goldman Sachs & Co Wert    7.00 12/20/2017    EUR     57.89
Goldman Sachs & Co Wert   10.00 12/20/2017    EUR     54.58
Goldman Sachs & Co Wert   11.00 12/20/2017    EUR     54.35
Lehman Brothers Treasur    7.60   3/4/2010    NZD      0.75
Lehman Brothers Treasur   13.50   6/2/2009    USD      0.75
UBS AG/London              5.00  12/9/2016    CHF     73.94
Vontobel Financial Prod   11.50 12/23/2016    EUR     48.12
Lehman Brothers Treasur   12.40  6/12/2009    USD      0.75
UBS AG                    13.50  6/13/2017    CHF     69.70
Lehman Brothers Treasur    0.50   6/2/2020    EUR      0.75
Lehman Brothers Treasur   11.00   7/4/2011    USD      0.75
Lehman Brothers Treasur   12.00   7/4/2011    EUR      0.75
Lehman Brothers Treasur    5.50   7/8/2013    EUR      0.75
Lehman Brothers Treasur    7.75   1/3/2012    AUD      0.75
Lehman Brothers Treasur    3.10   6/4/2010    USD      0.75
Lehman Brothers Treasur    2.50  8/15/2012    CHF      0.75
DZ Bank AG Deutsche Zen   15.75 12/23/2016    EUR     69.27
DZ Bank AG Deutsche Zen   12.50 12/23/2016    EUR     72.92
DZ Bank AG Deutsche Zen    8.50 12/23/2016    EUR     66.10
DZ Bank AG Deutsche Zen    5.50 12/23/2016    EUR     74.62
Lehman Brothers Treasur    0.50   8/1/2020    EUR      0.75
Vontobel Financial Prod   11.00 12/23/2016    EUR     68.99
Vontobel Financial Prod   13.00 12/23/2016    EUR     66.17
Lehman Brothers Treasur    6.00   8/7/2013    EUR      0.75
Lehman Brothers Treasur   14.10 11/12/2008    USD      0.75
Vontobel Financial Prod   16.55 12/23/2016    EUR     47.58
Vontobel Financial Prod   16.50 11/25/2016    EUR     47.11
Vontobel Financial Prod   19.00 11/25/2016    EUR     45.83
DZ Bank AG Deutsche Zen    7.25 12/19/2016    EUR     67.74
Landesbank Baden-Wuertt    5.00 12/23/2016    EUR     55.54
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     57.46
Credit Suisse AG/Nassau    7.13  6/26/2017    CHF     63.12
Lehman Brothers Treasur    2.30   6/6/2013    USD      0.75
Vontobel Financial Prod    6.50 12/23/2016    EUR     73.23
Vontobel Financial Prod   18.00 12/23/2016    EUR     60.07
Vontobel Financial Prod   11.50 12/23/2016    EUR     65.48
DZ Bank AG Deutsche Zen    7.40 12/19/2016    EUR     70.44
DZ Bank AG Deutsche Zen    6.60  3/20/2017    EUR     71.50
DZ Bank AG Deutsche Zen    5.00  3/20/2017    EUR     65.82
Lehman Brothers Treasur    8.80 12/27/2009    EUR      0.75
Lehman Brothers Treasur   11.00 12/20/2017    AUD      0.75
Lehman Brothers Treasur    4.00   1/4/2011    USD      0.75
Lehman Brothers Treasur    9.30 12/21/2010    EUR      0.75
Lehman Brothers Treasur    0.50 12/20/2017    USD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    USD      0.75
Goldman Sachs & Co Wert   17.00  1/25/2017    EUR     71.99
Lehman Brothers Treasur    5.38   2/4/2014    USD      0.75
Lehman Brothers Treasur   13.00  2/16/2009    CHF      0.75
UBS AG/London             16.40 11/11/2016    EUR     63.11
Deutsche Bank AG           8.20  3/21/2017    EUR     72.30
Immigon Portfolioabbau     5.21  2/13/2026    EUR     71.75
HSBC Trinkaus & Burkhar    4.00  6/16/2017    EUR     53.18
Lehman Brothers Treasur    1.00  2/26/2010    USD      0.75
Vontobel Financial Prod    4.00  11/9/2017    EUR     55.57
Lehman Brothers Treasur    8.00 10/17/2014    EUR      0.75
Bank Julius Baer & Co L   10.60  12/9/2016    CHF     59.05
DZ Bank AG Deutsche Zen    6.00 12/23/2016    EUR     72.27
HSBC Trinkaus & Burkhar   13.70 12/23/2016    EUR     73.44
HSBC Trinkaus & Burkhar   11.60 12/23/2016    EUR     72.78
HSBC Trinkaus & Burkhar    9.20  6/23/2017    EUR     65.42
HSBC Trinkaus & Burkhar   11.50 12/23/2016    EUR     74.99
HSBC Trinkaus & Burkhar   12.60  3/24/2017    EUR     66.02
HSBC Trinkaus & Burkhar    9.40  1/27/2017    EUR     69.79
HSBC Trinkaus & Burkhar   14.40 12/23/2016    EUR     63.34
Lehman Brothers Treasur    9.50   4/1/2018    USD      0.75
Landesbank Baden-Wuertt    3.60 11/22/2019    EUR     73.65
Leonteq Securities AG      8.00 12/14/2016    EUR     69.43
Lehman Brothers Treasur    6.45  2/20/2010    AUD      0.75
Goldman Sachs & Co Wert   21.00 11/23/2016    EUR     71.39
Goldman Sachs & Co Wert   18.00  1/25/2017    EUR     74.12
Lehman Brothers Treasur    3.45  5/23/2013    USD      0.75
Goldman Sachs & Co Wert   15.00  1/25/2017    EUR     70.31
Goldman Sachs & Co Wert    8.00  1/25/2017    EUR     72.57
Goldman Sachs & Co Wert   19.00  1/25/2017    EUR     58.93
Goldman Sachs & Co Wert    8.00 12/20/2017    EUR     70.91
Goldman Sachs & Co Wert   12.00 12/20/2017    EUR     66.48
Lehman Brothers Treasur   11.00 12/20/2017    AUD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    AUD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    AUD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    AUD      0.75
Lehman Brothers Treasur    8.00 12/31/2010    USD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    USD      0.75
Lehman Brothers Treasur    0.50 12/20/2017    USD      0.75
Lehman Brothers Treasur   10.00  2/16/2009    CHF      0.75
UBS AG/London             12.70  5/12/2017    EUR     73.81
Lehman Brothers Treasur    7.00  2/15/2010    CHF      0.75
Vontobel Financial Prod   20.45  10/5/2016    EUR     63.32
Lehman Brothers Treasur    8.00  3/21/2018    USD      0.75
DZ Bank AG Deutsche Zen    7.00 12/23/2016    EUR     74.61
DZ Bank AG Deutsche Zen    9.10 12/23/2016    EUR     73.06
DZ Bank AG Deutsche Zen   11.10 12/23/2016    EUR     64.61
DZ Bank AG Deutsche Zen    8.60 12/23/2016    EUR     64.21
HSBC Trinkaus & Burkhar   11.60  3/24/2017    EUR     73.15
HSBC Trinkaus & Burkhar   10.40  1/27/2017    EUR     63.55
HSBC Trinkaus & Burkhar   11.80  3/24/2017    EUR     74.54
HSBC Trinkaus & Burkhar    7.60  3/24/2017    EUR     73.38
Lehman Brothers Treasur    7.05   4/8/2015    USD      0.75
Lehman Brothers Treasur    7.80  3/31/2018    USD      0.75
HSBC Trinkaus & Burkhar   11.40 12/23/2016    EUR     69.23
Lehman Brothers Treasur    6.00   3/4/2015    USD      0.75
Lehman Brothers Treasur    7.15  3/21/2013    USD      0.75
Lehman Brothers Treasur    3.50  6/20/2011    EUR      0.75
Vontobel Financial Prod   14.15 12/23/2016    EUR     66.84
Vontobel Financial Prod    9.55 12/23/2016    EUR     72.79
Lehman Brothers Treasur    7.60  1/31/2013    AUD      0.75
Lehman Brothers Treasur    5.50  6/22/2010    USD     11.88
Lehman Brothers Treasur   10.00 10/22/2008    USD      0.75
Lehman Brothers Treasur    6.60  5/23/2012    AUD      0.75
Goldman Sachs & Co Wert   19.00  1/25/2017    EUR     67.28
Goldman Sachs & Co Wert   12.00 12/20/2017    EUR     74.78
Goldman Sachs & Co Wert   13.00  1/25/2017    EUR     72.93
Goldman Sachs & Co Wert   17.00  1/25/2017    EUR     68.53
Goldman Sachs & Co Wert    7.00  1/25/2017    EUR     73.76
Goldman Sachs & Co Wert   15.00  1/25/2017    EUR     62.37
Goldman Sachs & Co Wert    6.00 12/20/2017    EUR     74.12
Goldman Sachs & Co Wert   10.00 12/20/2017    EUR     68.37
UBS AG                     5.00 12/22/2017    EUR     66.44
UBS AG                     7.00 12/23/2016    EUR     38.85
UBS AG                     4.50 12/22/2017    EUR     42.70
DekaBank Deutsche Giroz    3.40   4/9/2018    EUR     41.32
UBS AG                     9.50 12/23/2016    EUR     41.72
UBS AG                    10.25 12/23/2016    EUR     30.85
UniCredit Bank AG          4.10  9/28/2018    EUR     60.47
DekaBank Deutsche Giroz    3.10   5/5/2017    EUR     55.73
DekaBank Deutsche Giroz    3.00  4/16/2018    EUR     68.37
UBS AG/London              5.00  8/14/2017    CHF     51.00
Landesbank Baden-Wuertt    3.60  6/23/2017    EUR     64.09
UBS AG/London             13.75 12/23/2016    EUR     57.28
DekaBank Deutsche Giroz    3.15  5/18/2018    EUR     61.01
Notenstein La Roche Pri    6.50   7/2/2018    USD     56.75
DekaBank Deutsche Giroz    3.00  6/12/2018    EUR     59.31
UBS AG                     9.00   7/3/2017    CHF     64.94
EFG International Finan    5.00  8/15/2017    CHF     60.39
UBS AG/London              4.25 12/23/2016    EUR     60.02
UBS AG/London              4.50 12/22/2017    EUR     56.75
UBS AG/London              7.50 12/23/2016    EUR     61.95
UBS AG/London              6.00 12/23/2016    EUR     46.90
UBS AG/London              7.00 12/22/2017    EUR     66.64
UBS AG/London             13.25 12/23/2016    EUR     71.05
UBS AG/London              7.00 12/22/2017    EUR     49.37
UBS AG/London             14.00 12/23/2016    EUR     38.12
UBS AG/London             11.00 12/23/2016    EUR     38.26
UBS AG/London              5.00 12/23/2016    EUR     50.59
UBS AG/London              4.00 12/22/2017    EUR     55.90
UBS AG/London              4.00 12/22/2017    EUR     62.10
UBS AG/London              5.50 12/23/2016    EUR     48.66
UBS AG/London              6.75 12/23/2016    EUR     52.57
UBS AG/London             12.25 12/23/2016    EUR     36.50
UBS AG/London             12.50 12/22/2017    EUR     72.83
UBS AG/London              9.50 12/22/2017    EUR     57.69
UBS AG/London              4.25 12/23/2016    EUR     52.64
UBS AG/London              9.00 12/22/2017    EUR     46.88
UBS AG/London              5.00 12/23/2016    EUR     41.66
UBS AG/London              8.25 12/23/2016    EUR     42.62
UBS AG/London              6.75 12/23/2016    EUR     45.35
UBS AG/London              5.75 12/22/2017    EUR     52.40
UBS AG/London              5.00 12/22/2017    EUR     59.39
UBS AG/London              6.25 12/22/2017    EUR     51.45
UBS AG/London              9.00 12/23/2016    EUR     57.12
UBS AG/London              5.00 12/22/2017    EUR     55.29
UBS AG/London              5.50 12/23/2016    EUR     73.43
UBS AG/London              7.75 12/22/2017    EUR     53.29
EFG International Finan    5.00  8/15/2017    CHF     73.57
Notenstein La Roche Pri    5.00  8/29/2018    CHF     59.01
JP Morgan Structured Pr    4.05  8/29/2017    EUR     33.02
Leonteq Securities AG/G    4.40  8/28/2017    CHF     68.20
Notenstein La Roche Pri    5.04  8/28/2017    CHF     68.38
Notenstein La Roche Pri    5.00   9/5/2018    CHF     60.77
Leonteq Securities AG/G    4.68  8/29/2017    CHF     70.87
Leonteq Securities AG      6.00  9/26/2016    CHF     54.31
Leonteq Securities AG      7.20  9/26/2016    EUR     66.40
Credit Suisse AG/Nassau    6.25  9/26/2016    CHF     54.14
Notenstein La Roche Pri    7.50  9/26/2016    EUR     71.17
Notenstein La Roche Pri    7.00  9/26/2016    CHF     74.73
Notenstein La Roche Pri    7.00  9/26/2016    CHF     56.59
Notenstein La Roche Pri    6.50  9/26/2016    CHF     72.27
Notenstein La Roche Pri    5.50  9/26/2016    CHF     49.27
Notenstein La Roche Pri    5.00  9/26/2016    CHF     50.24
Goldman Sachs & Co Wert    3.00  1/25/2017    EUR     63.93
Goldman Sachs & Co Wert    4.00  1/25/2017    EUR     61.00
Goldman Sachs & Co Wert    6.00  1/25/2017    EUR     56.03
Goldman Sachs & Co Wert    8.00  1/25/2017    EUR     52.01
Goldman Sachs & Co Wert   14.00  1/25/2017    EUR     46.70
Goldman Sachs & Co Wert    3.00 12/20/2017    EUR     67.98
Goldman Sachs & Co Wert    3.00 12/20/2017    EUR     71.03
Goldman Sachs & Co Wert    5.00 12/20/2017    EUR     59.77
Goldman Sachs & Co Wert    6.00 12/20/2017    EUR     58.75
Goldman Sachs & Co Wert    7.00 12/20/2017    EUR     55.94
Goldman Sachs & Co Wert    8.00 12/20/2017    EUR     55.36
Goldman Sachs & Co Wert   11.00 12/20/2017    EUR     52.98
Goldman Sachs & Co Wert    3.00 12/20/2017    EUR     65.07
Goldman Sachs & Co Wert   15.00  1/25/2017    EUR     74.61
Goldman Sachs & Co Wert   18.00  1/25/2017    EUR     71.29
Lehman Brothers Treasur   17.00   6/2/2009    USD      0.75
Lehman Brothers Treasur   23.30  9/16/2008    USD      0.75
Lehman Brothers Treasur    3.00   6/3/2010    EUR      0.75
Leonteq Securities AG      8.80  6/21/2017    CHF     68.23
Lehman Brothers Treasur   10.00  6/17/2009    USD      0.75
Strommen Sparebank         2.28               NOK     35.28
Commerzbank AG             3.60 12/14/2016    EUR     61.28
Commerzbank AG             3.70  6/14/2017    EUR     62.66
Lehman Brothers Treasur   11.00   7/4/2011    CHF      0.75
DZ Bank AG Deutsche Zen    5.00 12/12/2016    EUR     52.38
DZ Bank AG Deutsche Zen    6.20 12/19/2016    EUR     72.82
Lehman Brothers Treasur   16.00 12/26/2008    USD      0.75
Lehman Brothers Treasur    0.50   7/2/2020    EUR      0.75
DZ Bank AG Deutsche Zen    7.25 12/23/2016    EUR     46.44
Lehman Brothers Treasur   13.15 10/30/2008    USD      0.75
Zurcher Kantonalbank Fi    8.50 12/22/2016    CHF     71.74
Vontobel Financial Prod   15.50 12/23/2016    EUR     63.77
Lehman Brothers Treasur    6.25   9/5/2011    EUR      0.75
Notenstein La Roche Pri    9.68  6/15/2017    CHF     67.19
Vontobel Financial Prod   15.50 12/23/2016    EUR     48.19
Vontobel Financial Prod   14.50 11/25/2016    EUR     48.60
DZ Bank AG Deutsche Zen    7.25 12/19/2016    EUR     51.57
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     74.64
Lehman Brothers Treasur    5.25   7/8/2014    EUR      0.75
Landesbank Baden-Wuertt    6.00 12/23/2016    EUR     73.78
Lehman Brothers Treasur    4.00  8/11/2010    USD     11.88
Landesbank Baden-Wuertt    3.00 12/23/2016    EUR     60.03
Lehman Brothers Treasur    7.50  5/30/2010    AUD      0.75
Lehman Brothers Treasur    4.30   6/4/2012    USD      0.75
Lehman Brothers Treasur    4.00   6/5/2011    USD      0.75
Vontobel Financial Prod   21.00 12/23/2016    EUR     57.85
Vontobel Financial Prod    8.55 12/23/2016    EUR     68.96
DZ Bank AG Deutsche Zen    5.60  3/20/2017    EUR     73.11
DZ Bank AG Deutsche Zen    5.10 12/19/2016    EUR     58.93
DZ Bank AG Deutsche Zen    6.30 12/19/2016    EUR     57.27
DZ Bank AG Deutsche Zen    5.50  3/20/2017    EUR     64.04
BAWAG PSK Versicherungs    1.33               EUR     46.07
Leonteq Securities AG     10.60 12/29/2016    EUR     43.94
UBS AG                     5.00 12/23/2016    EUR     38.33
UBS AG                     9.00 12/23/2016    EUR     30.52
UBS AG                     5.00 12/22/2017    EUR     48.53
UBS AG                     4.75 12/22/2017    EUR     71.25
Landesbank Baden-Wuertt    3.05  6/22/2018    EUR     52.61
HSBC Trinkaus & Burkhar    6.00  12/6/2016    EUR     51.70
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     71.03
UBS AG/London             11.75 12/23/2016    EUR     71.70
DekaBank Deutsche Giroz    3.65  5/18/2018    EUR     65.45
Credit Suisse AG/London    7.00 11/23/2016    CHF     74.24
Vontobel Financial Prod   14.50 12/23/2016    EUR     72.14
Credit Suisse AG/London    7.25 11/23/2016    CHF     58.31
Commerzbank AG            12.50 10/27/2016    EUR     73.90
Commerzbank AG            10.25 10/27/2016    EUR     73.19
Commerzbank AG            12.50 10/27/2016    EUR     69.76
DZ Bank AG Deutsche Zen    5.00 11/25/2016    EUR     59.20
Vontobel Financial Prod    3.05 10/28/2016    EUR     56.93
Vontobel Financial Prod    5.05 10/28/2016    EUR     51.95
Vontobel Financial Prod    4.00 12/23/2016    EUR     54.96
Vontobel Financial Prod    5.00 12/23/2016    EUR     52.75
Vontobel Financial Prod    6.05 12/23/2016    EUR     50.76
Vontobel Financial Prod    7.15 12/23/2016    EUR     48.97
Vontobel Financial Prod    8.50 12/23/2016    EUR     47.40
Vontobel Financial Prod   10.00 12/23/2016    EUR     46.01
Vontobel Financial Prod   10.00 11/25/2016    EUR     65.53
Landesbank Baden-Wuertt    2.00 11/25/2016    EUR     57.37
Landesbank Baden-Wuertt    3.00 11/25/2016    EUR     53.91
Landesbank Baden-Wuertt    4.00 11/25/2016    EUR     51.90
Landesbank Baden-Wuertt    4.50 11/25/2016    EUR     69.99
Landesbank Baden-Wuertt    5.00 11/25/2016    EUR     49.85
Deutsche Bank AG           6.50 12/20/2016    EUR     48.62
DZ Bank AG Deutsche Zen    5.80 12/19/2016    EUR     68.93
DZ Bank AG Deutsche Zen    4.70 12/19/2016    EUR     52.70
Vontobel Financial Prod   14.00 12/23/2016    EUR     72.99
UniCredit Bank AG          5.05 12/22/2016    EUR     74.66
UniCredit Bank AG          5.15 12/22/2016    EUR     73.26
UniCredit Bank AG          5.10 12/22/2016    EUR     73.95
UniCredit Bank AG          5.20 12/22/2016    EUR     72.56
UBS AG/London              7.00 11/18/2016    CHF     73.14
Goldman Sachs & Co Wert   19.00 10/26/2016    EUR     70.04
Goldman Sachs & Co Wert   18.00 11/23/2016    EUR     71.41
Goldman Sachs & Co Wert   23.00 11/23/2016    EUR     66.51
Goldman Sachs & Co Wert   21.00 12/21/2016    EUR     67.76
Goldman Sachs & Co Wert   16.00  6/21/2017    EUR     72.71
Goldman Sachs & Co Wert   22.00 10/26/2016    EUR     74.17
HSBC Trinkaus & Burkhar   11.10  3/24/2017    EUR     62.71
HSBC Trinkaus & Burkhar    7.90  6/23/2017    EUR     67.26
HSBC Trinkaus & Burkhar    8.60  1/27/2017    EUR     65.92
HSBC Trinkaus & Burkhar    9.70 12/23/2016    EUR     47.79
HSBC Trinkaus & Burkhar    6.80 12/23/2016    EUR     51.04
HSBC Trinkaus & Burkhar    7.00  6/23/2017    EUR     52.40
HSBC Trinkaus & Burkhar    7.90  1/27/2017    EUR     50.00
HSBC Trinkaus & Burkhar   14.50 12/23/2016    EUR     65.91
HSBC Trinkaus & Burkhar   12.70  3/24/2017    EUR     68.58
HSBC Trinkaus & Burkhar   10.50  3/24/2017    EUR     71.72
HSBC Trinkaus & Burkhar    9.60  1/27/2017    EUR     72.98
Leonteq Securities AG     14.00 11/30/2016    CHF     65.05
Leonteq Securities AG     10.20 11/30/2016    CHF     61.30
Bank Julius Baer & Co L    6.00 11/25/2016    EUR     73.90
DZ Bank AG Deutsche Zen    5.70 12/19/2016    EUR     55.43
DZ Bank AG Deutsche Zen    5.40  3/20/2017    EUR     56.67
DZ Bank AG Deutsche Zen    6.00  3/20/2017    EUR     55.16
DZ Bank AG Deutsche Zen    6.50  3/20/2017    EUR     72.17
DZ Bank AG Deutsche Zen    7.30  3/20/2017    EUR     70.42
Vontobel Financial Prod    9.00 12/23/2016    EUR     62.52
Vontobel Financial Prod   10.00 12/23/2016    EUR     74.23
Vontobel Financial Prod    8.00 12/23/2016    EUR     73.71
Zurcher Kantonalbank Fi   10.00  12/1/2016    EUR     70.72
DZ Bank AG Deutsche Zen   10.00 12/23/2016    EUR     74.65
DZ Bank AG Deutsche Zen   10.00 12/23/2016    EUR     70.40
DZ Bank AG Deutsche Zen    4.00 12/23/2016    EUR     61.40
DZ Bank AG Deutsche Zen    6.00 12/23/2016    EUR     61.87
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     59.83
DZ Bank AG Deutsche Zen    4.00  3/24/2017    EUR     62.26
DZ Bank AG Deutsche Zen    6.00  3/24/2017    EUR     63.24
DZ Bank AG Deutsche Zen    6.00 12/23/2016    EUR     49.08
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     66.01
DZ Bank AG Deutsche Zen    7.40 11/23/2016    EUR     52.11
DZ Bank AG Deutsche Zen    7.00 11/25/2016    EUR     68.47
DZ Bank AG Deutsche Zen   12.00 11/25/2016    EUR     62.33
DZ Bank AG Deutsche Zen    6.25 11/25/2016    EUR     53.10
DZ Bank AG Deutsche Zen    9.75 11/25/2016    EUR     49.12
DZ Bank AG Deutsche Zen    7.75 12/23/2016    EUR     49.39
DZ Bank AG Deutsche Zen    6.25  3/24/2017    EUR     50.59
DZ Bank AG Deutsche Zen    5.25 12/23/2016    EUR     52.21
DZ Bank AG Deutsche Zen    5.00  3/24/2017    EUR     54.51
DZ Bank AG Deutsche Zen    8.00 11/25/2016    EUR     72.85
DZ Bank AG Deutsche Zen   14.75 11/25/2016    EUR     67.93
DZ Bank AG Deutsche Zen   10.75 11/25/2016    EUR     68.13
Bank Julius Baer & Co L    6.85  12/5/2016    CHF     60.15
Notenstein La Roche Pri    7.11 11/25/2016    EUR     48.30
Credit Suisse AG/Nassau    8.00  12/5/2016    EUR     72.69
DZ Bank AG Deutsche Zen    7.25 12/19/2016    EUR     48.16
DZ Bank AG Deutsche Zen    8.00 12/19/2016    EUR     74.83
DZ Bank AG Deutsche Zen    7.00 12/19/2016    EUR     74.60
DZ Bank AG Deutsche Zen    9.25 12/19/2016    EUR     48.62
DZ Bank AG Deutsche Zen    7.25 12/19/2016    EUR     62.09
Rosbank PJSC               0.02  4/30/2024    RUB     60.06
Vontobel Financial Prod    6.50 12/23/2016    EUR     49.35
Commerzbank AG             8.50 12/22/2016    EUR     53.01
DZ Bank AG Deutsche Zen    5.00 12/29/2016    EUR     63.20
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     66.23
Commerzbank AG             7.75 12/22/2016    EUR     72.29
Commerzbank AG             5.75 12/22/2016    EUR     53.92
Commerzbank AG             7.25 12/22/2016    EUR     51.24
Commerzbank AG            10.50 12/22/2016    EUR     46.79
Commerzbank AG            11.75 12/22/2016    EUR     72.69
DZ Bank AG Deutsche Zen    5.25  1/27/2017    EUR     73.19
Bank Julius Baer & Co L   11.60   1/5/2017    CHF     41.85
Lehman Brothers Treasur    5.12  4/30/2027    EUR      0.75
Lehman Brothers Treasur    7.75  2/21/2016    EUR      0.75
UBS AG/London             12.50   1/3/2017    CHF     59.65
Lehman Brothers Treasur    8.00 12/27/2032    JPY      0.75
DZ Bank AG Deutsche Zen    5.25  3/24/2017    EUR     73.31
DZ Bank AG Deutsche Zen    9.50  1/27/2017    EUR     68.53
DZ Bank AG Deutsche Zen    6.75  3/24/2017    EUR     53.11
DZ Bank AG Deutsche Zen    5.80  1/25/2017    EUR     57.39
DZ Bank AG Deutsche Zen   10.00 12/23/2016    EUR     73.29
Lehman Brothers Treasur    0.01  9/20/2011    USD      0.75
Vontobel Financial Prod   22.05 12/23/2016    EUR     45.76
Vontobel Financial Prod   10.00 11/25/2016    EUR     54.34
Vontobel Financial Prod    3.55 11/25/2016    EUR     67.23
Vontobel Financial Prod    4.50 11/25/2016    EUR     63.70
Vontobel Financial Prod    5.50 11/25/2016    EUR     60.55
Vontobel Financial Prod    8.50 11/25/2016    EUR     56.67
Vontobel Financial Prod    5.00 12/23/2016    EUR     62.45
Vontobel Financial Prod    3.50 12/23/2016    EUR     67.43
Vontobel Financial Prod    8.00 12/23/2016    EUR     57.24
Vontobel Financial Prod   11.55 12/23/2016    EUR     53.18
Vontobel Financial Prod   14.55 12/23/2016    EUR     50.74
DZ Bank AG Deutsche Zen    8.70 12/23/2016    EUR     74.33
DZ Bank AG Deutsche Zen    9.30  3/24/2017    EUR     73.30
DZ Bank AG Deutsche Zen    7.40 12/23/2016    EUR     58.40
DZ Bank AG Deutsche Zen    6.60  3/24/2017    EUR     59.78
DZ Bank AG Deutsche Zen    7.80  3/24/2017    EUR     58.13
Vontobel Financial Prod    8.50 12/23/2016    EUR     69.15
Vontobel Financial Prod   10.50 12/23/2016    EUR     52.93
DZ Bank AG Deutsche Zen    4.00  3/24/2017    EUR     55.20
Lehman Brothers Treasur   13.00 12/14/2012    USD      0.75
DZ Bank AG Deutsche Zen    7.00 12/19/2016    EUR     69.56
DZ Bank AG Deutsche Zen    8.25 12/19/2016    EUR     55.19
Lehman Brothers Treasur    5.25   4/1/2023    EUR      0.75
WGZ-Bank AG Westdeutsch    5.00   6/6/2017    EUR     52.10
Commerzbank AG             8.75 12/22/2016    EUR     72.63
Commerzbank AG            10.25 12/22/2016    EUR     70.07
Commerzbank AG            12.00 12/22/2016    EUR     67.84
Commerzbank AG             4.75 12/22/2016    EUR     59.50
Commerzbank AG             6.75 12/22/2016    EUR     56.24
Commerzbank AG             7.50 12/22/2016    EUR     55.28
Commerzbank AG            10.00 12/22/2016    EUR     74.50
Commerzbank AG            11.75 12/22/2016    EUR     71.31
Commerzbank AG            11.75 12/22/2016    EUR     71.96
UBS AG/London              6.50  3/24/2017    EUR     59.92
UBS AG/London              7.50  3/24/2017    EUR     74.82
UBS AG/London              9.50  3/24/2017    EUR     71.39
Goldman Sachs & Co Wert    9.00 12/20/2017    EUR     61.93
Goldman Sachs & Co Wert   24.00 11/23/2016    EUR     69.07
Goldman Sachs & Co Wert   24.00 10/26/2016    EUR     45.54
Goldman Sachs & Co Wert   22.00  1/25/2017    EUR     68.79
Vontobel Financial Prod   12.00 11/25/2016    EUR     52.32
Vontobel Financial Prod   14.00 11/25/2016    EUR     50.49
Vontobel Financial Prod    6.55 12/23/2016    EUR     59.71
Vontobel Financial Prod    4.00 11/25/2016    EUR     65.41
Vontobel Financial Prod    5.00 11/25/2016    EUR     62.08
Vontobel Financial Prod    6.60 11/25/2016    EUR     59.20
Vontobel Financial Prod    5.60 12/23/2016    EUR     61.00
Vontobel Financial Prod    4.50 12/23/2016    EUR     64.02
Vontobel Financial Prod    4.05 12/23/2016    EUR     65.69
Vontobel Financial Prod    9.50 12/23/2016    EUR     55.03
Vontobel Financial Prod   13.50 12/23/2016    EUR     51.50
WGZ-Bank AG Westdeutsch    2.75  3/29/2017    EUR     71.90
WGZ-Bank AG Westdeutsch    5.50  3/29/2017    EUR     72.43
DZ Bank AG Deutsche Zen   10.60 12/23/2016    EUR     71.69
DZ Bank AG Deutsche Zen   11.00  3/24/2017    EUR     71.16
DZ Bank AG Deutsche Zen    9.00 12/23/2016    EUR     56.51
DZ Bank AG Deutsche Zen    5.30 12/19/2016    EUR     61.35
DZ Bank AG Deutsche Zen    5.20  3/20/2017    EUR     62.49
EFG International Finan    8.32 12/21/2016    CHF     66.44
Lehman Brothers Treasur    6.70  4/21/2011    USD      0.75
Lehman Brothers Treasur    3.00  9/12/2036    JPY     11.88
Lehman Brothers Treasur    4.82 12/18/2036    EUR      0.75
WGZ-Bank AG Westdeutsch    6.50  3/29/2017    EUR     69.81
EFG International Finan    9.65 12/22/2016    EUR     55.72
Commerzbank AG             8.00 12/22/2016    EUR     73.96
Commerzbank AG             9.50 12/22/2016    EUR     71.36
Commerzbank AG            11.25 12/22/2016    EUR     68.96
Commerzbank AG             4.25 12/22/2016    EUR     60.73
Commerzbank AG             5.25 12/22/2016    EUR     58.33
Commerzbank AG             6.00 12/22/2016    EUR     57.24
Commerzbank AG             8.25 12/22/2016    EUR     54.37
Commerzbank AG             9.00 12/22/2016    EUR     53.50
UBS AG/London              7.00 12/23/2016    EUR     49.24
UBS AG/London              9.75  3/24/2017    EUR     47.72
UBS AG/London              7.00  3/24/2017    EUR     51.00
UBS AG/London              9.00  3/24/2017    EUR     74.02
UBS AG/London              7.00 12/23/2016    EUR     58.47
Goldman Sachs & Co Wert   10.00  1/25/2017    EUR     54.79
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     54.84
Goldman Sachs & Co Wert   21.00 12/21/2016    EUR     48.54
DZ Bank AG Deutsche Zen    6.00 12/23/2016    EUR     46.70
DZ Bank AG Deutsche Zen    5.25  3/24/2017    EUR     48.97
Deutsche Bank AG           6.20 10/26/2016    EUR     66.70
Deutsche Bank AG           6.20 10/26/2016    EUR     63.40
Deutsche Bank AG           4.20 10/26/2016    EUR     63.20
Deutsche Bank AG           6.20 10/26/2016    EUR     60.40
Deutsche Bank AG           6.20 11/23/2016    EUR     67.20
Deutsche Bank AG           4.20 11/23/2016    EUR     66.80
Deutsche Bank AG           4.20 11/23/2016    EUR     63.50
Deutsche Bank AG           6.20 11/23/2016    EUR     63.90
Deutsche Bank AG           6.20 11/23/2016    EUR     60.90
Deutsche Bank AG           6.20 10/26/2016    EUR     46.00
Deutsche Bank AG           3.20 10/26/2016    EUR     66.40
Deutsche Bank AG           3.20 11/23/2016    EUR     70.30
Deutsche Bank AG           3.20 11/23/2016    EUR     66.70
Deutsche Bank AG           3.20 11/23/2016    EUR     54.70
Deutsche Bank AG           3.20 11/23/2016    EUR     52.20
Deutsche Bank AG           3.20 11/23/2016    EUR     50.00
Deutsche Bank AG           7.20 10/26/2016    EUR     60.50
Deutsche Bank AG           7.20 11/23/2016    EUR     61.00
Deutsche Bank AG           7.20 12/20/2016    EUR     61.60
Deutsche Bank AG           7.20  3/21/2017    EUR     63.30
Deutsche Bank AG           7.20 10/26/2016    EUR     46.10
Deutsche Bank AG           7.20 11/23/2016    EUR     46.70
Deutsche Bank AG           9.20 10/26/2016    EUR     60.70
Deutsche Bank AG           9.20 11/23/2016    EUR     61.40
Deutsche Bank AG           9.20 12/20/2016    EUR     62.10
Deutsche Bank AG           9.20  3/21/2017    EUR     64.30
Deutsche Bank AG           9.20 10/26/2016    EUR     44.60
Deutsche Bank AG           9.20 11/23/2016    EUR     45.30
Deutsche Bank AG           9.20  3/21/2017    EUR     48.30
DZ Bank AG Deutsche Zen    7.00 12/23/2016    EUR     74.68
HSBC Trinkaus & Burkhar   14.00 12/23/2016    EUR     70.04
HSBC Trinkaus & Burkhar   12.00 12/23/2016    EUR     72.70
HSBC Trinkaus & Burkhar   10.90 10/28/2016    EUR     74.27
Bank Julius Baer & Co L   12.60 11/17/2016    CHF     33.75
Vontobel Financial Prod    9.65 12/23/2016    EUR     62.37
Vontobel Financial Prod    8.05 12/23/2016    EUR     64.98
Vontobel Financial Prod    6.50 12/23/2016    EUR     67.91
DZ Bank AG Deutsche Zen    7.00 12/19/2016    EUR     74.60
DZ Bank AG Deutsche Zen    7.00 12/19/2016    EUR     60.15
Goldman Sachs & Co Wert   21.00 11/23/2016    EUR     64.25
Goldman Sachs & Co Wert   18.00 11/23/2016    EUR     55.41
Goldman Sachs & Co Wert   21.00 12/21/2016    EUR     53.47
Goldman Sachs & Co Wert   21.00 11/23/2016    EUR     38.76
Goldman Sachs & Co Wert   22.00 11/23/2016    EUR     64.96
Goldman Sachs & Co Wert   21.00 12/21/2016    EUR     66.40
Deutsche Bank AG           5.20 10/26/2016    EUR     70.30
Deutsche Bank AG           5.20 10/26/2016    EUR     66.60
Deutsche Bank AG           5.20 10/26/2016    EUR     60.30
Deutsche Bank AG           5.20 11/23/2016    EUR     70.70
Deutsche Bank AG           5.20 11/23/2016    EUR     67.00
Deutsche Bank AG           5.20 11/23/2016    EUR     60.70
Deutsche Bank AG           5.20  3/21/2017    EUR     62.30
Deutsche Bank AG           5.20 10/26/2016    EUR     47.80
Deutsche Bank AG           5.20 10/26/2016    EUR     46.00
Deutsche Bank AG           5.20 11/23/2016    EUR     48.20
Deutsche Bank AG           5.20 11/23/2016    EUR     46.30
Deutsche Bank AG           5.20  3/21/2017    EUR     56.70
Deutsche Bank AG           5.20 10/26/2016    EUR     74.90
Deutsche Bank AG           5.50 12/20/2016    EUR     74.00
Deutsche Bank AG           6.50 12/20/2016    EUR     74.30
Deutsche Bank AG           6.50 12/20/2016    EUR     70.80
Deutsche Bank AG           5.50 12/20/2016    EUR     70.60
Deutsche Bank AG           5.50  3/21/2017    EUR     71.80
Deutsche Bank AG           6.50  3/21/2017    EUR     72.30
Deutsche Bank AG           6.50 12/20/2016    EUR     73.50
Deutsche Bank AG           5.50 12/20/2016    EUR     73.30
Bank Julius Baer & Co L   11.35 11/18/2016    CHF     36.30
Bank Julius Baer & Co L    7.10 11/18/2016    EUR     61.65
Bank Julius Baer & Co L    5.50 11/18/2016    CHF     74.10
UBS AG/London              9.00 11/11/2016    CHF     48.39
Vontobel Financial Prod   10.50 10/28/2016    EUR     73.91
Vontobel Financial Prod   11.00 12/23/2016    EUR     72.88
Vontobel Financial Prod   13.00 12/23/2016    EUR     70.76
Leonteq Securities AG      7.40 11/20/2017    EUR     63.03
Property Lease Fund SA     9.00 12/23/2016    PLN     42.00
Bank J Safra Sarasin AG    8.30 11/11/2016    CHF     72.73
Credit Suisse AG/Nassau    8.00 11/24/2016    CHF     70.31
Vontobel Financial Prod   12.00 12/23/2016    EUR     43.37
Vontobel Financial Prod   10.50 12/23/2016    EUR     44.51
Vontobel Financial Prod    9.00 12/23/2016    EUR     48.39
Vontobel Financial Prod    7.00 12/23/2016    EUR     73.91
Vontobel Financial Prod    6.50 12/23/2016    EUR     74.26
Vontobel Financial Prod   12.55 12/23/2016    EUR     74.84
Vontobel Financial Prod   15.00 12/23/2016    EUR     72.17
Vontobel Financial Prod   16.00 12/23/2016    EUR     74.32
UniCredit Bank AG          7.00 12/28/2016    EUR     67.78
Commerzbank AG             8.50 11/24/2016    EUR     74.36
Commerzbank AG             8.50 11/24/2016    EUR     48.97
Commerzbank AG            13.50 10/27/2016    EUR     74.52
Deutsche Bank AG           5.20  6/20/2017    EUR     75.00
Deutsche Bank AG           5.20  6/20/2017    EUR     74.50
Deutsche Bank AG           7.20  6/20/2017    EUR     72.60
Deutsche Bank AG           5.20  6/20/2017    EUR     71.10
Deutsche Bank AG           7.20  6/20/2017    EUR     69.40
Deutsche Bank AG           5.20  6/20/2017    EUR     67.90
Deutsche Bank AG           5.20  6/20/2017    EUR     64.90
Deutsche Bank AG           7.20  6/20/2017    EUR     66.40
Deutsche Bank AG           5.20  6/20/2017    EUR     62.10
Deutsche Bank AG           7.20  6/20/2017    EUR     63.60
Deutsche Bank AG           5.20  3/21/2017    EUR     59.30
Deutsche Bank AG           7.20  3/21/2017    EUR     60.30
Deutsche Bank AG           7.20  3/21/2017    EUR     57.70
Deutsche Bank AG           7.20  3/21/2017    EUR     55.20
Deutsche Bank AG           7.20  3/21/2017    EUR     53.00
Deutsche Bank AG           7.20  6/20/2017    EUR     61.80
Deutsche Bank AG           5.20  6/20/2017    EUR     57.70
Deutsche Bank AG           7.20  6/20/2017    EUR     59.60
Deutsche Bank AG           5.20  6/20/2017    EUR     55.30
Deutsche Bank AG           7.20  6/20/2017    EUR     56.80
Deutsche Bank AG           5.20  6/20/2017    EUR     53.10
Deutsche Bank AG           7.20  6/20/2017    EUR     54.60
Deutsche Bank AG           7.20  6/20/2017    EUR     52.60
Deutsche Bank AG           5.20  6/20/2017    EUR     51.10
Deutsche Bank AG           7.20  6/20/2017    EUR     50.70
Deutsche Bank AG           5.20  6/20/2017    EUR     49.20
Deutsche Bank AG           5.20  3/21/2017    EUR     72.90
Deutsche Bank AG           5.20  6/20/2017    EUR     74.90
Deutsche Bank AG           5.20  6/20/2017    EUR     72.50
Deutsche Bank AG           7.20  6/20/2017    EUR     73.90
DZ Bank AG Deutsche Zen    7.80 12/23/2016    EUR     64.76
DZ Bank AG Deutsche Zen    7.70  3/24/2017    EUR     66.50
Vontobel Financial Prod   10.00 12/23/2016    EUR     72.61
Commerzbank AG             4.50 11/24/2016    EUR     54.16
Commerzbank AG             5.00 11/24/2016    EUR     53.01
Commerzbank AG             5.75 11/24/2016    EUR     51.97
Commerzbank AG             6.25 11/24/2016    EUR     50.95
Commerzbank AG             7.00 11/24/2016    EUR     49.99
Commerzbank AG             7.75 11/24/2016    EUR     49.10
Commerzbank AG             8.50 11/24/2016    EUR     48.25
Commerzbank AG             9.00 11/24/2016    EUR     73.85
Commerzbank AG             9.25 11/24/2016    EUR     47.42
Commerzbank AG            12.25 11/24/2016    EUR     74.89
Commerzbank AG             8.00 11/24/2016    EUR     74.84
Commerzbank AG             9.75 11/24/2016    EUR     71.25
Commerzbank AG            11.75 11/24/2016    EUR     68.08
Commerzbank AG             9.50 11/24/2016    EUR     72.62
Vontobel Financial Prod    9.00 11/25/2016    EUR     74.47
Vontobel Financial Prod   13.10 12/23/2016    EUR     74.53
Vontobel Financial Prod   10.50 11/25/2016    EUR     71.90
Vontobel Financial Prod    9.50 12/23/2016    EUR     73.62
Bank Julius Baer & Co L    6.50  12/2/2016    EUR     48.45
UniCredit Bank AG          5.00  6/22/2017    EUR     50.99
UniCredit Bank AG          4.80  6/22/2017    EUR     52.33
UniCredit Bank AG          4.60  6/22/2017    EUR     53.78
UniCredit Bank AG          4.60  6/22/2017    EUR     54.34
UniCredit Bank AG          4.40  6/22/2017    EUR     55.34
UniCredit Bank AG          4.40  6/22/2017    EUR     56.53
UniCredit Bank AG          4.40  6/22/2017    EUR     57.17
UniCredit Bank AG          4.20  6/22/2017    EUR     57.64
UniCredit Bank AG          5.00  6/22/2017    EUR     51.46
UniCredit Bank AG          5.00  6/22/2017    EUR     51.98
UniCredit Bank AG          4.80  6/22/2017    EUR     52.85
UniCredit Bank AG          4.80  6/22/2017    EUR     53.38
UniCredit Bank AG          4.60  6/22/2017    EUR     54.90
UniCredit Bank AG          4.40  6/22/2017    EUR     55.95
UniCredit Bank AG          4.20  6/22/2017    EUR     58.27
Goldman Sachs & Co Wert   18.00  3/22/2017    EUR     71.69
Deutsche Bank AG           6.20 10/26/2016    EUR     73.60
Deutsche Bank AG           4.20 10/26/2016    EUR     73.40
Deutsche Bank AG           6.20 10/26/2016    EUR     70.80
Deutsche Bank AG           4.20 10/26/2016    EUR     70.60
Deutsche Bank AG           4.20 11/23/2016    EUR     73.70
Deutsche Bank AG           6.20 11/23/2016    EUR     74.00
Deutsche Bank AG           4.20 11/23/2016    EUR     70.90
Deutsche Bank AG           6.20 11/23/2016    EUR     71.20
Deutsche Bank AG           6.20 10/26/2016    EUR     70.40
Deutsche Bank AG           6.20 10/26/2016    EUR     57.70
Deutsche Bank AG           4.20 11/23/2016    EUR     70.50
Deutsche Bank AG           6.20 11/23/2016    EUR     70.80
Deutsche Bank AG           6.20 11/23/2016    EUR     58.20
Deutsche Bank AG           4.20 10/26/2016    EUR     54.50
Deutsche Bank AG           4.20 11/23/2016    EUR     54.90
Deutsche Bank AG           6.20 10/26/2016    EUR     75.00
Deutsche Bank AG           4.20 10/26/2016    EUR     74.80
Deutsche Bank AG           4.20 10/26/2016    EUR     71.90
Deutsche Bank AG           4.20 11/23/2016    EUR     74.90
Deutsche Bank AG           4.20 11/23/2016    EUR     72.00
Deutsche Bank AG           4.20 12/20/2016    EUR     75.00
Deutsche Bank AG           4.20 10/26/2016    EUR     75.00
Leonteq Securities AG      9.60  12/7/2016    CHF     70.38
Vontobel Financial Prod    4.70 12/23/2016    EUR     73.57
DZ Bank AG Deutsche Zen    4.00  12/7/2016    EUR     56.25
Zurcher Kantonalbank Fi   12.00  12/8/2016    CHF     70.57
Credit Suisse AG/London    7.25  12/7/2016    CHF     69.45
Deutsche Bank AG           9.20 11/23/2016    EUR     61.10
Deutsche Bank AG           7.20 11/23/2016    EUR     60.70
Deutsche Bank AG           5.20 11/23/2016    EUR     60.40
Deutsche Bank AG           5.20 11/23/2016    EUR     56.70
Deutsche Bank AG           9.20 11/23/2016    EUR     57.30
Deutsche Bank AG           7.20 11/23/2016    EUR     57.00
Deutsche Bank AG           7.20  7/26/2017    EUR     63.90
Deutsche Bank AG           9.20  7/26/2017    EUR     65.60
Deutsche Bank AG           5.20  7/26/2017    EUR     62.20
Deutsche Bank AG           5.20  7/26/2017    EUR     58.80
Deutsche Bank AG           7.20  7/26/2017    EUR     60.50
Deutsche Bank AG           9.20  7/26/2017    EUR     62.20
UBS AG/London             10.00 11/25/2016    CHF     69.20
Bank Julius Baer & Co L    5.60  12/8/2016    CHF     60.05
Bank Julius Baer & Co L    5.90  12/8/2016    CHF     53.95
Vontobel Financial Prod   12.50 12/23/2016    EUR     72.18
Vontobel Financial Prod    6.50 12/23/2016    EUR     71.54
UniCredit Bank AG          4.30 12/22/2017    EUR     44.55
Landesbank Baden-Wuertt    4.90 10/28/2016    EUR     48.47
DekaBank Deutsche Giroz    3.30  2/26/2018    EUR     38.49
UniCredit Bank AG          4.40  11/2/2017    EUR     70.65
UniCredit Bank AG          4.30 10/29/2018    EUR     62.12
DekaBank Deutsche Giroz    3.45   6/1/2018    EUR     57.07
Landesbank Baden-Wuertt    3.00  5/25/2018    EUR     51.44
HSBC Trinkaus & Burkhar    5.00 11/14/2016    EUR     37.84
Notenstein La Roche Pri    8.50 11/28/2016    CHF     41.52
Leonteq Securities AG/G    7.60 11/28/2016    CHF     68.95
Leonteq Securities AG/G    6.00 11/28/2016    CHF     53.95
Notenstein La Roche Pri    6.20 11/21/2016    CHF     63.89
Societe Generale SA        1.00 12/22/2017    GBP      0.99
Commerzbank AG            12.50  1/26/2017    EUR     68.98
Vontobel Financial Prod    8.00  9/29/2017    EUR     72.12
Landesbank Baden-Wuertt    5.00  9/22/2017    EUR     73.88
Landesbank Baden-Wuertt    3.00  9/22/2017    EUR     60.64
Landesbank Baden-Wuertt    4.00  9/22/2017    EUR     57.49
Landesbank Baden-Wuertt    5.00  9/22/2017    EUR     55.36
Landesbank Baden-Wuertt    6.00  9/22/2017    EUR     53.62
Landesbank Baden-Wuertt    3.00  9/22/2017    EUR     55.40
Landesbank Baden-Wuertt    3.00  9/22/2017    EUR     72.75
Landesbank Baden-Wuertt    4.00  9/22/2017    EUR     69.20
Landesbank Baden-Wuertt    5.00  9/22/2017    EUR     66.26
Landesbank Baden-Wuertt    4.00  9/22/2017    EUR     74.13
Leonteq Securities AG      6.00 10/12/2017    CHF     61.18
Leonteq Securities AG     10.00 10/12/2016    CHF     59.06
SAir Group                 2.75  7/30/2004    CHF     12.13
UniCredit Bank AG          4.50  9/19/2017    EUR     39.18
UniCredit Bank AG          5.40  6/30/2017    EUR     56.51
Landesbank Hessen-Thuer    5.60  7/11/2017    EUR     48.85
Deutsche Bank AG           4.20 10/26/2016    EUR     52.10
Deutsche Bank AG           6.20 10/26/2016    EUR     47.90
Deutsche Bank AG           6.20 10/26/2016    EUR     44.30
Deutsche Bank AG           4.20 11/23/2016    EUR     52.40
Deutsche Bank AG           4.20 11/23/2016    EUR     50.10
Deutsche Bank AG           6.20 11/23/2016    EUR     48.40
Deutsche Bank AG           4.20 11/23/2016    EUR     48.10
Deutsche Bank AG           6.20 11/23/2016    EUR     46.50
Deutsche Bank AG           6.20 11/23/2016    EUR     44.80
Ladya Finans LLC          12.00 10/29/2021    RUB     64.03
UniCredit Bank AG          4.50 12/22/2016    EUR     74.34
Vontobel Financial Prod   11.00  12/9/2016    EUR     68.70
Societe Generale Effekt   12.08  3/24/2017    EUR     73.75
Societe Generale Effekt   14.61  3/24/2017    EUR     70.62
Societe Generale Effekt   17.29  3/24/2017    EUR     67.99
Commerzbank AG            12.00  1/26/2017    EUR     72.99
UniCredit Bank AG          4.60 12/22/2016    EUR     73.84
UniCredit Bank AG          4.25 12/22/2016    EUR     74.81
DZ Bank AG Deutsche Zen   10.25 12/19/2016    EUR     71.93
DZ Bank AG Deutsche Zen    9.00  3/20/2017    EUR     72.06
DZ Bank AG Deutsche Zen    9.00 12/23/2016    EUR     74.98
Societe Generale Effekt   13.87  6/23/2017    EUR     73.58
Societe Generale Effekt   16.44  6/23/2017    EUR     71.09
Societe Generale Effekt   19.62  6/23/2017    EUR     68.68
Commerzbank AG            14.50  1/26/2017    EUR     68.74
Commerzbank AG            17.25  1/26/2017    EUR     65.10
Goldman Sachs & Co Wert   22.00  3/22/2017    EUR     72.10
Goldman Sachs & Co Wert   21.00  4/26/2017    EUR     73.62
DZ Bank AG Deutsche Zen   10.40  6/19/2017    EUR     72.16
Vontobel Financial Prod   10.00  3/24/2017    EUR     74.94
Vontobel Financial Prod   15.00  3/24/2017    EUR     66.96
DZ Bank AG Deutsche Zen   10.00  6/19/2017    EUR     71.19
Vontobel Financial Prod   16.50  3/24/2017    EUR     73.24
Deutsche Bank AG           5.50 12/20/2016    EUR     72.80
Deutsche Bank AG           6.50 12/20/2016    EUR     73.10
Vontobel Financial Prod    8.55 12/23/2016    EUR     58.74
Goldman Sachs & Co Wert   25.00 12/21/2016    EUR     74.41
Goldman Sachs & Co Wert   14.00 10/26/2016    EUR     71.18
Goldman Sachs & Co Wert   19.00 11/23/2016    EUR     66.06
Goldman Sachs & Co Wert   25.00 11/23/2016    EUR     61.27
Goldman Sachs & Co Wert   23.00 12/21/2016    EUR     62.73
Goldman Sachs & Co Wert   20.00  2/22/2017    EUR     65.56
Goldman Sachs & Co Wert   14.00  6/21/2017    EUR     71.87
Goldman Sachs & Co Wert   15.00  9/20/2017    EUR     71.11
Goldman Sachs & Co Wert    8.00 11/23/2016    EUR     60.96
Goldman Sachs & Co Wert    7.00  1/25/2017    EUR     61.99
Goldman Sachs & Co Wert    5.00  2/22/2017    EUR     68.45
Goldman Sachs & Co Wert    6.00  2/22/2017    EUR     65.32
Goldman Sachs & Co Wert   15.00  2/22/2017    EUR     53.44
Goldman Sachs & Co Wert   19.00  2/22/2017    EUR     51.44
Goldman Sachs & Co Wert    8.00  9/20/2017    EUR     61.63
Goldman Sachs & Co Wert    5.00 12/20/2017    EUR     70.45
Goldman Sachs & Co Wert    8.00 12/20/2017    EUR     63.47
Goldman Sachs & Co Wert   21.00  1/25/2017    EUR     65.02
Goldman Sachs & Co Wert   14.00  2/22/2017    EUR     71.01
Goldman Sachs & Co Wert   16.00  6/21/2017    EUR     68.86
Goldman Sachs & Co Wert   20.00  2/22/2017    EUR     66.21
Deutsche Bank AG           5.50 12/20/2016    EUR     74.90
DZ Bank AG Deutsche Zen    7.20 12/23/2016    EUR     60.61
DZ Bank AG Deutsche Zen    6.40  3/24/2017    EUR     61.91
DZ Bank AG Deutsche Zen    6.00 12/19/2016    EUR     63.77
DZ Bank AG Deutsche Zen    5.60  3/20/2017    EUR     64.88
DZ Bank AG Deutsche Zen    5.25  3/24/2017    EUR     61.35
Vontobel Financial Prod    8.00  3/24/2017    EUR     66.59
Deutsche Bank AG           5.20  2/22/2017    EUR     65.10
Deutsche Bank AG           7.20  2/22/2017    EUR     65.90
Deutsche Bank AG           7.20  2/22/2017    EUR     62.70
Deutsche Bank AG           5.20  2/22/2017    EUR     61.90
Deutsche Bank AG           7.20  2/22/2017    EUR     59.80
Deutsche Bank AG           5.20  2/22/2017    EUR     59.00
Deutsche Bank AG           5.20  2/22/2017    EUR     56.30
Deutsche Bank AG           7.20  2/22/2017    EUR     57.10
Deutsche Bank AG           5.20  2/22/2017    EUR     71.70
Deutsche Bank AG           5.20  1/25/2017    EUR     71.30
Deutsche Bank AG           7.20  1/25/2017    EUR     72.00
Deutsche Bank AG           5.20  1/25/2017    EUR     64.80
Deutsche Bank AG           7.20  1/25/2017    EUR     65.50
Deutsche Bank AG           7.20  1/25/2017    EUR     62.20
Deutsche Bank AG           5.20  1/25/2017    EUR     61.60
Deutsche Bank AG           5.20  1/25/2017    EUR     58.60
Deutsche Bank AG           7.20  1/25/2017    EUR     59.30
Deutsche Bank AG           7.20  1/25/2017    EUR     56.60
Goldman Sachs & Co Wert   10.00  1/25/2017    EUR     73.05
Vontobel Financial Prod    5.00  3/24/2017    EUR     65.21
Vontobel Financial Prod    6.05  3/24/2017    EUR     62.54
Vontobel Financial Prod    7.50  3/24/2017    EUR     60.34
Vontobel Financial Prod    9.00  3/24/2017    EUR     58.39
Vontobel Financial Prod   10.50  3/24/2017    EUR     56.73
Vontobel Financial Prod   12.00  3/24/2017    EUR     55.24
Vontobel Financial Prod    3.00 11/25/2016    EUR     71.26
Vontobel Financial Prod    3.50 11/25/2016    EUR     69.22
Vontobel Financial Prod   10.60 12/23/2016    EUR     56.55
Vontobel Financial Prod    7.00 12/23/2016    EUR     61.33
Vontobel Financial Prod    5.50 12/23/2016    EUR     64.23
Vontobel Financial Prod    4.00 12/23/2016    EUR     67.55
Vontobel Financial Prod    4.00  3/24/2017    EUR     68.21
Goldman Sachs & Co Wert   25.00 10/26/2016    EUR     72.30
Goldman Sachs & Co Wert   13.00 12/21/2016    EUR     73.01
Goldman Sachs & Co Wert   12.00  1/25/2017    EUR     73.89
Goldman Sachs & Co Wert   17.00  1/25/2017    EUR     68.70
Goldman Sachs & Co Wert   22.00  1/25/2017    EUR     64.67
Goldman Sachs & Co Wert   12.00  2/22/2017    EUR     74.70
Goldman Sachs & Co Wert   15.00  3/22/2017    EUR     70.29
Goldman Sachs & Co Wert   17.00  6/21/2017    EUR     68.69
Goldman Sachs & Co Wert   14.00 12/20/2017    EUR     73.31
Goldman Sachs & Co Wert    7.00 10/26/2016    EUR     63.55
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     61.53
Goldman Sachs & Co Wert   10.00  1/25/2017    EUR     57.35
Goldman Sachs & Co Wert    4.00  2/22/2017    EUR     71.89
Goldman Sachs & Co Wert    7.00  2/22/2017    EUR     62.50
Goldman Sachs & Co Wert   10.00  2/22/2017    EUR     58.12
Goldman Sachs & Co Wert    6.00  9/20/2017    EUR     64.87
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     58.88
Goldman Sachs & Co Wert    6.00  9/20/2017    EUR     67.76
Goldman Sachs & Co Wert    5.00 12/20/2017    EUR     67.54
Credit Suisse AG/London    6.00  1/23/2017    CHF     71.56
DekaBank Deutsche Giroz    7.40  1/13/2017    EUR     72.07
Landesbank Baden-Wuertt    7.60 12/23/2016    EUR     55.05
DZ Bank AG Deutsche Zen    5.75 12/23/2016    EUR     61.40
Landesbank Baden-Wuertt    3.00  1/27/2017    EUR     71.76
Landesbank Baden-Wuertt    4.00  1/27/2017    EUR     68.55
Landesbank Baden-Wuertt    5.00  1/27/2017    EUR     66.04
Deutsche Bank AG           5.20  2/22/2017    EUR     71.60
Deutsche Bank AG           7.20  2/22/2017    EUR     72.40
Deutsche Bank AG           7.20  2/22/2017    EUR     72.50
Vontobel Financial Prod   10.00 12/23/2016    EUR     56.40
Vontobel Financial Prod   13.15 12/23/2016    EUR     73.80
Vontobel Financial Prod   12.95  3/24/2017    EUR     72.63
DZ Bank AG Deutsche Zen   15.50  1/27/2017    EUR     60.30
UBS AG/London              9.40  4/18/2017    EUR     72.06
DZ Bank AG Deutsche Zen    5.75 12/19/2016    EUR     70.17
DZ Bank AG Deutsche Zen    6.00  3/20/2017    EUR     71.59
Bank Julius Baer & Co L    9.00  1/19/2017    CHF     67.40
HSBC Trinkaus & Burkhar    8.80  6/23/2017    EUR     74.22
HSBC Trinkaus & Burkhar   11.00 12/23/2016    EUR     54.30
HSBC Trinkaus & Burkhar    7.40 12/23/2016    EUR     58.58
HSBC Trinkaus & Burkhar    6.00 10/28/2016    EUR     60.35
HSBC Trinkaus & Burkhar    8.80  1/27/2017    EUR     57.06
Vontobel Financial Prod    4.70  12/9/2016    EUR     70.82
Vontobel Financial Prod   13.50  3/24/2017    EUR     67.44
Societe Generale SA        5.10   9/5/2017    EUR     71.95
Leonteq Securities AG      6.00  1/30/2017    CHF     68.33
HSBC Trinkaus & Burkhar    5.00  1/30/2018    EUR     67.62
DekaBank Deutsche Giroz    2.75  7/17/2019    EUR     55.19
Vontobel Financial Prod    6.20   2/4/2019    EUR     71.08
BNP Paribas Emissions-     7.50 12/22/2016    EUR     72.97
BNP Paribas Emissions-    10.00 12/22/2016    EUR     64.73
BNP Paribas Emissions-    10.00 12/22/2016    EUR     66.19
BNP Paribas Emissions-     7.50 12/22/2016    EUR     73.84
BNP Paribas Emissions-    10.00 12/22/2016    EUR     67.69
BNP Paribas Emissions-     5.00 12/22/2016    EUR     71.24
BNP Paribas Emissions-     6.00 12/22/2016    EUR     67.60
BNP Paribas Emissions-     7.00 12/22/2016    EUR     64.36
BNP Paribas Emissions-     7.50 12/22/2016    EUR     62.88
BNP Paribas Emissions-     9.50 12/22/2016    EUR     71.49
BNP Paribas Emissions-     6.00 12/22/2016    EUR     71.41
BNP Paribas Emissions-     6.50 12/22/2016    EUR     67.90
BNP Paribas Emissions-     8.50 12/22/2016    EUR     62.10
BNP Paribas Emissions-     9.00 12/22/2016    EUR     59.49
BNP Paribas Emissions-     6.00 12/22/2016    EUR     53.08
BNP Paribas Emissions-     6.50 12/22/2016    EUR     50.96
BNP Paribas Emissions-     8.00 12/22/2016    EUR     47.36
BNP Paribas Emissions-     9.00 12/22/2016    EUR     45.85
BNP Paribas Emissions-     5.50 12/22/2016    EUR     66.06
BNP Paribas Emissions-    10.00 12/22/2016    EUR     55.56
Notenstein La Roche Pri    8.00   2/6/2017    EUR     62.98
Landesbank Hessen-Thuer    8.25   3/6/2020    EUR     74.19
Leonteq Securities AG      6.00  2/20/2017    CHF     56.76
Bayerische Landesbank      3.00   3/9/2018    EUR     74.26
Notenstein La Roche Pri    8.80  2/13/2017    CHF     72.40
DekaBank Deutsche Giroz    2.75   2/2/2018    EUR     65.82
Commerzbank AG             5.24  2/16/2017    EUR     58.27
Leonteq Securities AG      7.20   3/6/2017    CHF     59.97
Leonteq Securities AG      7.80  2/27/2017    EUR     56.24
Notenstein La Roche Pri    5.00  2/27/2019    CHF     63.01
Notenstein La Roche Pri    5.70  2/27/2019    CHF     62.71
DekaBank Deutsche Giroz    2.40  2/17/2017    EUR     58.45
UniCredit Bank AG          5.00  6/25/2019    EUR     47.24
Landesbank Hessen-Thuer    5.00  3/27/2019    EUR     56.17
Bayerische Landesbank      2.60  3/29/2018    EUR     50.48
EFG International Finan    7.20  2/25/2019    EUR     46.36
Leonteq Securities AG      5.20   3/6/2017    CHF     65.77
DekaBank Deutsche Giroz    2.50  2/24/2017    EUR     73.67
DekaBank Deutsche Giroz    3.05  2/25/2019    EUR     72.27
BNP Paribas Emissions-     8.00 12/22/2016    EUR     69.90
BNP Paribas Emissions-     9.00 12/22/2016    EUR     72.18
BNP Paribas Emissions-     6.00 12/22/2016    EUR     70.07
BNP Paribas Emissions-     8.50 12/22/2016    EUR     63.68
BNP Paribas Emissions-     8.50 12/22/2016    EUR     69.49
BNP Paribas Emissions-     9.00 12/22/2016    EUR     72.43
BNP Paribas Emissions-    10.00 12/22/2016    EUR     70.07
BNP Paribas Emissions-     5.50 12/22/2016    EUR     67.67
BNP Paribas Emissions-     8.00 12/22/2016    EUR     59.26
BNP Paribas Emissions-    11.00 12/22/2016    EUR     71.63
BNP Paribas Emissions-     6.00 12/22/2016    EUR     46.90
BNP Paribas Emissions-     7.50 12/22/2016    EUR     43.89
BNP Paribas Emissions-     8.00 12/22/2016    EUR     42.50
Vontobel Financial Prod    5.35   3/3/2017    EUR     41.17
Vontobel Financial Prod    5.40   3/3/2017    EUR     57.85
EFG International Finan    8.99   9/4/2017    EUR     29.79
Landesbank Hessen-Thuer    4.00   4/8/2019    EUR     57.90
Bank Julius Baer & Co L    6.50   3/6/2017    CHF     64.55
Leonteq Securities AG      5.25  3/19/2018    CHF     68.17
Notenstein La Roche Pri    6.50  3/13/2017    EUR     45.22
DZ Bank AG Deutsche Zen    2.00 12/16/2016    EUR     64.58
Vontobel Financial Prod    4.60 12/23/2016    EUR     61.42
Notenstein La Roche Pri    7.00  3/10/2017    EUR     72.06
Leonteq Securities AG      7.00  9/20/2017    CHF     71.67
Commerzbank AG             7.20   3/9/2017    EUR     70.77
Credit Suisse AG/Nassau    6.25  9/26/2016    CHF     58.91
Deutsche Bank AG           6.20 12/20/2016    EUR     60.70
Deutsche Bank AG           5.20 12/20/2016    EUR     60.50
Deutsche Bank AG           5.20 12/20/2016    EUR     57.60
Deutsche Bank AG           6.20 12/20/2016    EUR     74.50
Deutsche Bank AG           5.20 12/20/2016    EUR     74.30
Deutsche Bank AG           6.20 12/20/2016    EUR     71.70
Deutsche Bank AG           5.20 12/20/2016    EUR     71.50
Deutsche Bank AG           6.20 12/20/2016    EUR     73.30
Deutsche Bank AG           5.20 12/20/2016    EUR     73.00
Deutsche Bank AG           5.20 12/20/2016    EUR     69.80
Deutsche Bank AG           6.20 12/20/2016    EUR     70.00
Deutsche Bank AG           5.20 12/20/2016    EUR     61.10
Deutsche Bank AG           6.20 12/20/2016    EUR     61.30
Deutsche Bank AG           6.20 12/20/2016    EUR     58.60
Deutsche Bank AG           5.20 12/20/2016    EUR     58.40
Deutsche Bank AG           5.20 12/20/2016    EUR     55.90
Deutsche Bank AG           6.20 12/20/2016    EUR     56.10
Deutsche Bank AG           6.20 12/20/2016    EUR     45.20
Deutsche Bank AG           5.20 12/20/2016    EUR     45.00
Deutsche Bank AG           5.20 12/20/2016    EUR     43.40
Deutsche Bank AG           6.20 12/20/2016    EUR     43.60
Deutsche Bank AG           6.20 12/20/2016    EUR     42.10
Deutsche Bank AG           5.20 12/20/2016    EUR     41.90
Deutsche Bank AG           5.20 12/20/2016    EUR     40.50
Deutsche Bank AG           6.20 12/20/2016    EUR     40.70
Deutsche Bank AG           5.20 12/20/2016    EUR     68.70
Deutsche Bank AG           6.20 12/20/2016    EUR     69.00
Deutsche Bank AG           5.20 12/20/2016    EUR     66.20
Deutsche Bank AG           6.20 12/20/2016    EUR     66.50
Deutsche Bank AG           6.20 12/20/2016    EUR     56.50
Deutsche Bank AG           5.20 12/20/2016    EUR     56.30
Deutsche Bank AG           5.20 12/20/2016    EUR     54.30
Deutsche Bank AG           6.20 12/20/2016    EUR     61.90
Deutsche Bank AG           6.20 12/20/2016    EUR     57.90
Deutsche Bank AG           5.20 12/20/2016    EUR     55.10
Deutsche Bank AG           6.20 12/20/2016    EUR     55.30
Commerzbank AG             5.80  10/8/2017    EUR     67.61
DZ Bank AG Deutsche Zen    5.20   9/8/2017    EUR     71.37
DZ Bank AG Deutsche Zen    5.60   9/8/2017    EUR     67.90
Landesbank Hessen-Thuer    6.75  4/17/2020    EUR     67.24
DekaBank Deutsche Giroz    3.75  3/10/2017    EUR     65.32
HSBC Trinkaus & Burkhar   14.90 12/23/2016    EUR     74.41
Societe Generale Effekt   12.01 12/23/2016    EUR     74.71
Societe Generale Effekt   16.52 12/23/2016    EUR     66.88
Societe Generale Effekt   17.96  6/23/2017    EUR     74.40
Societe Generale Effekt   20.75  6/23/2017    EUR     71.52
Goldman Sachs & Co Wert   22.00  3/22/2017    EUR     67.33
Vontobel Financial Prod   10.00  3/24/2017    EUR     74.19
HSBC Trinkaus & Burkhar   14.80  3/24/2017    EUR     73.65
Societe Generale Effekt   12.85 12/23/2016    EUR     72.92
Societe Generale Effekt   14.61 12/23/2016    EUR     69.78
Societe Generale Effekt   16.37 12/23/2016    EUR     70.75
Goldman Sachs & Co Wert   19.00  4/26/2017    EUR     70.53
Goldman Sachs & Co Wert   21.00  4/26/2017    EUR     68.81
Goldman Sachs & Co Wert   17.00  9/20/2017    EUR     72.98
Royal Bank of Scotland     6.20   9/7/2018    GBP      1.07
Landesbank Baden-Wuertt    3.00 11/25/2016    EUR     59.45
Exane Finance              6.25 12/20/2019    SEK     65.30
Credit Suisse AG/London    7.80  7/31/2020    USD      8.91
UniCredit Bank AG          4.00 12/22/2016    EUR     74.06
UniCredit Bank AG          4.20 12/22/2016    EUR     73.21
UniCredit Bank AG          4.20 12/22/2016    EUR     69.75
UniCredit Bank AG          4.40 12/22/2016    EUR     69.33
UniCredit Bank AG          4.60 12/22/2016    EUR     66.70
UniCredit Bank AG          4.00 12/22/2016    EUR     72.64
UniCredit Bank AG          4.60 12/22/2016    EUR     68.02
Vontobel Financial Prod    3.50 12/23/2016    EUR     57.53
Vontobel Financial Prod    9.00 12/23/2016    EUR     48.45
DZ Bank AG Deutsche Zen    7.75 11/25/2016    EUR     74.03
DZ Bank AG Deutsche Zen    7.75 12/23/2016    EUR     74.62
DZ Bank AG Deutsche Zen    9.75 11/25/2016    EUR     61.34
DZ Bank AG Deutsche Zen    8.75 11/25/2016    EUR     46.69
DZ Bank AG Deutsche Zen    7.00  3/24/2017    EUR     49.83
DZ Bank AG Deutsche Zen    8.25 11/25/2016    EUR     74.62
Rinol AG                   5.50 10/15/2006    DEM      0.00
KPNQwest NV                7.13   6/1/2009    EUR      0.56
Bayerische Landesbank      2.70  8/10/2018    EUR     72.16
HSBC Trinkaus & Burkhar    5.50  1/31/2017    EUR     63.80
Goldman Sachs & Co Wert    5.00  3/22/2017    EUR     65.49
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     60.82
Goldman Sachs & Co Wert    7.00  6/21/2017    EUR     61.36
Goldman Sachs & Co Wert    5.00  6/21/2017    EUR     51.00
Goldman Sachs & Co Wert    5.00  6/21/2017    EUR     53.02
Goldman Sachs & Co Wert   16.00 12/21/2016    EUR     68.65
Notenstein La Roche Pri    4.20  7/17/2019    CHF     69.20
Landesbank Baden-Wuertt    2.60 12/23/2016    EUR     73.05
Vontobel Financial Prod    4.65  7/24/2017    EUR     61.20
Raiffeisen Centrobank A    7.05  3/22/2017    EUR     71.64
Credit Suisse AG/Nassau    6.00  1/23/2017    CHF     65.21
BNP Paribas Emissions-     4.00  7/27/2017    EUR     65.09
BNP Paribas Emissions-     4.00 10/27/2016    EUR     66.51
BNP Paribas Emissions-     5.50 10/27/2016    EUR     61.54
BNP Paribas Emissions-     3.50  7/27/2017    EUR     70.13
Notenstein La Roche Pri    3.00  7/31/2018    CHF     72.80
Goldman Sachs & Co Wert   16.00 12/21/2016    EUR     70.35
Notenstein La Roche Pri    5.70  1/24/2019    CHF     74.27
Leonteq Securities AG      9.00 10/24/2016    EUR     68.46
Commerzbank AG             6.00   2/5/2018    EUR     73.43
Leonteq Securities AG     11.00   1/9/2017    EUR     59.40
Vontobel Financial Prod   11.90  10/7/2016    EUR     73.34
Credit Suisse AG/London    7.80  7/16/2025    USD      8.57
JP Morgan Structured Pr    3.60  7/17/2017    USD     60.67
Landesbank Baden-Wuertt    2.90  7/27/2018    EUR     50.32
Landesbank Baden-Wuertt    2.70  7/26/2019    EUR     70.46
Landesbank Baden-Wuertt    2.55  7/26/2019    EUR     72.92
Credit Suisse AG/London    7.00  7/31/2025    USD      9.91
Leonteq Securities AG      8.00 10/31/2016    CHF     69.18
UniCredit Bank AG          4.20 12/22/2016    EUR     72.34
UniCredit Bank AG          4.00 12/22/2016    EUR     73.15
UniCredit Bank AG          4.20 12/22/2016    EUR     70.22
UniCredit Bank AG          4.40 12/22/2016    EUR     68.42
UniCredit Bank AG          4.60 12/22/2016    EUR     67.57
UniCredit Bank AG          4.00 12/22/2016    EUR     74.97
UniCredit Bank AG          4.00 12/22/2016    EUR     72.13
UniCredit Bank AG          4.20 12/22/2016    EUR     71.19
UniCredit Bank AG          4.20 12/22/2016    EUR     70.70
UniCredit Bank AG          4.40 12/22/2016    EUR     68.87
UniCredit Bank AG          4.60 12/22/2016    EUR     67.14
UniCredit Bank AG          4.20 12/22/2016    EUR     71.48
UBS AG/London             10.10  3/10/2017    EUR     71.44
DZ Bank AG Deutsche Zen    8.00  3/24/2017    EUR     71.77
DZ Bank AG Deutsche Zen   10.00 12/23/2016    EUR     72.14
DZ Bank AG Deutsche Zen    8.00  3/24/2017    EUR     73.62
DZ Bank AG Deutsche Zen    8.50 11/25/2016    EUR     74.15
DZ Bank AG Deutsche Zen    5.50 11/25/2016    EUR     67.60
DZ Bank AG Deutsche Zen    7.75 12/23/2016    EUR     48.26
DZ Bank AG Deutsche Zen   15.00 11/25/2016    EUR     66.83
Notenstein La Roche Pri    8.99  7/22/2019    EUR     54.20
Leonteq Securities AG     16.00 10/31/2016    CHF     47.46
Leonteq Securities AG      9.00 10/31/2016    EUR     51.92
UniCredit Bank AG          4.00 12/22/2016    EUR     71.64
UniCredit Bank AG          4.40 12/22/2016    EUR     70.70
UniCredit Bank AG          4.40 12/22/2016    EUR     69.88
DZ Bank AG Deutsche Zen    6.00  3/24/2017    EUR     70.93
Vontobel Financial Prod    9.75 12/23/2016    EUR     74.81
Vontobel Financial Prod   12.50 12/23/2016    EUR     71.14
Vontobel Financial Prod    6.10 12/23/2016    EUR     51.87
Vontobel Financial Prod    7.50 12/23/2016    EUR     50.06
DZ Bank AG Deutsche Zen    9.00  3/24/2017    EUR     72.60
DZ Bank AG Deutsche Zen    5.75 11/25/2016    EUR     49.61
DZ Bank AG Deutsche Zen   12.75 12/23/2016    EUR     69.12
DZ Bank AG Deutsche Zen    9.75  3/24/2017    EUR     70.55
Bank Julius Baer & Co L   11.10 11/23/2016    CHF     60.25
Lehman Brothers Treasur    9.25  6/20/2012    USD      0.75
Lehman Brothers Treasur    3.00  9/13/2010    JPY     11.88
Vontobel Financial Prod   16.00 12/23/2016    EUR     74.63
Soyuz AKB OAO             11.25  6/11/2020    RUB     60.30
MRSK Yuga PJSC            13.50   6/8/2020    RUB     70.00
Societe Generale SA        0.50   8/4/2021    BRL     61.00
Lehman Brothers Treasur    5.25 11/21/2009    USD      0.75
Vontobel Financial Prod   12.00  3/24/2017    EUR     70.38
Vontobel Financial Prod   14.00  3/24/2017    EUR     68.02
Vontobel Financial Prod   16.00  3/24/2017    EUR     65.96
Vontobel Financial Prod   17.00  3/24/2017    EUR     65.03
DZ Bank AG Deutsche Zen    9.00  6/19/2017    EUR     74.30
Deutsche Bank AG           7.20 12/20/2016    EUR     74.80
Deutsche Bank AG           5.20 12/20/2016    EUR     74.30
Bank Nederlandse Gemeen    0.50  6/22/2021    ZAR     66.22
DZ Bank AG Deutsche Zen   16.00 12/23/2016    EUR     72.83
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     67.64
Goldman Sachs & Co Wert   11.00  6/21/2017    EUR     68.38
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     63.92
Goldman Sachs & Co Wert   11.00  6/21/2017    EUR     64.66
Deutsche Bank AG           5.20  6/20/2017    EUR     74.60
Societe Generale SA        0.50  6/12/2023    RUB     57.55
Bank VTB 24 JSC            3.00 11/26/2043    RUB     60.03
Vontobel Financial Prod   18.50 12/23/2016    EUR     71.34
Societe Generale SA        0.50   7/6/2021    BRL     61.42
Vontobel Financial Prod   15.00  3/24/2017    EUR     74.30
Goldman Sachs & Co Wert   24.00 10/26/2016    EUR     72.76
Goldman Sachs & Co Wert   22.00 11/23/2016    EUR     74.25
Goldman Sachs & Co Wert   24.00 12/21/2016    EUR     72.19
Goldman Sachs & Co Wert   23.00  2/22/2017    EUR     72.23
Goldman Sachs & Co Wert   22.00  3/22/2017    EUR     73.43
Goldman Sachs & Co Wert   25.00  1/25/2017    EUR     71.17
Goldman Sachs & Co Wert   24.00 11/23/2016    EUR     73.49
Goldman Sachs & Co Wert   22.00 12/21/2016    EUR     74.82
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     68.23
DZ Bank AG Deutsche Zen    8.00  3/24/2017    EUR     69.91
HSBC Trinkaus & Burkhar   15.50 12/23/2016    EUR     65.13
HSBC Trinkaus & Burkhar    8.60  6/23/2017    EUR     73.79
HSBC Trinkaus & Burkhar    9.20  9/22/2017    EUR     72.39
HSBC Trinkaus & Burkhar   14.50 10/28/2016    EUR     66.21
HSBC Trinkaus & Burkhar    9.50 10/28/2016    EUR     74.14
HSBC Trinkaus & Burkhar   13.70 11/25/2016    EUR     67.17
HSBC Trinkaus & Burkhar    9.10 11/25/2016    EUR     74.69
HSBC Trinkaus & Burkhar   11.80  2/24/2017    EUR     69.59
HSBC Trinkaus & Burkhar   13.70  3/24/2017    EUR     74.78
DZ Bank AG Deutsche Zen   15.00  2/24/2017    EUR     71.38
HSBC Trinkaus & Burkhar   10.70 12/23/2016    EUR     71.32
HSBC Trinkaus & Burkhar   13.20  3/24/2017    EUR     67.73
HSBC Trinkaus & Burkhar    9.60  3/24/2017    EUR     72.93
HSBC Trinkaus & Burkhar   12.30  6/23/2017    EUR     68.42
HSBC Trinkaus & Burkhar   11.60  6/23/2017    EUR     69.41
HSBC Trinkaus & Burkhar   16.50 12/23/2016    EUR     72.18
Goldman Sachs & Co Wert   25.00 10/26/2016    EUR     73.64
Goldman Sachs & Co Wert   25.00 11/23/2016    EUR     73.98
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     62.83
Goldman Sachs & Co Wert   24.00 12/21/2016    EUR     59.60
Goldman Sachs & Co Wert   18.00 10/26/2016    EUR     64.43
Goldman Sachs & Co Wert   15.00  3/22/2017    EUR     66.86
Goldman Sachs & Co Wert   15.00  6/21/2017    EUR     67.51
Goldman Sachs & Co Wert   17.00  6/21/2017    EUR     66.39
Goldman Sachs & Co Wert   10.00  9/20/2017    EUR     74.78
Goldman Sachs & Co Wert   14.00  2/22/2017    EUR     68.57
Goldman Sachs & Co Wert   13.00 12/20/2017    EUR     69.64
Goldman Sachs & Co Wert   10.00 12/21/2016    EUR     72.01
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     71.43
Goldman Sachs & Co Wert    8.00 12/20/2017    EUR     73.21
Commerzbank AG            14.00 11/24/2016    EUR     69.10
Commerzbank AG            13.50  1/26/2017    EUR     71.15
Deutsche Bank AG           7.20 12/20/2016    EUR     72.60
Deutsche Bank AG           5.20 12/20/2016    EUR     68.00
Deutsche Bank AG           3.20  3/21/2017    EUR     71.70
Deutsche Bank AG           7.20  3/21/2017    EUR     73.70
Deutsche Bank AG           3.20  3/21/2017    EUR     67.90
Deutsche Bank AG           7.20  3/21/2017    EUR     69.90
Deutsche Bank AG           5.20  3/21/2017    EUR     68.90
Deutsche Bank AG           7.20  6/20/2017    EUR     74.50
Deutsche Bank AG           9.20 12/20/2016    EUR     73.10
Deutsche Bank AG           9.20 12/20/2016    EUR     69.00
Deutsche Bank AG           9.20  3/21/2017    EUR     70.90
DZ Bank AG Deutsche Zen   12.25  2/24/2017    EUR     71.56
DZ Bank AG Deutsche Zen    9.75  3/24/2017    EUR     74.20
Vontobel Financial Prod   10.05  12/9/2016    EUR     74.94
Goldman Sachs & Co Wert   15.00 10/26/2016    EUR     67.89
Goldman Sachs & Co Wert   14.00 11/23/2016    EUR     68.88
Goldman Sachs & Co Wert   22.00 11/23/2016    EUR     60.16
Goldman Sachs & Co Wert   14.00 12/21/2016    EUR     69.86
Goldman Sachs & Co Wert   18.00 12/21/2016    EUR     63.86
Goldman Sachs & Co Wert   19.00  1/25/2017    EUR     62.99
Goldman Sachs & Co Wert   15.00  1/25/2017    EUR     67.88
Goldman Sachs & Co Wert   22.00  1/25/2017    EUR     61.30
Goldman Sachs & Co Wert   24.00 10/26/2016    EUR     58.61
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     74.85
Goldman Sachs & Co Wert   19.00  3/22/2017    EUR     63.23
Goldman Sachs & Co Wert   15.00  9/20/2017    EUR     68.51
Goldman Sachs & Co Wert   18.00  2/22/2017    EUR     64.04
Goldman Sachs & Co Wert   21.00  2/22/2017    EUR     62.59
Goldman Sachs & Co Wert   10.00 12/20/2017    EUR     73.70
Goldman Sachs & Co Wert   22.00  2/22/2017    EUR     70.45
Goldman Sachs & Co Wert   10.00  1/25/2017    EUR     71.45
Goldman Sachs & Co Wert    8.00  9/20/2017    EUR     71.90
Goldman Sachs & Co Wert   10.00  2/22/2017    EUR     71.35
Deutsche Bank AG           3.20 12/20/2016    EUR     71.60
Deutsche Bank AG           5.20 12/20/2016    EUR     72.10
Deutsche Bank AG           3.20 12/20/2016    EUR     67.60
Deutsche Bank AG           7.20 12/20/2016    EUR     68.50
Deutsche Bank AG           5.20  3/21/2017    EUR     72.70
Deutsche Bank AG           5.20  6/20/2017    EUR     73.00
Deutsche Bank AG           5.20  6/20/2017    EUR     69.50
Deutsche Bank AG           3.20  6/20/2017    EUR     68.00
Deutsche Bank AG           3.20  6/20/2017    EUR     71.50
Deutsche Bank AG           9.20  3/21/2017    EUR     74.70
Deutsche Bank AG           3.20  6/20/2017    EUR     74.10
Bank Julius Baer & Co L    9.40   2/9/2017    CHF     50.15
DZ Bank AG Deutsche Zen   12.00 12/23/2016    EUR     72.99
SAir Group                 5.13   3/1/2003    CHF     11.00
Bank Julius Baer & Co L    6.00  7/24/2017    CHF     64.50
Region Kapital OOO        14.50  7/10/2018    RUB     60.10
Soyuz AKB OAO             11.50 10/11/2018    RUB     60.15
Barclays Bank PLC          3.38  1/31/2029    USD     68.25
Risland OOO                9.25  1/10/2019    RUB     61.03
Lehman Brothers Treasur    8.28  3/26/2009    USD      0.75
Lehman Brothers Treasur    6.85 12/22/2008    EUR      0.75
Lehman Brothers Treasur    4.35   8/8/2016    SGD      9.63
Lehman Brothers Treasur    4.50   3/6/2013    CHF      0.75
Lehman Brothers Treasur    4.00  4/24/2009    USD      0.75
Lehman Brothers Treasur    9.00  6/13/2009    USD      0.75
Lehman Brothers Treasur    9.00  3/17/2009    GBP      0.75
Lehman Brothers Treasur    7.00 11/28/2008    CHF      0.75
Lehman Brothers Treasur    7.38  9/20/2008    EUR      0.75
Lehman Brothers Treasur    3.85  4/24/2009    USD      0.75
Lehman Brothers Treasur    7.25  10/6/2008    EUR      0.75
Lehman Brothers Treasur   10.50   8/9/2010    EUR      0.75
Lehman Brothers Treasur    8.00  5/22/2009    USD      0.75
Lehman Brothers Treasur    4.50  7/24/2014    EUR      0.75
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     66.13
DZ Bank AG Deutsche Zen    8.00  6/23/2017    EUR     71.21
UBS AG/London              9.20  4/18/2017    EUR     74.89
HSBC Trinkaus & Burkhar    6.90  3/24/2017    EUR     60.13
HSBC Trinkaus & Burkhar    7.60  6/23/2017    EUR     59.49
HSBC Trinkaus & Burkhar   13.60  3/24/2017    EUR     71.98
Vontobel Financial Prod    5.55  3/10/2017    EUR     71.83
Deutsche Bank AG           5.20  1/25/2017    EUR     55.90
Deutsche Bank AG           7.20  1/25/2017    EUR     72.00
Deutsche Bank AG           5.20  1/25/2017    EUR     71.30
Deutsche Bank AG           5.20 12/20/2016    EUR     64.40
Deutsche Bank AG           6.20 12/20/2016    EUR     64.60
Deutsche Bank AG           7.20 12/20/2016    EUR     64.90
Deutsche Bank AG           5.20 12/20/2016    EUR     61.10
Deutsche Bank AG           6.20 12/20/2016    EUR     61.30
Deutsche Bank AG           7.20 12/20/2016    EUR     61.60
Deutsche Bank AG           5.20 12/20/2016    EUR     58.10
Deutsche Bank AG           7.20 12/20/2016    EUR     71.40
DZ Bank AG Deutsche Zen    6.25  3/20/2017    EUR     73.39
DZ Bank AG Deutsche Zen    8.00 12/19/2016    EUR     54.00
DZ Bank AG Deutsche Zen    6.00  1/25/2017    EUR     61.97
BNP Paribas Emissions-    27.00 12/22/2016    EUR     56.85
BNP Paribas Emissions-    10.00 12/21/2017    EUR     68.48
BNP Paribas Emissions-    28.00 12/21/2017    EUR     68.57
BNP Paribas Emissions-    18.00 12/22/2016    EUR     69.27
BNP Paribas Emissions-    24.00 12/22/2016    EUR     64.15
BNP Paribas Emissions-    20.00  3/23/2017    EUR     68.35
BNP Paribas Emissions-    28.00  6/22/2017    EUR     64.88
BNP Paribas Emissions-    15.00 12/21/2017    EUR     73.74
BNP Paribas Emissions-     6.00 12/22/2016    EUR     68.01
BNP Paribas Emissions-    10.00 12/22/2016    EUR     59.04
BNP Paribas Emissions-     6.00  3/23/2017    EUR     65.72
BNP Paribas Emissions-    18.00  6/22/2017    EUR     70.18
BNP Paribas Emissions-    26.00  6/22/2017    EUR     65.76
BNP Paribas Emissions-    22.00 12/21/2017    EUR     69.90
BNP Paribas Emissions-    26.00 12/21/2017    EUR     68.77
BNP Paribas Emissions-     5.00 12/21/2017    EUR     70.16
BNP Paribas Emissions-    23.00 12/21/2017    EUR     58.27
BNP Paribas Emissions-    18.00  3/23/2017    EUR     70.17
BNP Paribas Emissions-    22.00  3/23/2017    EUR     67.77
BNP Paribas Emissions-    28.00  3/23/2017    EUR     63.58
BNP Paribas Emissions-    22.00 12/21/2017    EUR     69.80
BNP Paribas Emissions-    28.00 12/21/2017    EUR     74.45
BNP Paribas Emissions-    28.00  6/22/2017    EUR     74.41
BNP Paribas Emissions-    19.00 12/21/2017    EUR     71.87
BNP Paribas Emissions-    18.00 12/22/2016    EUR     71.14
BNP Paribas Emissions-    15.00  3/23/2017    EUR     74.38
BNP Paribas Emissions-    28.00  3/23/2017    EUR     63.92
BNP Paribas Emissions-    28.00  3/23/2017    EUR     73.13
BNP Paribas Emissions-    27.00  6/22/2017    EUR     74.73
BNP Paribas Emissions-    21.00 12/22/2016    EUR     73.50
BNP Paribas Emissions-    28.00 12/22/2016    EUR     68.52
BNP Paribas Emissions-    22.00  3/23/2017    EUR     72.79
BNP Paribas Emissions-    28.00  3/23/2017    EUR     69.50
BNP Paribas Emissions-    25.00 12/21/2017    EUR     72.96
BNP Paribas Emissions-    22.00  6/22/2017    EUR     73.00
BNP Paribas Emissions-    25.00 12/21/2017    EUR     72.89
BNP Paribas Emissions-    24.00 12/22/2016    EUR     73.62
BNP Paribas Emissions-    25.00 12/21/2017    EUR     74.24
BNP Paribas Emissions-    18.00  3/23/2017    EUR     72.77
BNP Paribas Emissions-    28.00  3/23/2017    EUR     64.84
BNP Paribas Emissions-    24.00  6/22/2017    EUR     73.39
BNP Paribas Emissions-    27.00  6/22/2017    EUR     71.49
BNP Paribas Emissions-    25.00 12/21/2017    EUR     74.53
BNP Paribas Emissions-    22.00  3/23/2017    EUR     74.95
BNP Paribas Emissions-    25.00 12/21/2017    EUR     74.51
BNP Paribas Emissions-    27.00 12/21/2017    EUR     73.66
BNP Paribas Emissions-    24.00 12/22/2016    EUR     74.38
BNP Paribas Emissions-    24.00  3/23/2017    EUR     74.54
BNP Paribas Emissions-    24.00 12/22/2016    EUR     71.66
BNP Paribas Emissions-    22.00 12/21/2017    EUR     73.63
BNP Paribas Emissions-    27.00 12/21/2017    EUR     72.10
BNP Paribas Emissions-    15.00 12/22/2016    EUR     69.33
BNP Paribas Emissions-    25.00 12/22/2016    EUR     56.19
BNP Paribas Emissions-    27.00 12/22/2016    EUR     54.04
BNP Paribas Emissions-    13.00  3/23/2017    EUR     73.87
BNP Paribas Emissions-    16.00  3/23/2017    EUR     68.47
BNP Paribas Emissions-    19.00  3/23/2017    EUR     64.06
BNP Paribas Emissions-    22.00  3/23/2017    EUR     60.59
BNP Paribas Emissions-    25.00  3/23/2017    EUR     57.90
BNP Paribas Emissions-    28.00  3/23/2017    EUR     55.83
BNP Paribas Emissions-    25.00  6/22/2017    EUR     59.40
BNP Paribas Emissions-    15.00 12/21/2017    EUR     71.86
BNP Paribas Emissions-    19.00 12/21/2017    EUR     66.84
BNP Paribas Emissions-    22.00 12/21/2017    EUR     64.45
BNP Paribas Emissions-    25.00 12/21/2017    EUR     63.52
BNP Paribas Emissions-    27.00 12/21/2017    EUR     63.03
BNP Paribas Emissions-    25.00  6/22/2017    EUR     66.97
BNP Paribas Emissions-    28.00 12/21/2017    EUR     69.34
BNP Paribas Emissions-     5.00 12/22/2016    EUR     61.96
BNP Paribas Emissions-     8.00 12/22/2016    EUR     55.14
BNP Paribas Emissions-    22.00 12/22/2016    EUR     68.26
BNP Paribas Emissions-    19.00  3/23/2017    EUR     69.91
BNP Paribas Emissions-    24.00  3/23/2017    EUR     66.85
BNP Paribas Emissions-    28.00  3/23/2017    EUR     64.19
BNP Paribas Emissions-    16.00  6/22/2017    EUR     72.34
BNP Paribas Emissions-    16.00 12/22/2016    EUR     46.35
BNP Paribas Emissions-     5.00  3/23/2017    EUR     62.69
BNP Paribas Emissions-     5.00  6/22/2017    EUR     62.18
BNP Paribas Emissions-    13.00  6/22/2017    EUR     51.40
BNP Paribas Emissions-    19.00  6/22/2017    EUR     48.92
BNP Paribas Emissions-     5.00 12/21/2017    EUR     63.27
BNP Paribas Emissions-    28.00 12/21/2017    EUR     55.57
BNP Paribas Emissions-    21.00 12/22/2016    EUR     70.90
BNP Paribas Emissions-    24.00  3/23/2017    EUR     69.91
Goldman Sachs & Co Wert    6.00  1/25/2017    EUR     68.51
Goldman Sachs & Co Wert   16.00  6/21/2017    EUR     57.20
Goldman Sachs & Co Wert    7.00  9/20/2017    EUR     65.85
Goldman Sachs & Co Wert    6.00 12/20/2017    EUR     68.77
Goldman Sachs & Co Wert    7.00 12/20/2017    EUR     67.25
Societe Generale Effekt   14.09 12/23/2016    EUR     72.42
Societe Generale Effekt    2.76 12/23/2016    EUR     73.80
Societe Generale Effekt    3.78 12/23/2016    EUR     69.84
Societe Generale Effekt    4.88 12/23/2016    EUR     66.43
Societe Generale Effekt    6.26 12/23/2016    EUR     63.28
Societe Generale Effekt    8.66 12/23/2016    EUR     59.28
Societe Generale Effekt   10.40 12/23/2016    EUR     57.01
Societe Generale Effekt   12.34 12/23/2016    EUR     55.04
Societe Generale Effekt   14.36 12/23/2016    EUR     53.31
Societe Generale Effekt   13.54 12/23/2016    EUR     73.44
Societe Generale Effekt   16.20 12/23/2016    EUR     70.59
Vontobel Financial Prod    5.50 12/23/2016    EUR     64.11
Vontobel Financial Prod    8.00 12/23/2016    EUR     53.33
Vontobel Financial Prod    3.00  3/24/2017    EUR     74.80
Vontobel Financial Prod    4.55  3/24/2017    EUR     68.21
Vontobel Financial Prod    3.50  3/24/2017    EUR     72.98
Vontobel Financial Prod    4.00  3/24/2017    EUR     71.37
Vontobel Financial Prod    4.05  3/24/2017    EUR     69.74
Vontobel Financial Prod    4.55  3/24/2017    EUR     67.15
Vontobel Financial Prod    4.60  3/24/2017    EUR     65.93
Commerzbank AG             6.50  1/20/2017    EUR     69.65
Vontobel Financial Prod    8.00  1/27/2017    EUR     69.11
Vontobel Financial Prod    6.50  1/27/2017    EUR     72.58
DZ Bank AG Deutsche Zen    4.00  6/23/2017    EUR     68.03
Vontobel Financial Prod   10.00  1/27/2017    EUR     66.17
Vontobel Financial Prod   12.00  1/27/2017    EUR     63.59
Vontobel Financial Prod   14.00  1/27/2017    EUR     61.34
DZ Bank AG Deutsche Zen    8.00 12/19/2016    EUR     68.96
DZ Bank AG Deutsche Zen    9.10 12/19/2016    EUR     67.07
DZ Bank AG Deutsche Zen    7.40  3/20/2017    EUR     70.23
WGZ-Bank AG Westdeutsch    6.50  6/26/2017    EUR     74.71
HSBC Trinkaus & Burkhar   13.50 12/23/2016    EUR     57.35
HSBC Trinkaus & Burkhar    9.20 12/23/2016    EUR     62.00
HSBC Trinkaus & Burkhar   11.70  3/24/2017    EUR     59.81
HSBC Trinkaus & Burkhar    8.30  3/24/2017    EUR     63.75
HSBC Trinkaus & Burkhar    8.90  6/23/2017    EUR     63.06
HSBC Trinkaus & Burkhar    6.30  6/23/2017    EUR     67.05
HSBC Trinkaus & Burkhar    7.80 10/28/2016    EUR     63.82
HSBC Trinkaus & Burkhar   10.70  1/27/2017    EUR     60.39
HSBC Trinkaus & Burkhar    7.20  1/27/2017    EUR     65.46
DZ Bank AG Deutsche Zen    8.00  3/24/2017    EUR     68.86
DZ Bank AG Deutsche Zen    6.00 12/23/2016    EUR     65.20
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     67.10
DZ Bank AG Deutsche Zen    8.00  3/24/2017    EUR     68.84
DZ Bank AG Deutsche Zen    5.00  6/23/2017    EUR     66.75
DZ Bank AG Deutsche Zen    8.25 12/23/2016    EUR     72.09
DZ Bank AG Deutsche Zen   12.75 12/23/2016    EUR     65.33
DZ Bank AG Deutsche Zen    7.25  2/24/2017    EUR     72.65
DZ Bank AG Deutsche Zen   11.25  2/24/2017    EUR     66.79
DZ Bank AG Deutsche Zen    7.00  3/24/2017    EUR     72.85
DZ Bank AG Deutsche Zen   11.50  3/24/2017    EUR     67.71
DZ Bank AG Deutsche Zen    8.90 12/19/2016    EUR     73.81
DZ Bank AG Deutsche Zen    8.40  3/20/2017    EUR     74.97
DZ Bank AG Deutsche Zen   10.50 12/19/2016    EUR     65.86
DZ Bank AG Deutsche Zen    8.75  3/20/2017    EUR     67.31
UBS AG/London             11.00  1/27/2017    CHF     51.46
Deutsche Bank AG           7.20 12/20/2016    EUR     58.60
Deutsche Bank AG           6.20 12/20/2016    EUR     71.10
Deutsche Bank AG           5.20 12/20/2016    EUR     70.90
DZ Bank AG Deutsche Zen    4.00 12/23/2016    EUR     67.18
Vontobel Financial Prod    9.40 10/28/2016    EUR     66.76
BNP Paribas Emissions-     8.00  3/23/2017    EUR     74.43
BNP Paribas Emissions-    28.00  3/23/2017    EUR     57.99
BNP Paribas Emissions-    27.00 12/21/2017    EUR     64.24
BNP Paribas Emissions-    21.00 12/22/2016    EUR     74.98
BNP Paribas Emissions-    19.00  6/22/2017    EUR     69.25
BNP Paribas Emissions-    19.00  3/23/2017    EUR     69.20
BNP Paribas Emissions-     8.00  3/23/2017    EUR     63.49
BNP Paribas Emissions-    22.00  3/23/2017    EUR     51.26
BNP Paribas Emissions-    29.00  3/23/2017    EUR     49.58
BNP Paribas Emissions-    10.00 12/21/2017    EUR     61.24
BNP Paribas Emissions-    29.00 12/21/2017    EUR     67.90
BNP Paribas Emissions-    29.00  3/23/2017    EUR     73.61
BNP Paribas Emissions-    27.00 12/21/2017    EUR     68.30
Vontobel Financial Prod   18.00  3/24/2017    EUR     73.98
UBS AG/London              7.00  7/17/2017    CHF     45.18
Notenstein La Roche Pri    4.00  7/24/2019    CHF     69.96
Landesbank Baden-Wuertt    3.00  8/24/2018    EUR     73.97
Landesbank Baden-Wuertt    3.40  8/24/2018    EUR     71.00
Bank Julius Baer & Co L    9.60 10/28/2016    EUR     73.90
Credit Suisse AG/Nassau    7.00 11/11/2016    EUR     73.42
Credit Suisse AG/London    7.25   5/9/2017    CHF     72.41
DZ Bank AG Deutsche Zen   14.00 11/25/2016    EUR     73.24
DZ Bank AG Deutsche Zen    5.00 11/25/2016    EUR     70.36
DZ Bank AG Deutsche Zen    5.00 11/25/2016    EUR     74.83
DZ Bank AG Deutsche Zen    5.75 11/25/2016    EUR     73.75
DZ Bank AG Deutsche Zen    9.00 12/23/2016    EUR     70.16
DZ Bank AG Deutsche Zen    9.50 12/23/2016    EUR     66.15
Commerzbank AG             8.50 10/27/2016    EUR     74.89
Vontobel Financial Prod    6.90  12/9/2016    EUR     64.29
Vontobel Financial Prod   15.10 12/23/2016    EUR     72.32
Vontobel Financial Prod    8.25  3/10/2017    EUR     66.68
Vontobel Financial Prod    8.65  3/10/2017    EUR     44.44
Vontobel Financial Prod    9.00 12/23/2016    EUR     73.95
DZ Bank AG Deutsche Zen    7.00 12/19/2016    EUR     74.60
DZ Bank AG Deutsche Zen    5.00 12/19/2016    EUR     74.15
BNP Paribas Emissions-     3.50 12/22/2016    EUR     54.95
Vontobel Financial Prod   17.00 12/23/2016    EUR     69.03
UBS AG/London              6.10 11/25/2016    EUR     62.73
DZ Bank AG Deutsche Zen    7.10 11/23/2016    EUR     45.24
UBS AG/London              7.50  2/10/2017    EUR     65.89
UBS AG/London             10.90  2/10/2017    EUR     67.81
UBS AG/London              4.70  2/10/2017    EUR     47.20
UBS AG/London              8.40  12/9/2016    EUR     64.83
UBS AG/London             12.00  12/9/2016    EUR     73.82
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     73.39
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     74.82
Goldman Sachs & Co Wert   20.00 10/26/2016    EUR     70.53
Goldman Sachs & Co Wert   19.00 11/23/2016    EUR     71.93
Goldman Sachs & Co Wert   21.00 11/23/2016    EUR     69.37
Goldman Sachs & Co Wert   14.00 11/23/2016    EUR     40.03
Goldman Sachs & Co Wert   17.00 11/23/2016    EUR     38.13
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     70.41
Goldman Sachs & Co Wert   25.00 11/23/2016    EUR     73.52
Goldman Sachs & Co Wert   23.00 12/21/2016    EUR     74.88
Goldman Sachs & Co Wert   14.00 10/26/2016    EUR     70.75
Goldman Sachs & Co Wert   13.00 11/23/2016    EUR     71.78
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     64.65
Goldman Sachs & Co Wert   19.00 12/21/2016    EUR     65.93
Goldman Sachs & Co Wert   13.00  9/20/2017    EUR     73.45
Bank Julius Baer & Co L    9.80  11/7/2016    EUR     36.70
UBS AG/London             12.00  11/4/2016    CHF     28.48
Leonteq Securities AG     10.00 11/16/2016    CHF     69.86
UBS AG                     5.50 12/23/2016    EUR     71.11
UBS AG                    13.75 12/23/2016    EUR     67.12
UBS AG                     6.00 12/23/2016    EUR     73.55
UBS AG                     8.00 12/23/2016    EUR     68.79
UBS AG                     7.50 12/23/2016    EUR     40.77
UBS AG                     6.00 12/23/2016    EUR     73.04
UBS AG                     8.00 12/23/2016    EUR     69.57
UBS AG                     7.50 12/23/2016    EUR     67.53
UBS AG                     5.50 12/23/2016    EUR     44.13
UBS AG                    11.00 12/23/2016    EUR     72.17
Notenstein La Roche Pri    7.80  11/9/2016    CHF     55.37
Commerzbank AG             4.25 10/27/2016    EUR     49.81
Commerzbank AG             4.75 10/27/2016    EUR     48.73
Commerzbank AG             5.25 10/27/2016    EUR     47.70
Commerzbank AG             6.00 10/27/2016    EUR     46.72
Commerzbank AG             6.50 10/27/2016    EUR     45.79
Commerzbank AG             7.25 10/27/2016    EUR     44.91
Commerzbank AG             8.00 10/27/2016    EUR     44.07
Commerzbank AG             8.75 10/27/2016    EUR     43.25
Commerzbank AG             6.00 10/27/2016    EUR     74.04
Commerzbank AG             6.75 10/27/2016    EUR     72.42
Commerzbank AG             7.25 10/27/2016    EUR     70.85
Commerzbank AG             8.00 10/27/2016    EUR     69.38
Commerzbank AG             8.75 10/27/2016    EUR     67.97
Commerzbank AG             9.50 10/27/2016    EUR     66.62
Commerzbank AG            10.25 10/27/2016    EUR     65.40
Commerzbank AG            11.00 10/27/2016    EUR     64.16
Commerzbank AG            10.75 10/27/2016    EUR     72.44
Commerzbank AG            12.75 10/27/2016    EUR     69.04
Commerzbank AG            11.50 10/27/2016    EUR     67.84
DZ Bank AG Deutsche Zen    8.75 10/28/2016    EUR     63.66
DZ Bank AG Deutsche Zen    5.50 10/28/2016    EUR     44.60
DZ Bank AG Deutsche Zen    6.50 12/23/2016    EUR     43.41
Credit Suisse AG/London    8.00 10/31/2016    CHF     72.40
PKVIT OOO                 11.00 10/14/2020    RUB     62.27
Credit Suisse AG/London    8.50  11/3/2016    CHF     74.05
DZ Bank AG Deutsche Zen    7.50 12/19/2016    EUR     42.55
Commerzbank AG             7.50 10/27/2016    EUR     45.94
Vontobel Financial Prod   11.00 12/23/2016    EUR     74.63
Commerzbank AG            11.25 10/27/2016    EUR     67.93
Commerzbank AG             6.50 10/27/2016    EUR     73.68
Commerzbank AG             9.50 10/27/2016    EUR     68.48
Societe Generale Effekt    8.78  6/23/2017    EUR     74.91
Societe Generale Effekt    2.72 11/25/2016    EUR     54.73
Societe Generale Effekt    4.00 11/25/2016    EUR     51.29
Societe Generale Effekt    5.58 11/25/2016    EUR     48.36
Societe Generale Effekt    5.05  6/23/2017    EUR     56.30
Societe Generale Effekt    6.63  6/23/2017    EUR     53.44
Societe Generale Effekt    8.47  6/23/2017    EUR     50.91
Societe Generale Effekt    5.29 11/25/2016    EUR     43.77
Societe Generale Effekt    5.97 11/25/2016    EUR     42.62
Societe Generale Effekt    7.75 11/25/2016    EUR     40.26
Societe Generale Effekt    8.81  6/23/2017    EUR     46.06
Societe Generale Effekt    9.62  6/23/2017    EUR     45.20
Societe Generale Effekt   11.68  6/23/2017    EUR     43.52
Commerzbank AG             7.50 10/27/2016    EUR     68.66
Commerzbank AG             9.50 10/27/2016    EUR     65.23
Commerzbank AG            11.75 10/27/2016    EUR     62.18
Commerzbank AG            11.50 10/27/2016    EUR     73.57
Commerzbank AG            13.50 10/27/2016    EUR     70.44
Commerzbank AG             8.00 10/27/2016    EUR     72.27
Commerzbank AG            10.25 10/27/2016    EUR     68.87
Commerzbank AG             7.00 10/27/2016    EUR     46.57
Commerzbank AG             8.50 10/27/2016    EUR     43.90
Commerzbank AG            10.00 10/27/2016    EUR     41.63
Commerzbank AG            11.75 10/27/2016    EUR     39.63
Commerzbank AG            13.50 10/27/2016    EUR     37.85
Vontobel Financial Prod   13.00 12/23/2016    EUR     74.51
Credit Suisse AG/Nassau    8.00  11/7/2016    CHF     55.08
Commerzbank AG             9.00 10/27/2016    EUR     71.36
Landesbank Baden-Wuertt    5.00  4/28/2017    EUR     72.97
Landesbank Baden-Wuertt    3.00  4/28/2017    EUR     53.06
Landesbank Baden-Wuertt    4.00  4/28/2017    EUR     50.62
Landesbank Baden-Wuertt    5.00  4/28/2017    EUR     48.88
Landesbank Baden-Wuertt    3.00  4/28/2017    EUR     63.84
Landesbank Baden-Wuertt    4.00  4/28/2017    EUR     61.94
Leonteq Securities AG     16.40   2/6/2017    CHF     53.37
Leonteq Securities AG     10.00   2/6/2017    CHF     59.01
Commerzbank AG             7.00 10/27/2016    EUR     43.63
Vontobel Financial Prod   19.50 12/23/2016    EUR     66.53
Vontobel Financial Prod   15.50 12/23/2016    EUR     71.18
Vontobel Financial Prod   10.50 12/23/2016    EUR     73.02
Vontobel Financial Prod    8.00 12/23/2016    EUR     54.73
Vontobel Financial Prod    6.00 12/23/2016    EUR     57.19
Vontobel Financial Prod    4.50 12/23/2016    EUR     60.11
Vontobel Financial Prod   10.50 12/23/2016    EUR     52.68
Credit Suisse AG/London    8.00  3/29/2019    USD     10.08
Credit Suisse AG/London    8.00  3/29/2019    USD     10.10
DZ Bank AG Deutsche Zen   15.00 12/23/2016    EUR     72.60
DZ Bank AG Deutsche Zen   13.00  3/24/2017    EUR     74.78
DZ Bank AG Deutsche Zen   15.50  4/28/2017    EUR     73.14
Vontobel Financial Prod   16.30   9/8/2017    EUR     71.95
Goldman Sachs & Co Wert   20.00 10/26/2016    EUR     71.90
Goldman Sachs & Co Wert   22.00 11/23/2016    EUR     56.03
Goldman Sachs & Co Wert   21.00 12/21/2016    EUR     57.50
Goldman Sachs & Co Wert   16.00  6/21/2017    EUR     63.38
Goldman Sachs & Co Wert   18.00 10/26/2016    EUR     71.07
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     66.95
Goldman Sachs & Co Wert   16.00  3/22/2017    EUR     73.00
UniCredit Bank AG          4.80 12/22/2016    EUR     68.12
UniCredit Bank AG          4.40 12/22/2016    EUR     69.46
UniCredit Bank AG          4.00 12/22/2016    EUR     52.69
UniCredit Bank AG          5.60 12/22/2016    EUR     65.61
UniCredit Bank AG          4.00 12/22/2016    EUR     55.68
UniCredit Bank AG          5.20 12/22/2016    EUR     66.84
UniCredit Bank AG          4.25 12/22/2016    EUR     51.71
UniCredit Bank AG          4.50 12/22/2016    EUR     51.26
UniCredit Bank AG          4.00 12/22/2016    EUR     52.16
UniCredit Bank AG          4.00 12/22/2016    EUR     72.41
UniCredit Bank AG          4.75 12/22/2016    EUR     50.82
UniCredit Bank AG          5.00 12/22/2016    EUR     50.39
Leonteq Securities AG      9.00  1/30/2017    CHF     69.37
Notenstein La Roche Pri    6.00 10/30/2017    CHF     74.10
HSBC Trinkaus & Burkhar   13.50 12/23/2016    EUR     72.98
Societe Generale Effekt    5.61 11/25/2016    EUR     47.87
Deutsche Bank AG           6.20  3/21/2017    EUR     73.20
Deutsche Bank AG           8.20  3/21/2017    EUR     74.20
Deutsche Bank AG           8.20 12/20/2016    EUR     72.80
Commerzbank AG            11.75  3/23/2017    EUR     74.00
Commerzbank AG            14.00  3/23/2017    EUR     70.39
Commerzbank AG            16.75  3/23/2017    EUR     67.40
Landesbank Baden-Wuertt    9.00 10/28/2016    EUR     74.40
Lehman Brothers Treasur    2.00 11/16/2009    EUR      0.75
Lehman Brothers Treasur    3.70   6/6/2009    EUR      0.75
Lehman Brothers Treasur    8.50   7/6/2009    CHF      0.75
Lehman Brothers Treasur    6.50  7/24/2026    EUR      0.75
Lehman Brothers Treasur    4.50   8/2/2009    USD      0.75
SG Issuer SA               6.65 10/10/2021    EUR     64.26
Lehman Brothers Treasur    4.60  11/9/2011    EUR     11.88
Lehman Brothers Treasur    4.60 10/11/2017    ILS     11.88
BNP Paribas Emissions-     6.00 12/22/2016    EUR     51.73
BNP Paribas Emissions-     8.50 12/22/2016    EUR     67.85
BNP Paribas Emissions-    10.00 12/22/2016    EUR     65.57
BNP Paribas Emissions-    15.00 12/22/2016    EUR     58.02
BNP Paribas Emissions-     7.50 12/22/2016    EUR     72.90
DZ Bank AG Deutsche Zen    7.50 12/19/2016    EUR     74.72
UBS AG/London             10.40  8/11/2017    EUR     67.46
DekaBank Deutsche Giroz    3.15   2/3/2017    EUR     56.87
Bayerische Landesbank      2.60 10/19/2018    EUR     59.33
Notenstein La Roche Pri    4.00  9/27/2019    CHF     67.97
Notenstein La Roche Pri    4.50  3/27/2018    EUR     51.10
Notenstein La Roche Pri    6.50  9/27/2016    CHF     72.02
Notenstein La Roche Pri    5.00  3/27/2019    CHF     65.72
Credit Suisse AG/Nassau    7.00  10/3/2016    CHF     65.51
Zurcher Kantonalbank Fi    5.00  9/26/2016    CHF     61.22
Landesbank Hessen-Thuer    6.20  7/24/2020    EUR     62.27
DekaBank Deutsche Giroz    2.75  9/18/2018    EUR     71.72
DekaBank Deutsche Giroz    2.70  3/16/2018    EUR     51.28
Vontobel Financial Prod    7.25 12/23/2016    EUR     67.33
Vontobel Financial Prod    7.65 12/23/2016    EUR     72.32
Vontobel Financial Prod    5.85 12/23/2016    EUR     66.63
Vontobel Financial Prod    7.25 12/23/2016    EUR     54.29
Vontobel Financial Prod    4.00 12/23/2016    EUR     64.01
Vontobel Financial Prod    7.35 12/23/2016    EUR     54.78
Vontobel Financial Prod    3.85 12/23/2016    EUR     62.78
Vontobel Financial Prod    6.65 12/23/2016    EUR     39.39
Vontobel Financial Prod    3.15 12/23/2016    EUR     46.12
Vontobel Financial Prod    7.45 12/23/2016    EUR     49.35
Vontobel Financial Prod    3.05 12/23/2016    EUR     60.21
Vontobel Financial Prod    7.50 12/23/2016    EUR     64.07
Notenstein La Roche Pri    3.40  3/21/2025    CHF     73.08
Credit Suisse AG/Nassau    7.00 10/10/2016    CHF     65.63
Notenstein La Roche Pri    7.20  10/7/2016    CHF     69.29
Notenstein La Roche Pri    4.70   4/6/2018    CHF     72.22
Bayerische Landesbank      3.10  11/4/2016    EUR     46.69
Bayerische Landesbank      3.10  11/4/2016    EUR     63.48
Vontobel Financial Prod    3.50   4/6/2017    EUR     65.17
Societe Generale SA       25.50  3/30/2017    USD     42.71
Bank Julius Baer & Co L    7.80 10/14/2016    CHF     49.40
Landesbank Hessen-Thuer    4.00  4/30/2019    EUR     50.28
Bank Julius Baer & Co L    9.40 10/14/2016    EUR     47.90
Bank Julius Baer & Co L   14.00 10/14/2016    USD     74.50
BNP Paribas Emissions-     7.50 12/22/2016    EUR     68.02
BNP Paribas Emissions-     8.00 12/22/2016    EUR     70.60
BNP Paribas Emissions-     9.50 12/22/2016    EUR     66.29
BNP Paribas Emissions-     6.00 12/22/2016    EUR     58.80
BNP Paribas Emissions-     8.50 12/22/2016    EUR     52.51
BNP Paribas Emissions-     9.50 12/22/2016    EUR     71.28
BNP Paribas Emissions-     6.50 12/22/2016    EUR     40.76
BNP Paribas Emissions-     8.50 12/22/2016    EUR     37.55
BNP Paribas Emissions-     5.00 12/22/2016    EUR     63.25
BNP Paribas Emissions-     5.00 12/22/2016    EUR     69.83
BNP Paribas Emissions-     8.50 12/22/2016    EUR     74.48
BNP Paribas Emissions-     7.00 12/22/2016    EUR     69.66
BNP Paribas Emissions-     8.50 12/22/2016    EUR     67.08
BNP Paribas Emissions-     9.00 12/22/2016    EUR     49.80
DekaBank Deutsche Giroz    3.25  5/18/2018    EUR     71.04
Credit Suisse AG/Nassau    6.25 10/10/2016    EUR     64.62
Deutsche Bank AG           4.20 12/20/2016    EUR     71.20
Deutsche Bank AG           5.20 12/20/2016    EUR     68.90
Deutsche Bank AG           4.20 12/20/2016    EUR     68.60
Deutsche Bank AG           6.20 12/20/2016    EUR     69.10
Deutsche Bank AG           4.20 12/20/2016    EUR     66.20
Deutsche Bank AG           6.20 12/20/2016    EUR     66.70
Deutsche Bank AG           5.20 12/20/2016    EUR     66.40
Deutsche Bank AG           4.20 12/20/2016    EUR     72.80
Deutsche Bank AG           4.20 12/20/2016    EUR     69.50
Deutsche Bank AG           4.20 12/20/2016    EUR     53.40
Deutsche Bank AG           5.20 12/20/2016    EUR     53.60
Deutsche Bank AG           6.20 12/20/2016    EUR     53.90
Deutsche Bank AG           4.20 12/20/2016    EUR     65.90
Deutsche Bank AG           4.20 12/20/2016    EUR     63.50
Deutsche Bank AG           4.20 12/20/2016    EUR     61.30
Deutsche Bank AG           4.20 12/20/2016    EUR     51.30
Deutsche Bank AG           5.20 12/20/2016    EUR     51.50
Deutsche Bank AG           6.20 12/20/2016    EUR     51.80
Deutsche Bank AG           4.20 12/20/2016    EUR     40.20
Deutsche Bank AG           5.20 12/20/2016    EUR     39.20
Deutsche Bank AG           4.20 12/20/2016    EUR     38.90
Deutsche Bank AG           6.20 12/20/2016    EUR     39.40
Deutsche Bank AG           6.20 12/20/2016    EUR     65.20
Deutsche Bank AG           4.20 12/20/2016    EUR     64.70
Deutsche Bank AG           5.20 12/20/2016    EUR     65.00
Deutsche Bank AG           6.20 12/20/2016    EUR     63.00
Deutsche Bank AG           5.20 12/20/2016    EUR     62.80
Deutsche Bank AG           4.20 12/20/2016    EUR     62.50
Deutsche Bank AG           6.20 12/20/2016    EUR     61.00
Deutsche Bank AG           4.20 12/20/2016    EUR     60.50
Deutsche Bank AG           5.20 12/20/2016    EUR     60.70
Deutsche Bank AG           6.20 12/20/2016    EUR     69.50
Deutsche Bank AG           4.20 12/20/2016    EUR     69.10
Deutsche Bank AG           5.20 12/20/2016    EUR     69.30
Deutsche Bank AG           4.20 12/20/2016    EUR     66.10
Deutsche Bank AG           5.20 12/20/2016    EUR     66.30
Deutsche Bank AG           6.20 12/20/2016    EUR     66.60
Deutsche Bank AG           4.20 12/20/2016    EUR     54.80
Deutsche Bank AG           4.20 12/20/2016    EUR     52.50
Deutsche Bank AG           5.20 12/20/2016    EUR     52.70
Deutsche Bank AG           6.20 12/20/2016    EUR     53.00
Deutsche Bank AG           5.20 12/20/2016    EUR     50.60
Deutsche Bank AG           6.20 12/20/2016    EUR     50.80
Deutsche Bank AG           4.20 12/20/2016    EUR     50.30
Societe Generale Effekt    8.06 10/10/2016    EUR     73.29
Societe Generale Effekt    6.89 10/10/2016    EUR     69.60
Societe Generale Effekt    8.76 10/10/2016    EUR     65.51
Societe Generale Effekt    8.00 10/10/2016    EUR     59.90
Societe Generale Effekt    9.88 10/10/2016    EUR     56.25
Societe Generale Effekt   10.33 10/10/2016    EUR     40.82
Societe Generale Effekt   11.97 10/10/2016    EUR     38.69
Societe Generale Effekt    7.51 10/10/2016    EUR     42.74
Societe Generale Effekt    9.26 10/10/2016    EUR     40.39
Societe Generale Effekt    5.64 10/10/2016    EUR     72.98
Societe Generale Effekt    7.28 10/10/2016    EUR     69.00
Societe Generale Effekt    7.17 10/10/2016    EUR     63.56
Societe Generale Effekt    9.00 10/10/2016    EUR     60.05
Societe Generale Effekt   12.26 10/10/2016    EUR     71.92
Societe Generale Effekt    6.07 10/10/2016    EUR     69.96
Societe Generale Effekt    8.16 10/10/2016    EUR     65.43
Societe Generale Effekt    8.36 10/10/2016    EUR     74.21
Societe Generale Effekt   10.26 10/10/2016    EUR     70.12
Societe Generale Effekt    6.94 10/10/2016    EUR     59.31
Societe Generale Effekt    8.67 10/10/2016    EUR     56.04
Notenstein La Roche Pri    5.20 10/13/2016    CHF     70.22
Notenstein La Roche Pri    4.80 10/24/2018    CHF     68.65
Notenstein La Roche Pri    4.20  4/10/2018    EUR     55.17
UBS AG/London              7.00  12/9/2016    EUR     39.21
UBS AG/London              3.90  12/9/2016    EUR     45.65
UBS AG/London              7.50  12/9/2016    EUR     54.13
UBS AG/London              4.40  12/9/2016    EUR     63.33
UBS AG/London              3.10  12/9/2016    EUR     48.51
UBS AG/London              5.00  12/9/2016    EUR     71.52
UBS AG/London              7.20  12/9/2016    EUR     62.01
UBS AG/London              7.00  12/9/2016    EUR     74.55
UBS AG/London              3.90  12/9/2016    EUR     72.52
UBS AG/London              8.20  12/9/2016    EUR     71.14
Notenstein Finance Guer    9.00   4/1/2019    EUR     46.16
Notenstein Finance Guer    2.95   4/7/2017    CHF     70.95
WGZ-Bank AG Westdeutsch    4.50  9/27/2016    EUR     53.09
Bank Julius Baer & Co L    7.00  10/7/2016    CHF     34.40
Vontobel Financial Prod   13.35 12/23/2016    EUR     71.27
Vontobel Financial Prod   12.95 12/23/2016    EUR     66.87
Vontobel Financial Prod   12.70 12/23/2016    EUR     55.22
Vontobel Financial Prod   14.90 12/23/2016    EUR     72.76
Vontobel Financial Prod   13.40 12/23/2016    EUR     60.88
Vontobel Financial Prod   13.90 12/23/2016    EUR     31.65
Vontobel Financial Prod   13.95 12/23/2016    EUR     69.25
Vontobel Financial Prod   12.85 12/23/2016    EUR     42.71
DekaBank Deutsche Giroz    3.00  3/29/2018    EUR     71.95
DekaBank Deutsche Giroz    2.80   4/1/2019    EUR     71.69
DekaBank Deutsche Giroz    2.50  3/31/2017    EUR     64.28
Bayerische Landesbank      2.70   7/6/2018    EUR     47.96
Bayerische Landesbank      2.70   7/6/2018    EUR     61.32
Notenstein La Roche Pri    8.30 10/17/2016    USD     47.09
Notenstein La Roche Pri    7.30 10/17/2016    EUR     50.45
Notenstein La Roche Pri    6.40 10/17/2016    CHF     65.10
Notenstein La Roche Pri    3.50 10/17/2016    CHF     73.11
Notenstein La Roche Pri    7.24 10/13/2016    EUR     52.13
Zurcher Kantonalbank Fi    6.50  4/10/2018    CHF     59.55
Landesbank Hessen-Thuer    9.50  5/15/2020    EUR     69.45
Vontobel Financial Prod    3.10 12/23/2016    EUR     63.79
Vontobel Financial Prod    2.65 12/23/2016    EUR     46.00
Vontobel Financial Prod    3.10 12/23/2016    EUR     68.20
Vontobel Financial Prod    3.25 12/23/2016    EUR     60.25
Societe Generale Effekt    7.06 10/10/2016    EUR     73.76
Societe Generale Effekt    7.88 10/10/2016    EUR     71.55
Societe Generale Effekt    8.76 10/10/2016    EUR     69.47
Societe Generale Effekt    9.70 10/10/2016    EUR     67.52
Societe Generale Effekt   10.69 10/10/2016    EUR     65.67
Bank Julius Baer & Co L    9.42 10/24/2016    EUR     72.15
Zurcher Kantonalbank Fi   10.00 10/31/2016    CHF     53.75
Zurcher Kantonalbank Fi   11.60 10/31/2016    CHF     74.74
Landesbank Hessen-Thuer    8.40   5/8/2020    EUR     72.36
Credit Suisse AG/Nassau    6.25 10/31/2016    EUR     52.10
Bank Julius Baer & Co L    8.50  11/4/2016    CHF     53.80
Bank Julius Baer & Co L   10.00  11/4/2016    CHF     65.30
Leonteq Securities AG      5.00   5/7/2019    CHF     70.25
Notenstein La Roche Pri    5.20  11/4/2016    EUR     53.46
Leonteq Securities AG     17.60 10/24/2016    CHF     55.66
Leonteq Securities AG/G    3.22  11/8/2016    USD     74.06
Landesbank Baden-Wuertt    3.25  8/25/2017    EUR     47.23
Bayerische Landesbank      2.70  7/27/2018    EUR     65.31
Landesbank Baden-Wuertt    3.00  6/28/2019    EUR     65.79
Commerzbank AG             7.24  4/27/2017    EUR     40.03
Commerzbank AG             6.24  4/27/2017    EUR     70.22
Commerzbank AG             4.40  4/29/2019    EUR     66.43
Leonteq Securities AG      8.00  4/24/2017    USD     65.86
DekaBank Deutsche Giroz    3.25  4/20/2018    EUR     41.97
DekaBank Deutsche Giroz    2.60  4/21/2017    EUR     53.26
Landesbank Hessen-Thuer    4.00   6/5/2019    EUR     65.22
Landesbank Baden-Wuertt    3.15 11/25/2016    EUR     50.46
Deutsche Bank AG           6.80  3/28/2017    EUR     68.10
Notenstein La Roche Pri    4.00   5/8/2018    CHF     55.79
Notenstein La Roche Pri    8.20  11/8/2016    EUR     57.51
Raiffeisen Centrobank A    6.51  6/21/2017    EUR     74.85
Landesbank Baden-Wuertt    5.00 10/28/2016    EUR     73.95
Landesbank Baden-Wuertt    6.00 10/28/2016    EUR     71.07
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     59.29
Landesbank Baden-Wuertt    6.00 10/28/2016    EUR     72.63
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     71.62
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     66.73
Landesbank Baden-Wuertt    2.50 10/28/2016    EUR     64.24
Landesbank Baden-Wuertt    3.50 10/28/2016    EUR     60.77
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     58.86
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     65.22
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     59.66
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     46.29
Landesbank Baden-Wuertt    4.00 10/28/2016    EUR     43.57
Landesbank Baden-Wuertt    5.00 10/28/2016    EUR     41.61
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     58.20
Landesbank Baden-Wuertt    4.00 10/28/2016    EUR     55.68
Landesbank Baden-Wuertt    4.00 10/28/2016    EUR     74.09
Landesbank Baden-Wuertt    5.00 10/28/2016    EUR     71.23
Landesbank Baden-Wuertt    2.50 10/28/2016    EUR     63.42
Landesbank Baden-Wuertt    3.50 10/28/2016    EUR     59.88
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     57.09
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     71.70
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     66.55
HSBC Trinkaus & Burkhar    7.40 12/23/2016    EUR     69.55
HSBC Trinkaus & Burkhar    7.90 12/23/2016    EUR     71.91
HSBC Trinkaus & Burkhar    7.90 12/23/2016    EUR     52.38
HSBC Trinkaus & Burkhar    8.10 12/23/2016    EUR     38.63
HSBC Trinkaus & Burkhar    7.90 12/23/2016    EUR     54.97
HSBC Trinkaus & Burkhar    6.90 12/23/2016    EUR     66.73
HSBC Trinkaus & Burkhar    8.50 12/23/2016    EUR     59.96
HSBC Trinkaus & Burkhar    6.10 12/23/2016    EUR     65.56
HSBC Trinkaus & Burkhar    7.30 12/23/2016    EUR     55.76
HSBC Trinkaus & Burkhar    9.10 12/23/2016    EUR     66.39
HSBC Trinkaus & Burkhar    6.60 12/23/2016    EUR     73.46
DekaBank Deutsche Giroz    2.75 10/29/2018    EUR     41.46
DekaBank Deutsche Giroz    2.00  4/27/2018    EUR     69.11
Notenstein Finance Guer    7.19   5/6/2019    EUR     62.73
DekaBank Deutsche Giroz    2.90 10/28/2016    EUR     68.42
DekaBank Deutsche Giroz    5.80 10/21/2016    EUR     68.25
DekaBank Deutsche Giroz    3.00  4/30/2019    EUR     65.02
UBS AG                     5.20 11/11/2016    EUR     74.32
UBS AG                     7.40 11/11/2016    EUR     54.41
UBS AG                     6.40 11/11/2016    EUR     70.61
UBS AG                     3.40 11/11/2016    EUR     65.64
UBS AG                     2.50 11/11/2016    EUR     68.48
UBS AG                     4.40 11/11/2016    EUR     61.95
UBS AG                     9.30 11/11/2016    EUR     62.75
UBS AG                     5.60 11/11/2016    EUR     58.71
UBS AG                     3.10 11/11/2016    EUR     68.17
Notenstein La Roche Pri    3.00  5/22/2019    CHF     73.81
Notenstein La Roche Pri    5.00 11/15/2016    CHF     74.12
EFG International Finan    6.26   5/7/2018    EUR     58.48
Landesbank Hessen-Thuer    3.15 12/12/2016    EUR     51.20
UniCredit Bank AG          4.30  7/28/2017    EUR     66.48
Landesbank Hessen-Thuer    7.40  6/12/2020    EUR     68.85
Landesbank Baden-Wuertt    3.55  8/25/2017    EUR     70.99
Credit Suisse AG/Nassau    8.00 11/21/2016    EUR     54.54
Zurcher Kantonalbank Fi    9.00 11/21/2016    CHF     56.48
Landesbank Baden-Wuertt    4.00  6/22/2018    EUR     47.59
Landesbank Baden-Wuertt    3.60  6/22/2018    EUR     59.47
Credit Suisse AG/Nassau    7.00 11/21/2016    CHF     55.70
Zurcher Kantonalbank Fi    5.37 11/18/2016    CHF     69.34
UBS AG                     7.40  5/17/2021    CHF     66.57
UBS AG                     7.40  5/17/2021    CHF     61.62
Notenstein La Roche Pri    8.00 11/22/2016    EUR     73.85
Notenstein La Roche Pri    7.20 11/22/2016    CHF     72.31
Vontobel Financial Prod   15.00  3/24/2017    EUR     70.15
Bank Julius Baer & Co L    7.60   3/8/2017    CHF     67.95
UBS AG/London             10.00  3/16/2017    CHF     45.08
DekaBank Deutsche Giroz    4.20  10/7/2016    EUR     50.37
Credit Suisse AG/London    5.00 10/21/2016    CHF     71.29
Vontobel Financial Prod    7.50 10/28/2016    EUR     66.93
Goldman Sachs & Co Wert    5.25 11/11/2016    EUR     39.03
Leonteq Securities AG      5.80   5/4/2017    CHF     74.75
UBS AG/London              6.25  4/18/2017    CHF     71.75
Notenstein La Roche Pri    6.50 10/24/2016    CHF     66.94
Leonteq Securities AG      5.60  4/24/2017    CHF     66.10
Leonteq Securities AG      7.20  4/24/2017    EUR     55.39
Vontobel Financial Prod    6.00 11/15/2016    EUR     39.66
Landesbank Hessen-Thuer    5.00 11/15/2016    EUR     52.90
Deutsche Bank AG           6.20 12/20/2016    EUR     64.40
Deutsche Bank AG           4.20 12/20/2016    EUR     66.50
Deutsche Bank AG           4.20 12/20/2016    EUR     63.90
Deutsche Bank AG           6.20 12/20/2016    EUR     67.00
Deutsche Bank AG           4.20 12/20/2016    EUR     55.70
Deutsche Bank AG           4.20 12/20/2016    EUR     49.30
Deutsche Bank AG           6.20 12/20/2016    EUR     49.80
Deutsche Bank AG           6.20 12/20/2016    EUR     48.00
Deutsche Bank AG           4.20 12/20/2016    EUR     74.00
Deutsche Bank AG           4.20 12/20/2016    EUR     58.10
Deutsche Bank AG           4.20 12/20/2016    EUR     47.60
Deutsche Bank AG           4.20 12/20/2016    EUR     41.60
Deutsche Bank AG           4.20 12/20/2016    EUR     35.50
Deutsche Bank AG           4.20 12/20/2016    EUR     37.70
Deutsche Bank AG           4.20 12/20/2016    EUR     68.40
Deutsche Bank AG           6.20 12/20/2016    EUR     38.20
Deutsche Bank AG           6.20 12/20/2016    EUR     37.00
Deutsche Bank AG           4.20 12/20/2016    EUR     62.90
Deutsche Bank AG           4.20 12/20/2016    EUR     36.50
Deutsche Bank AG           6.20 12/20/2016    EUR     71.80
Deutsche Bank AG           6.20 12/20/2016    EUR     36.00
Deutsche Bank AG           4.20 12/20/2016    EUR     67.00
Deutsche Bank AG           6.20 12/20/2016    EUR     59.10
Deutsche Bank AG           6.20 12/20/2016    EUR     57.30
Deutsche Bank AG           6.20 12/20/2016    EUR     72.70
Deutsche Bank AG           6.20 12/20/2016    EUR     63.90
Deutsche Bank AG           4.20 12/20/2016    EUR     72.30
Deutsche Bank AG           4.20 12/20/2016    EUR     63.40
Deutsche Bank AG           4.20 12/20/2016    EUR     58.60
Deutsche Bank AG           4.20 12/20/2016    EUR     56.80
Deutsche Bank AG           6.20 12/20/2016    EUR     61.40
Deutsche Bank AG           4.20 12/20/2016    EUR     60.90
Deutsche Bank AG           6.20 12/20/2016    EUR     67.50
Deutsche Bank AG           4.20 12/20/2016    EUR     48.40
Deutsche Bank AG           6.20 12/20/2016    EUR     48.80
Deutsche Bank AG           4.20 12/20/2016    EUR     57.40
DekaBank Deutsche Giroz    3.25  5/30/2018    EUR     73.99
Landesbank Baden-Wuertt    2.50 12/23/2016    EUR     74.44
Landesbank Baden-Wuertt    3.50 12/23/2016    EUR     67.74
Landesbank Baden-Wuertt    4.50 12/23/2016    EUR     62.76
Landesbank Baden-Wuertt    2.00 12/23/2016    EUR     57.42
Landesbank Baden-Wuertt    3.00 12/23/2016    EUR     53.45
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     50.47
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     73.55
Landesbank Baden-Wuertt    5.00 12/23/2016    EUR     48.24
Landesbank Baden-Wuertt    5.00 12/23/2016    EUR     70.23
Landesbank Baden-Wuertt    2.00 12/23/2016    EUR     71.19
Landesbank Baden-Wuertt    2.00 12/23/2016    EUR     73.85
Landesbank Baden-Wuertt    3.00 12/23/2016    EUR     65.89
Landesbank Baden-Wuertt    3.00 12/23/2016    EUR     68.96
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     62.37
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     64.72
Landesbank Baden-Wuertt    2.00 12/23/2016    EUR     56.24
Landesbank Baden-Wuertt    3.00  8/24/2018    EUR     60.42
Landesbank Baden-Wuertt    3.40  6/22/2018    EUR     68.18
Landesbank Baden-Wuertt    2.70  7/27/2018    EUR     66.67
Landesbank Baden-Wuertt    4.20  6/23/2017    EUR     59.50
Landesbank Baden-Wuertt    3.20  7/27/2018    EUR     60.02
Landesbank Baden-Wuertt    4.40  6/23/2017    EUR     73.24
Landesbank Baden-Wuertt    4.20  6/23/2017    EUR     41.67
Landesbank Baden-Wuertt    2.50 10/28/2016    EUR     52.06
Landesbank Baden-Wuertt    2.50 10/28/2016    EUR     64.91
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     63.23
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     45.86
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     68.57
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     57.89
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     47.09
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     70.09
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     69.68
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     64.17
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     73.75
Landesbank Baden-Wuertt    5.00 10/28/2016    EUR     62.32
Landesbank Baden-Wuertt    5.00 10/28/2016    EUR     74.74
Landesbank Baden-Wuertt    5.50 10/28/2016    EUR     72.66
Landesbank Baden-Wuertt    5.50 10/28/2016    EUR     43.84
Landesbank Baden-Wuertt    5.50 10/28/2016    EUR     55.38
Landesbank Baden-Wuertt    3.50 10/28/2016    EUR     48.69
Landesbank Baden-Wuertt    3.50 10/28/2016    EUR     60.83
Landesbank Baden-Wuertt    4.00 10/28/2016    EUR     65.50
Landesbank Baden-Wuertt    6.50 10/28/2016    EUR     57.16
Landesbank Baden-Wuertt    6.00 10/28/2016    EUR     59.93
Landesbank Baden-Wuertt    3.00 10/27/2017    EUR     54.04
Landesbank Baden-Wuertt    3.00 10/27/2017    EUR     64.90
Landesbank Baden-Wuertt    5.00 10/27/2017    EUR     48.54
Landesbank Baden-Wuertt    5.00 10/27/2017    EUR     58.99
Landesbank Baden-Wuertt    4.00 10/27/2017    EUR     61.97
Landesbank Baden-Wuertt    3.50 10/27/2017    EUR     71.00
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     49.95
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     58.26
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     69.64
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     73.37
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     71.25
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     71.82
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     48.02
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     54.44
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     65.44
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     67.57
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     74.19
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     67.70
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     51.40
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     62.24
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     64.47
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     71.15
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     64.28
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     48.97
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     59.41
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     71.79
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     61.58
Landesbank Baden-Wuertt    4.00  2/24/2017    EUR     70.51
Landesbank Baden-Wuertt    4.00  2/24/2017    EUR     67.51
Landesbank Baden-Wuertt    5.00  2/24/2017    EUR     66.18
Landesbank Baden-Wuertt    5.00  2/24/2017    EUR     64.66
Landesbank Baden-Wuertt    6.00  2/24/2017    EUR     62.96
Landesbank Baden-Wuertt    3.60  9/22/2017    EUR     50.67
Landesbank Baden-Wuertt    4.60  6/23/2017    EUR     69.53
Landesbank Baden-Wuertt    4.00 10/28/2016    EUR     73.77
Landesbank Baden-Wuertt    3.25  7/28/2017    EUR     70.96
Landesbank Baden-Wuertt    3.90  7/28/2017    EUR     61.99
Landesbank Baden-Wuertt    3.60 12/23/2016    EUR     49.29
Landesbank Baden-Wuertt    4.70 10/28/2016    EUR     71.42
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     73.47
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     70.06
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     65.87
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     60.39
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     74.50
Landesbank Baden-Wuertt    6.00  3/24/2017    EUR     71.52
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     66.79
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     62.41
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     59.15
Landesbank Baden-Wuertt    6.00  3/24/2017    EUR     56.37
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     44.15
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     41.95
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     40.17
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     72.11
Landesbank Baden-Wuertt    4.50  3/24/2017    EUR     66.82
Landesbank Baden-Wuertt    6.00  3/24/2017    EUR     63.16
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     64.87
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     61.36
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     59.14
Landesbank Baden-Wuertt    2.50  3/24/2017    EUR     49.20
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     59.78
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     74.60
Landesbank Baden-Wuertt    5.00  3/24/2017    EUR     71.34
Landesbank Baden-Wuertt    6.00  3/24/2017    EUR     68.36
Landesbank Baden-Wuertt    3.05  8/25/2017    EUR     71.75
Landesbank Baden-Wuertt    3.00  3/24/2017    EUR     60.45
Landesbank Baden-Wuertt    4.00  3/24/2017    EUR     57.16
Landesbank Baden-Wuertt    5.50  3/24/2017    EUR     53.50
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     74.17
Landesbank Baden-Wuertt    3.00  7/28/2017    EUR     52.91
Landesbank Baden-Wuertt    5.00 12/23/2016    EUR     51.75
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     62.18
Landesbank Baden-Wuertt    4.80  6/23/2017    EUR     58.16
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     68.90
Landesbank Baden-Wuertt    3.25  7/28/2017    EUR     63.72
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     50.10
Landesbank Baden-Wuertt    4.10  7/28/2017    EUR     73.08
Landesbank Baden-Wuertt    3.15  8/25/2017    EUR     57.29
Landesbank Baden-Wuertt    4.40  8/25/2017    EUR     65.39
Landesbank Baden-Wuertt    3.70  8/25/2017    EUR     50.36
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     59.90
Landesbank Baden-Wuertt    4.50  8/25/2017    EUR     60.99
Landesbank Baden-Wuertt    3.55  8/25/2017    EUR     54.59
Landesbank Baden-Wuertt    3.70  9/22/2017    EUR     46.99
Landesbank Baden-Wuertt    3.75  9/22/2017    EUR     54.11
Landesbank Baden-Wuertt    3.90  9/22/2017    EUR     52.86
Landesbank Baden-Wuertt    3.20  9/22/2017    EUR     45.05
Landesbank Baden-Wuertt    3.00  6/22/2018    EUR     69.90
Landesbank Baden-Wuertt    3.10 11/24/2017    EUR     59.55
Landesbank Baden-Wuertt    3.50 11/24/2017    EUR     70.64
Landesbank Baden-Wuertt    3.40  6/23/2017    EUR     66.43
Landesbank Baden-Wuertt    3.85 10/27/2017    EUR     59.23
Landesbank Baden-Wuertt    3.00 11/24/2017    EUR     67.39
Landesbank Baden-Wuertt    3.40 11/24/2017    EUR     55.64
Vontobel Financial Prod    8.00 11/25/2016    EUR     49.50
Vontobel Financial Prod    6.50 11/25/2016    EUR     49.07
Landesbank Baden-Wuertt    2.50  1/25/2019    EUR     73.79
Landesbank Baden-Wuertt    3.50  1/26/2018    EUR     52.08
Landesbank Baden-Wuertt    3.45  3/22/2019    EUR     74.99
Landesbank Baden-Wuertt    4.50  3/23/2018    EUR     69.90
Landesbank Baden-Wuertt    3.00  6/28/2019    EUR     50.10
Landesbank Baden-Wuertt    2.50  6/28/2019    EUR     62.20
Landesbank Baden-Wuertt    3.00  6/28/2019    EUR     65.05
Landesbank Baden-Wuertt    3.50  6/22/2018    EUR     58.86
Landesbank Baden-Wuertt    4.00  8/25/2017    EUR     53.57
Landesbank Baden-Wuertt    3.00  9/22/2017    EUR     71.74
Landesbank Baden-Wuertt    3.00  9/28/2018    EUR     60.05
Landesbank Baden-Wuertt    3.75 10/27/2017    EUR     60.33
Landesbank Baden-Wuertt    3.00   1/4/2019    EUR     66.31
DZ Bank AG Deutsche Zen    7.30 12/19/2016    EUR     64.69
Bank Julius Baer & Co L    6.00 11/16/2016    CHF     72.25
Barclays Bank PLC          2.50   3/7/2017    EUR     48.94
HSBC Trinkaus & Burkhar    4.50  7/28/2017    EUR     72.63
EFG International Finan    6.00 11/30/2017    EUR     24.20
Commerzbank AG             4.00  7/19/2017    EUR     39.29
Landesbank Baden-Wuertt    3.85  8/25/2017    EUR     46.85
Vontobel Financial Prod   18.00 12/23/2016    EUR     73.95
HSBC Trinkaus & Burkhar    9.80 12/23/2016    EUR     71.73
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     72.59
Societe Generale Effekt    2.50  10/7/2016    EUR     62.00
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     68.45
Goldman Sachs & Co Wert   14.00 11/23/2016    EUR     65.28
Goldman Sachs & Co Wert   18.00 11/23/2016    EUR     60.18
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     42.27
Goldman Sachs & Co Wert   20.00 11/23/2016    EUR     72.87
Kaupthing ehf              3.75  2/15/2024    ISK     17.63
Vontobel Financial Prod   13.50 12/23/2016    EUR     73.74
Vontobel Financial Prod   10.45 10/28/2016    EUR     71.54
Lehman Brothers Treasur   18.25  10/2/2008    USD      0.75
Credit Suisse AG/London    5.00 10/13/2016    CHF     69.81
Deutsche Bank AG           5.50 12/20/2016    EUR     60.20
DZ Bank AG Deutsche Zen    5.80 12/23/2016    EUR     73.64
Lehman Brothers Treasur    1.50 10/12/2010    EUR      0.75
Lehman Brothers Treasur    7.00 10/22/2010    EUR      0.75
Lehman Brothers Treasur    5.75  6/15/2009    CHF      0.75
Lehman Brothers Treasur    7.50 10/24/2008    USD      0.75
Lehman Brothers Treasur   10.00  3/27/2009    USD      0.75
Lehman Brothers Treasur    7.00  4/14/2009    EUR      0.75
Lehman Brothers Treasur    7.75  1/30/2009    EUR      0.75
Lehman Brothers Treasur    0.25  7/21/2014    EUR      0.75
Lehman Brothers Treasur    4.95 10/25/2036    EUR      0.75
Lehman Brothers Treasur    8.00   8/3/2009    USD      0.75
Lehman Brothers Treasur    5.50  6/15/2009    CHF      0.75
Lehman Brothers Treasur    1.50 10/25/2011    EUR      0.75
Lehman Brothers Treasur    2.50 12/15/2011    GBP      0.75
Lehman Brothers Treasur    4.00 11/24/2016    EUR      0.75
Lehman Brothers Treasur    7.59 11/22/2009    MXN     11.88
Lehman Brothers Treasur    7.60  3/26/2009    EUR      0.75
Lehman Brothers Treasur    7.55 12/29/2008    USD      0.75
WGZ-Bank AG Westdeutsch    6.25 12/16/2016    EUR     58.68
WGZ-Bank AG Westdeutsch    4.25 12/16/2016    EUR     74.63
WGZ-Bank AG Westdeutsch    5.25 12/16/2016    EUR     71.19
Vontobel Financial Prod   15.00 12/23/2016    EUR     73.62
Vontobel Financial Prod   16.50 12/23/2016    EUR     71.38
Deutsche Bank AG           5.50 12/20/2016    EUR     57.00
Deutsche Bank AG           5.50 12/20/2016    EUR     54.00
Lehman Brothers Treasur    4.00 10/12/2010    USD      0.75
Deutsche Bank AG           7.50 12/20/2016    EUR     57.50
Deutsche Bank AG           7.50 12/20/2016    EUR     54.50
Deutsche Bank AG           7.50 12/20/2016    EUR     51.90
Lehman Brothers Treasur    8.00 10/23/2008    USD      0.75
Goldman Sachs & Co Wert    8.00 11/23/2016    EUR     50.59
Goldman Sachs & Co Wert    8.00 11/23/2016    EUR     46.58
Lehman Brothers Treasur   12.22 11/21/2017    USD      0.75
BNP Paribas Emissions-     7.00 12/22/2016    EUR     71.64
BNP Paribas Emissions-    10.00 12/22/2016    EUR     46.08
BNP Paribas Emissions-     8.00 12/22/2016    EUR     72.75
BNP Paribas Emissions-     9.00 12/22/2016    EUR     69.42
BNP Paribas Emissions-    13.00 12/22/2016    EUR     62.82
BNP Paribas Emissions-    22.00 12/22/2016    EUR     74.21
BNP Paribas Emissions-    13.00 12/22/2016    EUR     73.62
Lehman Brothers Treasur    2.50  11/9/2011    CHF      0.75
Vontobel Financial Prod    9.20 10/28/2016    EUR     68.88
Commerzbank AG             5.00 10/28/2016    EUR     56.62
Lehman Brothers Treasur    3.00  12/3/2012    EUR      0.75
Leonteq Securities AG     10.20  1/26/2017    CHF     59.37
Lehman Brothers Treasur    4.80 11/16/2012    HKD      0.75
Landesbank Baden-Wuertt    3.00 10/28/2016    EUR     63.29
Landesbank Baden-Wuertt    4.50 10/28/2016    EUR     57.55
Landesbank Baden-Wuertt    6.00 10/28/2016    EUR     53.91
Lehman Brothers Treasur    3.50 12/20/2027    USD      0.75
BNP Paribas Emissions-     8.50 12/22/2016    EUR     68.36
BNP Paribas Emissions-    10.00 12/22/2016    EUR     65.42
BNP Paribas Emissions-     8.00 12/22/2016    EUR     49.25
BNP Paribas Emissions-     7.00 12/22/2016    EUR     49.57
BNP Paribas Emissions-     7.00 12/22/2016    EUR     71.85
BNP Paribas Emissions-    11.00 12/22/2016    EUR     63.38
BNP Paribas Emissions-    14.00 12/22/2016    EUR     60.31
Lehman Brothers Treasur    5.50 11/30/2012    CZK      0.75
BNP Paribas Emissions-    24.00 12/22/2016    EUR     71.52
BNP Paribas Emissions-    13.00 12/22/2016    EUR     73.27
Lehman Brothers Treasur    6.00 10/30/2012    USD      0.75
Lehman Brothers Treasur   16.00  10/8/2008    CHF      0.75
Lehman Brothers Treasur    3.40  9/21/2009    HKD      0.75
Deutsche Bank AG           5.50 12/20/2016    EUR     71.50
Deutsche Bank AG           7.50 12/20/2016    EUR     72.00
Deutsche Bank AG           7.50 12/20/2016    EUR     67.60
Deutsche Bank AG           7.50 12/20/2016    EUR     73.80
Lehman Brothers Treasur   13.00  7/25/2012    EUR      0.75
Lehman Brothers Treasur   10.00   8/2/2037    JPY      0.75
Goldman Sachs & Co Wert   10.00 11/23/2016    EUR     71.64
Goldman Sachs & Co Wert    4.00 11/23/2016    EUR     71.44
Goldman Sachs & Co Wert    5.00 11/23/2016    EUR     63.79
Goldman Sachs & Co Wert    7.00 11/23/2016    EUR     57.82
Goldman Sachs & Co Wert    9.00 11/23/2016    EUR     52.98
Goldman Sachs & Co Wert    6.00  3/22/2017    EUR     59.61
Goldman Sachs & Co Wert    4.00  6/21/2017    EUR     72.05
Goldman Sachs & Co Wert   16.00  3/22/2017    EUR     46.97
Lehman Brothers Treasur    2.50  8/23/2012    GBP      0.75
Drangedal Sparebank        2.30               NOK     69.45
Bank Julius Baer & Co L    7.50  10/7/2016    EUR     37.35
Bank Julius Baer & Co L    6.00 10/19/2016    CHF     68.20
Credit Suisse AG/London    7.00 10/26/2016    CHF     74.82
DZ Bank AG Deutsche Zen    6.75 10/28/2016    EUR     70.66
DZ Bank AG Deutsche Zen   12.25 10/28/2016    EUR     65.21
Vontobel Financial Prod   13.50 12/23/2016    EUR     73.44
Bank Julius Baer & Co L    3.90 10/27/2016    CHF     54.35
Deutsche Bank AG           5.20  3/21/2017    EUR     71.80
Deutsche Bank AG           5.20  3/21/2017    EUR     68.40
Deutsche Bank AG           5.20  3/21/2017    EUR     54.20
Deutsche Bank AG           5.20  3/21/2017    EUR     52.00
Deutsche Bank AG           5.20  3/21/2017    EUR     50.00
Deutsche Bank AG           5.20  3/21/2017    EUR     48.10
Deutsche Bank AG           7.20 12/20/2016    EUR     64.60
Deutsche Bank AG           7.20  3/21/2017    EUR     72.80
Deutsche Bank AG           7.20  3/21/2017    EUR     69.40
Deutsche Bank AG           7.20  3/21/2017    EUR     51.00
Deutsche Bank AG           7.20  3/21/2017    EUR     49.10
UBS AG                     6.50 11/25/2016    EUR     44.98
UBS AG                     6.25 11/25/2016    EUR     60.38
UniCredit Bank AG          4.00 12/22/2016    EUR     70.08
Credit Suisse AG/Nassau    7.25 10/31/2016    CHF     69.64
Landesbank Baden-Wuertt    3.35 11/23/2018    EUR     60.20
Vontobel Financial Prod    8.50 10/28/2016    EUR     47.94
Lehman Brothers Treasur    7.50  9/13/2009    CHF      0.75
Lehman Brothers Treasur    6.00  2/14/2012    EUR      0.75
Lehman Brothers Treasur    7.00  2/15/2012    EUR      0.75
Lehman Brothers Treasur    6.00  5/12/2017    EUR      0.75
Lehman Brothers Treasur    4.10  2/19/2010    EUR      0.75
Lehman Brothers Treasur    6.60  2/22/2012    EUR      0.75
Lehman Brothers Treasur    5.20  3/19/2018    EUR      0.75
Lehman Brothers Treasur    5.00  2/28/2032    EUR      0.75
Lehman Brothers Treasur    3.50 10/31/2011    USD      0.75
Lehman Brothers Treasur    3.50 10/24/2011    USD      0.75
Lehman Brothers Treasur    1.68   3/5/2015    EUR      0.75
Lehman Brothers Treasur   13.50 11/28/2008    USD      0.75
Lehman Brothers Treasur    9.00  5/15/2022    USD      0.75
Lehman Brothers Treasur    6.75   4/5/2012    EUR      0.75
Raiffeisen Centrobank A    2.80 11/14/2016    EUR     45.26
EFG International Finan   12.86 10/30/2017    EUR     20.75
DekaBank Deutsche Giroz    4.00 12/12/2016    EUR     58.38
Credit Suisse AG/London    7.20   8/2/2019    USD      9.59
UniCredit Bank AG          5.40 12/22/2016    EUR     73.94
UniCredit Bank AG          5.20 12/22/2016    EUR     74.73
Vontobel Financial Prod   10.55  12/9/2016    EUR     49.88
Vontobel Financial Prod   12.25  3/10/2017    EUR     49.20
Vontobel Financial Prod    2.50  12/9/2016    EUR     71.22
Vontobel Financial Prod    3.35  12/9/2016    EUR     67.31
Vontobel Financial Prod    5.65  3/10/2017    EUR     59.21
Vontobel Financial Prod   11.75   6/9/2017    EUR     52.01
Vontobel Financial Prod    3.75 12/23/2016    EUR     57.45
Vontobel Financial Prod    6.00 12/23/2016    EUR     41.80
Vontobel Financial Prod    7.80  12/9/2016    EUR     73.08
Vontobel Financial Prod   10.95  12/9/2016    EUR     66.14
DZ Bank AG Deutsche Zen    5.00 10/28/2016    EUR     72.23
DZ Bank AG Deutsche Zen    9.70 10/26/2016    EUR     52.86
DZ Bank AG Deutsche Zen   11.50 10/26/2016    EUR     67.12
Deutsche Bank AG           5.50 12/20/2016    EUR     74.67
Deutsche Bank AG           5.50 12/20/2016    EUR     66.98
Deutsche Bank AG           7.50 12/20/2016    EUR     50.92
Vontobel Financial Prod   12.50 10/28/2016    EUR     74.08
Vontobel Financial Prod   14.50 10/28/2016    EUR     71.44
DZ Bank AG Deutsche Zen    5.50 12/19/2016    EUR     74.82
DZ Bank AG Deutsche Zen    5.00 12/19/2016    EUR     47.65
BNP Paribas Emissions-     6.50 10/27/2016    EUR     42.10
DZ Bank AG Deutsche Zen    9.00 12/19/2016    EUR     65.64
Zurcher Kantonalbank Fi   12.53 10/14/2016    CHF     73.53
Bank Julius Baer & Co L   16.00 10/14/2016    USD     73.15
Commerzbank AG            20.00  5/28/2018    SEK     57.84
HSBC Trinkaus & Burkhar    1.75  8/25/2017    EUR     64.29
Societe Generale SA        0.50  5/22/2024    MXN     57.57
Landesbank Hessen-Thuer    4.00  5/16/2018    EUR     47.17
Vontobel Financial Prod    8.30   6/9/2017    EUR     73.86
Vontobel Financial Prod   10.95  3/10/2017    EUR     73.85
Vontobel Financial Prod   14.95   6/9/2017    EUR     74.65
Lehman Brothers Treasur    7.06 12/29/2008    EUR      0.75
Lehman Brothers Treasur    7.63  7/22/2011    HKD      0.75
HSBC Trinkaus & Burkhar    5.00  4/28/2017    EUR     56.55
Lehman Brothers Treasur    6.60   2/9/2009    EUR      0.75
Lehman Brothers Treasur    6.72 12/29/2008    EUR      0.75
HSBC Trinkaus & Burkhar    5.00  5/26/2017    EUR     73.36
Oberoesterreichische La    0.32  11/6/2030    EUR     67.63
Lehman Brothers Treasur    8.05 12/20/2010    HKD      0.75
Lehman Brothers Treasur    2.00  6/21/2011    EUR      0.75
Lehman Brothers Treasur    0.50  2/16/2009    EUR      0.75
Lehman Brothers Treasur   10.00   1/4/2010    USD      0.75
Lehman Brothers Treasur    4.25  3/13/2021    EUR      0.75
Lehman Brothers Treasur    6.00  3/17/2011    EUR      0.75
Lehman Brothers Treasur    6.00  6/21/2011    EUR      0.75
Lehman Brothers Treasur    7.50   8/1/2035    EUR      0.75
Lehman Brothers Treasur    6.00  12/6/2016    USD      0.75
Lehman Brothers Treasur    4.70  3/23/2016    EUR      0.75
Lehman Brothers Treasur    8.00  4/20/2009    EUR      0.75
Lehman Brothers Treasur    4.15  8/25/2020    EUR      0.75
Lehman Brothers Treasur    6.50  5/16/2015    EUR      0.75
Lehman Brothers Treasur    5.00   9/1/2011    EUR      0.75
Lehman Brothers Treasur    7.00  7/11/2010    EUR      0.75
Lehman Brothers Treasur    6.00  7/28/2010    EUR      0.75
Lehman Brothers Treasur    6.00  7/28/2010    EUR      0.75
Lehman Brothers Treasur    4.90  7/28/2020    EUR      0.75
Lehman Brothers Treasur    3.50  9/29/2017    EUR      0.75
Lehman Brothers Treasur    3.00   8/8/2017    EUR      0.75
Lehman Brothers Treasur    3.00  8/15/2017    EUR      0.75
Bank Nederlandse Gemeen    0.50  8/15/2022    ZAR     59.88
Municipality Finance PL    0.50  7/30/2029    AUD     73.43
HSBC Trinkaus & Burkhar    4.00  6/16/2017    EUR     71.70
HSBC Trinkaus & Burkhar    4.00  6/16/2017    EUR     66.85
HSBC Bank PLC              0.50  12/8/2020    BRL     65.72
Notenstein La Roche Pri    4.50  5/22/2018    CHF     63.83
UniCredit Bank AG          4.50 12/22/2016    EUR     64.28
Zurcher Kantonalbank Fi    9.60 11/22/2016    EUR     71.83
Lehman Brothers Treasur    8.60  7/31/2013    GBP      0.75
UniCredit Bank AG          4.40 12/22/2016    EUR     73.53
UniCredit Bank AG          7.50 12/22/2016    EUR     72.73
UniCredit Bank AG          4.00 12/22/2016    EUR     52.69
Lehman Brothers Treasur    8.28  7/31/2013    GBP      0.75
UniCredit Bank AG          4.75 12/22/2016    EUR     42.43
UniCredit Bank AG          4.25 12/22/2016    EUR     52.22
UniCredit Bank AG          4.50 12/22/2016    EUR     43.93
Lehman Brothers Treasur    3.40  3/19/2018    JPY      0.75
Immigon Portfolioabbau     5.05   8/5/2030    EUR     61.63
Notenstein La Roche Pri    4.20  5/22/2019    CHF     65.30
UniCredit Bank AG          4.50 12/22/2016    EUR     51.77
UniCredit Bank AG          5.00 12/22/2016    EUR     41.03
UniCredit Bank AG          6.00 12/22/2016    EUR     61.05
UniCredit Bank AG          5.00 12/22/2016    EUR     63.16
UniCredit Bank AG          4.00 12/22/2016    EUR     47.29
WGZ-Bank AG Westdeutsch    4.00  11/7/2016    EUR     39.94
Lehman Brothers Treasur    4.70  3/23/2016    EUR      0.75
Goldman Sachs & Co Wert   22.00  5/24/2017    EUR     74.88
Kaupthing ehf              7.00  7/24/2009    ISK     17.63
Lehman Brothers Treasur    5.00  3/13/2009    EUR      0.75
Lehman Brothers Treasur    8.88  1/28/2011    HKD      9.63
Lehman Brothers Treasur    4.05  9/16/2008    EUR      0.75
LBI HF                     8.65   5/1/2011    ISK      7.75
LBI HF                     5.08   3/1/2013    ISK      7.75
Oberoesterreichische La    0.30  4/25/2042    EUR     48.88
BNP Paribas SA             0.50 11/16/2032    MXN     34.45
KPNQwest NV                8.88   2/1/2008    EUR      0.57
Lehman Brothers Treasur    5.22   3/1/2024    EUR      0.75
Deutsche Bank AG           6.80  3/21/2017    EUR     73.50
Deutsche Bank AG           6.80  6/20/2017    EUR     74.20
Lehman Brothers Treasur    3.82 10/20/2009    USD      0.75
Deutsche Bank AG           6.80 12/20/2016    EUR     72.50
National Developing Co    16.00  4/15/2021    RUB     60.11
Lehman Brothers Treasur    4.10  5/20/2009    USD      0.75
Lehman Brothers Treasur    2.00  5/17/2010    EUR      0.75
Vontobel Financial Prod   13.00  3/24/2017    EUR     74.50
Vontobel Financial Prod   14.00  3/24/2017    EUR     73.15
Deutsche Bank AG           4.80 12/20/2016    EUR     72.00
Deutsche Bank AG           4.80  6/20/2017    EUR     72.70
Lehman Brothers Treasur    4.00  2/28/2010    EUR      0.75
Lehman Brothers Treasur    2.30  6/27/2013    USD      0.75
Lehman Brothers Treasur    2.37  7/15/2013    USD      0.75
DZ Bank AG Deutsche Zen   10.00 12/23/2016    EUR     67.73
Lehman Brothers Treasur    1.95  11/4/2013    EUR      0.75
Deutsche Bank AG           6.80 12/20/2016    EUR     73.70
Deutsche Bank AG           4.80  3/21/2017    EUR     72.50
Lehman Brothers Treasur    2.30  4/28/2014    JPY      0.75
Kaupthing ehf              6.50  10/8/2010    ISK     17.63
DZ Bank AG Deutsche Zen    8.00 12/23/2016    EUR     70.20
Lehman Brothers Treasur    4.87  10/8/2013    USD      0.75
Deutsche Bank AG           4.80 12/20/2016    EUR     73.20
Deutsche Bank AG           4.80  3/21/2017    EUR     74.10
Deutsche Bank AG           6.80  6/20/2017    EUR     74.50
Deutsche Bank AG           4.80  6/20/2017    EUR     73.00
Deutsche Bank AG           4.80 12/20/2016    EUR     74.90
Deutsche Bank AG           4.80  6/20/2017    EUR     74.20
HSBC Trinkaus & Burkhar    3.75  9/22/2017    EUR     73.06
Lehman Brothers Treasur    8.25  12/3/2015    EUR     11.88
Lehman Brothers Treasur   12.00  7/13/2037    JPY      0.75
Lehman Brothers Treasur   10.00  6/11/2038    JPY      0.75
BNP Paribas Emissions-    24.00  3/23/2017    EUR     68.55
Lehman Brothers Treasur    0.75  3/29/2012    EUR      0.75
Immigon Portfolioabbau     0.70   3/1/2021    EUR     69.25
BNP Paribas Emissions-    17.00 12/22/2016    EUR     73.69
BNP Paribas Emissions-    12.00 12/21/2017    EUR     71.91
BNP Paribas Emissions-    18.00 12/22/2016    EUR     64.96
BNP Paribas Emissions-    15.00  6/22/2017    EUR     69.49
Lehman Brothers Treasur    5.00  12/6/2011    EUR      0.75
BNP Paribas Emissions-    20.00 12/22/2016    EUR     74.23
Goldman Sachs & Co Wert   24.00  3/22/2017    EUR     74.63
Goldman Sachs & Co Wert   22.00  5/24/2017    EUR     71.02
BNP Paribas Emissions-    19.00 12/22/2016    EUR     73.41
BNP Paribas Emissions-    21.00 12/22/2016    EUR     70.72
BNP Paribas Emissions-    25.00  3/23/2017    EUR     66.81
Lehman Brothers Treasur    3.63   3/2/2012    EUR      0.75
BNP Paribas Emissions-    13.00 12/22/2016    EUR     73.33
BNP Paribas Emissions-    10.00  3/23/2017    EUR     73.37
BNP Paribas Emissions-    10.00  6/22/2017    EUR     73.66
Commerzbank AG            20.00 10/27/2016    EUR     69.68
Commerzbank AG            18.00 12/22/2016    EUR     72.16
Goldman Sachs & Co Wert   21.00  6/21/2017    EUR     71.90
BNP Paribas Emissions-    17.00  3/23/2017    EUR     74.37
BNP Paribas Emissions-    16.00  6/22/2017    EUR     74.10
BNP Paribas Emissions-    19.00 12/21/2017    EUR     74.91
BNP Paribas Emissions-    15.00  3/23/2017    EUR     67.40
Lehman Brothers Treasur    2.75 10/28/2009    EUR      0.75
HSBC Trinkaus & Burkhar    4.50  4/24/2017    EUR     59.26
Goldman Sachs & Co Wert   20.00  5/24/2017    EUR     72.55
BNP Paribas Emissions-    25.00 12/22/2016    EUR     67.35
BNP Paribas Emissions-    27.00 12/22/2016    EUR     63.99
BNP Paribas Emissions-    18.00  3/23/2017    EUR     73.30
BNP Paribas Emissions-    10.00  9/21/2017    EUR     74.92
Lehman Brothers Treasur    4.50   3/7/2015    EUR      0.75
SpareBank 1 Noetteroey     8.25               NOK     49.98
Lehman Brothers Treasur    4.50 12/30/2010    USD      0.75
Eksportfinans ASA          0.25  7/14/2033    CAD     44.25
Vontobel Financial Prod    3.00 10/28/2016    EUR     66.93
Vontobel Financial Prod    4.00 10/28/2016    EUR     63.32
Vontobel Financial Prod    5.00 10/28/2016    EUR     60.09
Vontobel Financial Prod    6.00 10/28/2016    EUR     57.19
Vontobel Financial Prod    7.00 10/28/2016    EUR     54.57
Vontobel Financial Prod    8.50 10/28/2016    EUR     52.25
Vontobel Financial Prod   10.00 10/28/2016    EUR     50.13
Vontobel Financial Prod   14.50 10/28/2016    EUR     44.82
Vontobel Financial Prod   16.00 10/28/2016    EUR     43.34
Vontobel Financial Prod    3.00 12/23/2016    EUR     67.32
Vontobel Financial Prod    5.00 12/23/2016    EUR     60.85
Vontobel Financial Prod    7.00 12/23/2016    EUR     55.68
Vontobel Financial Prod    9.00 12/23/2016    EUR     51.47
Vontobel Financial Prod   11.50 12/23/2016    EUR     48.12
Vontobel Financial Prod   11.50 10/28/2016    EUR     48.20
Vontobel Financial Prod   13.00 10/28/2016    EUR     46.44
Goldman Sachs & Co Wert   12.00 12/21/2016    EUR     49.99
Bank Julius Baer & Co L    8.05  10/7/2016    CHF     57.60
Bank Nederlandse Gemeen    0.50  9/20/2022    ZAR     59.30
DZ Bank AG Deutsche Zen   11.50  6/23/2017    EUR     70.16
Vontobel Financial Prod   16.10   6/9/2017    EUR     73.70
Vontobel Financial Prod   16.25  3/10/2017    EUR     73.67
Vontobel Financial Prod   14.70  3/10/2017    EUR     74.83
Vontobel Financial Prod   18.20  12/9/2016    EUR     72.27
Vontobel Financial Prod   11.75  3/10/2017    EUR     73.93
Leonteq Securities AG     10.00 12/14/2016    EUR     70.18
Vontobel Financial Prod   15.30 12/23/2016    EUR     67.52
Goldman Sachs & Co Wert   23.00 10/26/2016    EUR     73.98
Vontobel Financial Prod    5.00 11/25/2016    EUR     54.79
Vontobel Financial Prod    3.50 11/25/2016    EUR     57.25
Vontobel Financial Prod    8.60 12/23/2016    EUR     73.80
Vontobel Financial Prod    9.05 11/25/2016    EUR     48.69
Vontobel Financial Prod   12.50 11/25/2016    EUR     45.59
Deutsche Bank AG           6.20 12/20/2016    EUR     70.80
Deutsche Bank AG           6.20 12/20/2016    EUR     64.10
Vontobel Financial Prod   11.00   6/9/2017    EUR     74.23
Societe Generale Effekt    5.27 12/23/2016    EUR     58.23
Vontobel Financial Prod   12.10 12/23/2016    EUR     71.60
Goldman Sachs & Co Wert   23.00 10/26/2016    EUR     64.64
Goldman Sachs & Co Wert   21.00 12/21/2016    EUR     71.01
Vontobel Financial Prod    7.50 11/25/2016    EUR     50.49
Deutsche Bank AG           6.20 12/20/2016    EUR     66.20
Deutsche Bank AG           6.20 12/20/2016    EUR     68.30
HSBC Trinkaus & Burkhar    3.75  8/25/2017    EUR     72.02
UBS AG                     7.85  12/1/2016    EUR     49.30
DZ Bank AG Deutsche Zen    6.20 12/19/2016    EUR     54.41
Vontobel Financial Prod    7.45  12/9/2016    EUR     68.01
HSBC Trinkaus & Burkhar   10.60 12/23/2016    EUR     72.93
HSBC Trinkaus & Burkhar   12.50 12/23/2016    EUR     66.78
HSBC Trinkaus & Burkhar   11.10  3/24/2017    EUR     69.13
HSBC Trinkaus & Burkhar    9.40  1/27/2017    EUR     71.35
HSBC Trinkaus & Burkhar    6.50 12/23/2016    EUR     54.13
Landesbank Baden-Wuertt    3.00 11/23/2018    EUR     67.59
Landesbank Baden-Wuertt    3.00 11/24/2017    EUR     66.72
Landesbank Baden-Wuertt    4.00 11/24/2017    EUR     57.40
DZ Bank AG Deutsche Zen    6.25 12/23/2016    EUR     72.41
HSBC Trinkaus & Burkhar    6.00  1/27/2017    EUR     71.88
HSBC Trinkaus & Burkhar   14.40 12/23/2016    EUR     64.58
Vontobel Financial Prod    9.00   6/9/2017    EUR     69.08
DZ Bank AG Deutsche Zen    9.25  7/28/2017    EUR     72.15
Leonteq Securities AG      9.00 12/14/2016    CHF     71.89
Vontobel Financial Prod   13.70 12/23/2016    EUR     69.47
Credit Suisse AG/Nassau    7.25  6/14/2017    CHF     61.67
Vontobel Financial Prod    6.00 11/25/2016    EUR     52.49
Vontobel Financial Prod   10.50 11/25/2016    EUR     47.03
DZ Bank AG Deutsche Zen    5.90 12/21/2016    EUR     52.33
UBS AG/London             13.80  12/9/2016    EUR     74.39
UBS AG/London              9.30  3/10/2017    EUR     64.16
Svensk Exportkredit AB     0.50  6/29/2029    AUD     64.78
Commerzbank AG             9.25  1/26/2017    EUR     74.75
Commerzbank AG            10.00  1/26/2017    EUR     73.20
Commerzbank AG            10.75  1/26/2017    EUR     71.69
Commerzbank AG            11.75  1/26/2017    EUR     70.33
Eiendomskreditt            5.33               NOK     69.50
Lloyds Bank PLC            0.50  7/26/2028    MXN     46.42
National Capital JSC       9.50  7/25/2018    RUB     60.03
HSBC Bank PLC              0.50   6/9/2023    MXN     62.05
Lehman Brothers Treasur    6.00 12/30/2017    EUR      0.75
Lehman Brothers Treasur    4.10  6/10/2014    SGD      9.63
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     40.79
Goldman Sachs & Co Wert    5.00 11/23/2016    EUR     67.48
Goldman Sachs & Co Wert    6.00 11/23/2016    EUR     60.64
Goldman Sachs & Co Wert   15.00 11/23/2016    EUR     46.00
Goldman Sachs & Co Wert    6.00  3/22/2017    EUR     62.52
Goldman Sachs & Co Wert    4.00  6/21/2017    EUR     68.57
UBS AG/London             13.50  10/7/2016    CHF     32.29
Notenstein La Roche Pri    7.20  4/19/2017    CHF     74.93
Leonteq Securities AG     12.20 10/19/2016    CHF     71.24
Leonteq Securities AG     11.80 10/19/2016    CHF     73.28
Lehman Brothers Treasur    3.00  8/13/2011    EUR      0.75
Lehman Brothers Treasur    5.00  4/24/2017    EUR      0.75
Lehman Brothers Treasur    7.39   5/4/2017    USD      0.75
Lehman Brothers Treasur    4.25  5/15/2010    EUR      0.75
Lehman Brothers Treasur    3.35 10/13/2016    EUR      0.75
Lehman Brothers Treasur    0.80 12/30/2016    EUR      0.75
Lehman Brothers Treasur   10.00   1/3/2012    BRL      0.75
Lehman Brothers Treasur    6.00  5/23/2018    CZK      0.75
Lehman Brothers Treasur    4.00  5/30/2010    USD      0.75
Lehman Brothers Treasur    4.00  5/17/2010    USD      0.75
Lehman Brothers Treasur    2.48  5/12/2009    USD      0.75
Lehman Brothers Treasur    2.25  5/12/2009    USD      0.75
Bulgaria Steel Finance    12.00   5/4/2013    EUR      1.09
Lehman Brothers Treasur    7.50  6/15/2017    USD      0.75
Kaupthing ehf              5.00   1/4/2027    SKK     17.63
Vontobel Financial Prod    9.85 12/23/2016    EUR     66.93
Landesbank Baden-Wuertt    5.50 11/24/2017    EUR     70.87
Landesbank Baden-Wuertt    3.00 11/24/2017    EUR     59.87
Landesbank Baden-Wuertt    5.00 11/24/2017    EUR     55.50
DZ Bank AG Deutsche Zen    7.00 12/23/2016    EUR     70.10
DZ Bank AG Deutsche Zen    5.25 12/23/2016    EUR     74.24
DZ Bank AG Deutsche Zen    7.00 12/23/2016    EUR     74.52
HSBC Trinkaus & Burkhar    8.10 12/23/2016    EUR     73.48
HSBC Trinkaus & Burkhar   12.60  3/24/2017    EUR     67.26
Vontobel Financial Prod    5.15 12/23/2016    EUR     48.49
Landesbank Hessen-Thuer    3.50   6/6/2018    EUR     70.18
Eiendomskreditt            4.38               NOK     57.47
Bank ZENIT PJSC            8.50  6/14/2024    RUB     60.10
Bank Julius Baer & Co L    5.40  5/31/2017    CHF     73.90
HSBC Trinkaus & Burkhar    3.00   5/8/2017    EUR     72.87
Lloyds Bank PLC            0.50  7/26/2021    BRL     61.27
T-Generation CJSC         12.00  6/14/2019    RUB     60.11
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     72.50
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     70.00
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     67.68
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     55.03
Landesbank Baden-Wuertt    3.50  2/24/2017    EUR     52.09
Landesbank Baden-Wuertt    4.50  2/24/2017    EUR     49.74
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     48.11
Landesbank Baden-Wuertt    2.50  2/24/2017    EUR     72.20
Landesbank Baden-Wuertt    4.00  2/24/2017    EUR     66.21
Landesbank Baden-Wuertt    5.50  2/24/2017    EUR     61.81
Leonteq Securities AG      9.00 12/14/2016    CHF     74.60
UBS AG/London              9.50   9/4/2017    CHF     32.66
UBS AG                     6.30  12/9/2016    EUR     50.66
HSBC Trinkaus & Burkhar   11.30 12/23/2016    EUR     69.37
HSBC Trinkaus & Burkhar    9.10 12/23/2016    EUR     65.28
UBS AG                     3.30  12/9/2016    EUR     57.40
HSBC Trinkaus & Burkhar    6.30  3/24/2017    EUR     70.82
HSBC Trinkaus & Burkhar   10.40 12/23/2016    EUR     38.04
HSBC Trinkaus & Burkhar    6.50  3/24/2017    EUR     65.04
Vontobel Financial Prod    4.25  12/9/2016    EUR     52.40
Vontobel Financial Prod    4.65  12/9/2016    EUR     70.75
Bank Julius Baer & Co L    5.60  7/24/2017    EUR     71.00
Credit Suisse AG/London    4.00  1/31/2017    CHF     74.16
Landesbank Baden-Wuertt    3.00  9/27/2019    EUR     60.48
DZ Bank AG Deutsche Zen    8.25 12/19/2016    EUR     57.37
Vontobel Financial Prod   12.00 12/23/2016    EUR     62.92
Vontobel Financial Prod    7.00 12/23/2016    EUR     48.93
Leonteq Securities AG     10.00 12/22/2016    CHF     29.26
Vontobel Financial Prod    5.00 12/16/2016    EUR     65.36
BNP Paribas Emissions-     6.00 12/22/2016    EUR     64.50
BNP Paribas Emissions-     4.00  6/22/2017    EUR     67.18
BNP Paribas Emissions-     5.00  6/22/2017    EUR     67.91
BNP Paribas Emissions-     5.00 12/22/2016    EUR     44.92
Goldman Sachs & Co Wert    9.00  9/20/2017    EUR     52.24
Soyuz AKB OAO             13.00 11/22/2019    RUB     60.06
HSBC Trinkaus & Burkhar   10.30 12/23/2016    EUR     71.27
HSBC Trinkaus & Burkhar    8.00 12/23/2016    EUR     67.28
UBS AG                     5.80  12/9/2016    EUR     71.23
HSBC Trinkaus & Burkhar    7.10  3/24/2017    EUR     57.88
HSBC Trinkaus & Burkhar    8.20 12/23/2016    EUR     39.87
HSBC Trinkaus & Burkhar    6.70  3/24/2017    EUR     42.47
HSBC Trinkaus & Burkhar    9.60 12/23/2016    EUR     59.47
HSBC Trinkaus & Burkhar    6.70  3/24/2017    EUR     62.66
Vontobel Financial Prod    5.25  12/9/2016    EUR     73.96
Leonteq Securities AG      3.00   8/7/2018    CHF     74.34
DekaBank Deutsche Giroz    2.50  7/14/2017    EUR     69.86
Landesbank Baden-Wuertt    2.60  2/24/2017    EUR     45.68
UBS AG/London              6.25  7/24/2017    CHF     68.59
Landesbank Baden-Wuertt    2.60  8/23/2019    EUR     51.70
DekaBank Deutsche Giroz    2.75  6/28/2019    EUR     64.05
Bayerische Landesbank      3.70  10/7/2016    EUR     46.28
Vontobel Financial Prod    6.80  1/27/2017    EUR     69.27
DZ Bank AG Deutsche Zen    5.25 12/23/2016    EUR     60.70
National Developing Co    15.00  7/19/2018    RUB     60.30
Landesbank Baden-Wuertt    4.10  3/24/2017    EUR     53.58
Vontobel Financial Prod    8.50 12/23/2016    EUR     68.39
Vontobel Financial Prod   10.50 12/23/2016    EUR     44.52
BNP Paribas Emissions-     5.00 12/22/2016    EUR     64.27
BNP Paribas Emissions-     6.00  6/22/2017    EUR     68.37
Goldman Sachs & Co Wert    8.00 10/26/2016    EUR     44.22
Notenstein La Roche Pri    3.10  8/14/2019    CHF     74.44
Vontobel Financial Prod   24.00 12/23/2016    EUR     69.18
Bayerische Landesbank      2.50  8/31/2018    EUR     66.40
Vontobel Financial Prod   14.45 12/23/2016    EUR     59.13
Vontobel Financial Prod   15.15 12/23/2016    EUR     68.83
Vontobel Financial Prod    6.50 12/23/2016    EUR     47.16
HSBC Trinkaus & Burkhar    6.90 12/23/2016    EUR     56.52
Vontobel Financial Prod    3.10   1/2/2017    EUR     54.91
WGZ-Bank AG Westdeutsch    6.50  9/29/2016    EUR     71.14
Vontobel Financial Prod   10.00 12/23/2016    EUR     56.90
DZ Bank AG Deutsche Zen    5.60 12/19/2016    EUR     57.57
DZ Bank AG Deutsche Zen    6.50 12/19/2016    EUR     54.19
DZ Bank AG Deutsche Zen    5.70 12/19/2016    EUR     73.48
Zurcher Kantonalbank Fi    7.50  2/27/2017    EUR     71.65
Vontobel Financial Prod   15.00 12/23/2016    EUR     74.55
Vontobel Financial Prod   10.50 12/23/2016    EUR     67.89
Bayerische Landesbank      2.70   8/3/2018    EUR     69.25
Landesbank Baden-Wuertt    2.50 12/23/2016    EUR     51.67
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     74.21
WGZ-Bank AG Westdeutsch    3.25  9/27/2016    EUR     56.97
Vontobel Financial Prod    2.05 12/12/2016    EUR     68.39
UBS AG/London              8.50   1/3/2017    CHF     59.13
Leonteq Securities AG      5.00   9/4/2018    CHF     55.04
Leonteq Securities AG     10.00  12/8/2016    CHF     74.84
Vontobel Financial Prod    8.50 12/23/2016    EUR     71.01
Deutsche Bank AG           3.20 11/23/2016    EUR     60.40
Deutsche Bank AG           3.20 10/26/2016    EUR     44.00
Deutsche Bank AG           3.20 11/23/2016    EUR     47.90
Deutsche Bank AG           3.20 12/20/2016    EUR     48.20
Deutsche Bank AG           3.20 11/23/2016    EUR     44.30
Deutsche Bank AG           3.20 11/23/2016    EUR     46.00
Deutsche Bank AG           3.20 12/20/2016    EUR     63.60
Deutsche Bank AG           3.20 11/23/2016    EUR     63.40
Vontobel Financial Prod   10.50 12/23/2016    EUR     67.27
Deutsche Bank AG           3.20 11/23/2016    EUR     73.70
Deutsche Bank AG           3.20 12/20/2016    EUR     73.80
Deutsche Bank AG           3.20 10/26/2016    EUR     59.50
Deutsche Bank AG           3.20 10/26/2016    EUR     62.60
Deutsche Bank AG           3.20 11/23/2016    EUR     59.70
Deutsche Bank AG           4.20 10/26/2016    EUR     73.70
Deutsche Bank AG           4.20 10/26/2016    EUR     45.90
Deutsche Bank AG           4.20 10/26/2016    EUR     57.50
Deutsche Bank AG           4.20 10/26/2016    EUR     60.20
Deutsche Bank AG           4.20 11/23/2016    EUR     60.50
Deutsche Bank AG           4.20 11/23/2016    EUR     44.40
Deutsche Bank AG           4.20 11/23/2016    EUR     57.80
Deutsche Bank AG           8.20 10/26/2016    EUR     54.60
Deutsche Bank AG           8.20 10/26/2016    EUR     68.40
Deutsche Bank AG           8.20 12/20/2016    EUR     72.20
Goldman Sachs & Co Wert   13.00 12/21/2016    EUR     55.64
Deutsche Bank AG           8.20 11/23/2016    EUR     42.00
Deutsche Bank AG           8.20 12/20/2016    EUR     55.80
Deutsche Bank AG           8.20 10/26/2016    EUR     53.10
Deutsche Bank AG           8.20 12/20/2016    EUR     59.10
Deutsche Bank AG           4.20 10/26/2016    EUR     62.70
Deutsche Bank AG           8.20 11/23/2016    EUR     69.00
Deutsche Bank AG           8.20 12/20/2016    EUR     42.60
Deutsche Bank AG           8.20 12/20/2016    EUR     69.60
Deutsche Bank AG           4.20 12/20/2016    EUR     60.20
Deutsche Bank AG           8.20 11/23/2016    EUR     69.00
Notenstein La Roche Pri    7.20   9/4/2017    CHF     74.74
Vontobel Financial Prod    7.50 12/23/2016    EUR     73.42
UniCredit Bank AG          4.75 12/22/2016    EUR     51.32
DekaBank Deutsche Giroz    3.00  5/13/2019    EUR     74.48
Bayerische Landesbank      2.70  6/22/2018    EUR     65.75
Notenstein La Roche Pri    3.30   6/5/2019    CHF     74.82
BNP Paribas Emissions-     4.00 12/22/2016    EUR     51.27
BNP Paribas Emissions-     5.00 12/22/2016    EUR     64.41
BNP Paribas Emissions-    10.00 12/22/2016    EUR     55.05
BNP Paribas Emissions-    10.00 12/22/2016    EUR     67.32
BNP Paribas Emissions-    10.00 12/22/2016    EUR     67.91
BNP Paribas Emissions-    10.00 12/22/2016    EUR     37.97
HSBC Trinkaus & Burkhar    6.70 12/23/2016    EUR     74.94
BNP Paribas Emissions-     9.00 12/22/2016    EUR     52.81
Notenstein La Roche Pri    6.00 11/29/2016    EUR     54.50
Notenstein La Roche Pri    4.00  5/29/2017    CHF     69.35
UniCredit Bank AG          4.00 12/22/2016    EUR     67.88
UniCredit Bank AG          4.00 12/22/2016    EUR     70.43
Credit Suisse AG/Nassau    7.25  12/5/2016    CHF     68.84
Notenstein La Roche Pri    3.90  8/21/2018    CHF     74.88
DekaBank Deutsche Giroz    2.60  6/23/2017    EUR     60.53
Credit Suisse AG/Nassau    7.55 11/28/2016    CHF     39.36
Goldman Sachs & Co Wert    9.00 12/21/2016    EUR     63.83
Goldman Sachs & Co Wert    8.00  3/22/2017    EUR     72.72
UBS AG                     7.40  5/17/2021    CHF     66.70
Leonteq Securities AG      9.92  5/29/2017    EUR     57.68
Notenstein La Roche Pri    4.30   6/5/2019    CHF     67.61
Notenstein La Roche Pri    6.70  12/5/2016    CHF     57.20
Leonteq Securities AG     13.00 11/14/2016    CHF     74.03
Vontobel Financial Prod    4.00  12/9/2016    EUR     60.85
Vontobel Financial Prod    6.45  12/9/2016    EUR     73.38
Vontobel Financial Prod    7.05  12/9/2016    EUR     71.90
UBS AG                     4.50 11/11/2016    EUR     74.02
Vontobel Financial Prod    4.85  12/9/2016    EUR     44.58
Vontobel Financial Prod    7.65  12/9/2016    EUR     40.62
UBS AG                     4.50 11/11/2016    EUR     63.63
Notenstein La Roche Pri    6.30  8/28/2017    CHF     73.24
DZ Bank AG Deutsche Zen    6.50 12/19/2016    EUR     49.82
DZ Bank AG Deutsche Zen    7.50 12/19/2016    EUR     64.26
DZ Bank AG Deutsche Zen    9.50 12/23/2016    EUR     55.85
DZ Bank AG Deutsche Zen    3.60  9/15/2017    EUR     53.92
UniCredit Bank AG          4.25 12/22/2016    EUR     50.40
UniCredit Bank AG          4.00 12/22/2016    EUR     51.44
UniCredit Bank AG          5.00 12/22/2016    EUR     47.54
UniCredit Bank AG          4.50 12/22/2016    EUR     49.41
UniCredit Bank AG          4.75 12/22/2016    EUR     48.46
UniCredit Bank AG          4.00 12/22/2016    EUR     72.78
Leonteq Securities AG      5.60  9/11/2017    CHF     55.14
Societe Generale Effekt    6.16 12/23/2016    EUR     55.45
HSBC Trinkaus & Burkhar   11.80 12/23/2016    EUR     60.19
HSBC Trinkaus & Burkhar    7.20 12/23/2016    EUR     68.11
HSBC Trinkaus & Burkhar    7.80  3/24/2017    EUR     66.68
HSBC Trinkaus & Burkhar    7.00 12/23/2016    EUR     49.03
HSBC Trinkaus & Burkhar    8.70 10/28/2016    EUR     46.25
HSBC Trinkaus & Burkhar    6.20 10/28/2016    EUR     49.98
HSBC Trinkaus & Burkhar   10.40 12/23/2016    EUR     68.73
HSBC Trinkaus & Burkhar    8.30 12/23/2016    EUR     72.10
EFG International Finan    6.21  7/22/2019    EUR     59.83
Vontobel Financial Prod    5.40   6/9/2017    EUR     74.69
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     73.06
Goldman Sachs & Co Wert   11.00  6/21/2017    EUR     64.17
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     67.16
DZ Bank AG Deutsche Zen    5.50 12/19/2016    EUR     51.30
DZ Bank AG Deutsche Zen    7.20 12/19/2016    EUR     48.50
DZ Bank AG Deutsche Zen    8.20 12/19/2016    EUR     62.45
UniCredit Bank AG          4.00 12/22/2016    EUR     55.48
UniCredit Bank AG          6.00 12/22/2016    EUR     67.29
UniCredit Bank AG          5.00 12/22/2016    EUR     53.47
UniCredit Bank AG          4.75 12/22/2016    EUR     53.96
UniCredit Bank AG          5.00 12/22/2016    EUR     69.91
DZ Bank AG Deutsche Zen    6.00 12/19/2016    EUR     72.70
DZ Bank AG Deutsche Zen    8.25 12/19/2016    EUR     74.89
DZ Bank AG Deutsche Zen    7.50 12/19/2016    EUR     45.95
Bayerische Landesbank      3.00  10/5/2018    EUR     56.13
Deutsche Bank AG           7.50 12/20/2016    EUR     66.65
Deutsche Bank AG           5.50 12/20/2016    EUR     38.89
Deutsche Bank AG           7.50 12/20/2016    EUR     60.78
HSBC Trinkaus & Burkhar   10.20 12/23/2016    EUR     62.53
HSBC Trinkaus & Burkhar    9.10 10/28/2016    EUR     63.89
HSBC Trinkaus & Burkhar    7.50  3/24/2017    EUR     49.13
HSBC Trinkaus & Burkhar   11.10 12/23/2016    EUR     73.42
DekaBank Deutsche Giroz    2.70  7/15/2019    EUR     74.35
Goldman Sachs & Co Wert    7.00 12/21/2016    EUR     71.62
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     65.91
Goldman Sachs & Co Wert   12.00  3/22/2017    EUR     63.07
Vontobel Financial Prod   10.00 12/23/2016    EUR     60.42
Vontobel Financial Prod    8.10 12/23/2016    EUR     62.94
Goldman Sachs & Co Wert    5.00 12/21/2016    EUR     48.44
Goldman Sachs & Co Wert    6.00 12/21/2016    EUR     46.79
Goldman Sachs & Co Wert   10.00 12/21/2016    EUR     41.48
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     65.58
Goldman Sachs & Co Wert   10.00 12/21/2016    EUR     61.62
Goldman Sachs & Co Wert   14.00 12/21/2016    EUR     72.29
Goldman Sachs & Co Wert    9.00 12/21/2016    EUR     73.16
Goldman Sachs & Co Wert   17.00 12/21/2016    EUR     59.60
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     72.20
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     61.86
Vontobel Financial Prod   17.30 12/23/2016    EUR     70.78
Vontobel Financial Prod   15.60 12/23/2016    EUR     47.78
Landesbank Baden-Wuertt    2.80  6/22/2018    EUR     73.53
Leonteq Securities AG      3.00   7/8/2019    CHF     71.82
DekaBank Deutsche Giroz    2.65   8/4/2017    EUR     73.04
UniCredit Bank AG          4.40  7/13/2018    EUR     47.45
DZ Bank AG Deutsche Zen    5.75 12/23/2016    EUR     69.57
BNP Paribas Emissions-     3.00 12/22/2016    EUR     53.68
BNP Paribas Emissions-     6.00 12/22/2016    EUR     72.72
BNP Paribas Emissions-     9.50 12/22/2016    EUR     63.91
BNP Paribas Emissions-     7.50 12/22/2016    EUR     56.29
BNP Paribas Emissions-    10.00 12/22/2016    EUR     74.69
BNP Paribas Emissions-    12.00 12/22/2016    EUR     71.73
BNP Paribas Emissions-    12.00 12/22/2016    EUR     33.36
Deutsche Bank AG           5.20 12/20/2016    EUR     64.10
Deutsche Bank AG           6.20 12/20/2016    EUR     64.30
Deutsche Bank AG           4.20 12/20/2016    EUR     43.10
BNP Paribas Emissions-     5.50 12/22/2016    EUR     62.41
Deutsche Bank AG           5.20 12/20/2016    EUR     70.90
Deutsche Bank AG           6.20 12/20/2016    EUR     71.20
Deutsche Bank AG           6.20 12/20/2016    EUR     67.30
BNP Paribas Emissions-     6.00 12/22/2016    EUR     68.80
BNP Paribas Emissions-     9.00 12/22/2016    EUR     62.02
Deutsche Bank AG           5.20  3/21/2017    EUR     72.70
BNP Paribas Emissions-     5.00 12/22/2016    EUR     64.27
BNP Paribas Emissions-     7.00 12/22/2016    EUR     59.03
BNP Paribas Emissions-     9.00 12/22/2016    EUR     54.72
Deutsche Bank AG           5.20  3/21/2017    EUR     59.60
Deutsche Bank AG           5.20  3/21/2017    EUR     44.70
Deutsche Bank AG           7.20  3/21/2017    EUR     44.20
BNP Paribas Emissions-     4.00 12/22/2016    EUR     48.33
Deutsche Bank AG           5.20  3/21/2017    EUR     40.50
BNP Paribas Emissions-     6.50 12/22/2016    EUR     43.65
Deutsche Bank AG           7.20  3/21/2017    EUR     70.90
Deutsche Bank AG           7.20  3/21/2017    EUR     73.60
BNP Paribas Emissions-     7.00 12/22/2016    EUR     68.91
BNP Paribas Emissions-    12.00 12/22/2016    EUR     72.96
BNP Paribas Emissions-     6.00 12/22/2016    EUR     67.83
Deutsche Bank AG           5.20  3/21/2017    EUR     72.10
Deutsche Bank AG           7.20  3/21/2017    EUR     69.30
Deutsche Bank AG           5.20 10/26/2016    EUR     70.70
Deutsche Bank AG           5.20 11/23/2016    EUR     71.10
Deutsche Bank AG           7.20 10/26/2016    EUR     57.80
Deutsche Bank AG           7.20 11/23/2016    EUR     64.00
Deutsche Bank AG           7.20 10/26/2016    EUR     42.80
Deutsche Bank AG           5.20 10/26/2016    EUR     41.10
Deutsche Bank AG           7.20 11/23/2016    EUR     43.30
Deutsche Bank AG           7.20 11/23/2016    EUR     41.80
Deutsche Bank AG           7.20 11/23/2016    EUR     40.40
Deutsche Bank AG           7.20 11/23/2016    EUR     39.10
Raiffeisen Centrobank A    9.07  3/22/2017    EUR     67.12
Raiffeisen Centrobank A    6.24  3/22/2017    EUR     69.81
Vontobel Financial Prod    8.35 12/23/2016    EUR     66.95
Landesbank Baden-Wuertt    3.75 12/23/2016    EUR     60.24
Leonteq Securities AG     10.00 11/21/2016    CHF     61.74
Vontobel Financial Prod    4.85 12/23/2016    EUR     48.94
Vontobel Financial Prod    8.35 12/23/2016    EUR     45.62
UBS AG/London              9.40  6/30/2017    EUR     38.34
HSBC Trinkaus & Burkhar    7.00 12/23/2016    EUR     43.78
HSBC Trinkaus & Burkhar    6.40 12/23/2016    EUR     70.49
HSBC Trinkaus & Burkhar    6.50 12/23/2016    EUR     58.34
DZ Bank AG Deutsche Zen    8.25 12/23/2016    EUR     61.43
WGZ-Bank AG Westdeutsch    5.00  9/29/2016    EUR     74.66
Vontobel Financial Prod    7.65 12/23/2016    EUR     60.37
Credit Suisse AG/Nassau    7.50  1/10/2017    CHF     73.08
DZ Bank AG Deutsche Zen    6.70 12/19/2016    EUR     74.30
DZ Bank AG Deutsche Zen    5.10 12/19/2016    EUR     73.49
Vontobel Financial Prod    8.00 12/23/2016    EUR     72.96
Zurcher Kantonalbank Fi    9.00  7/17/2017    EUR     66.98
DZ Bank AG Deutsche Zen    6.25 12/23/2016    EUR     49.83
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     62.65
Landesbank Baden-Wuertt    2.50 12/23/2016    EUR     73.36
Landesbank Baden-Wuertt    3.50 12/23/2016    EUR     69.62
Landesbank Baden-Wuertt    3.00 12/23/2016    EUR     65.71
Landesbank Baden-Wuertt    3.50 12/23/2016    EUR     64.93
WGZ-Bank AG Westdeutsch    2.50  9/27/2016    EUR     59.63
UBS AG/London              7.50   7/3/2017    EUR     56.88
WGZ-Bank AG Westdeutsch    4.00 12/19/2016    EUR     70.23
Banque Cantonale Vaudoi    7.25   7/3/2017    CHF     54.98
Leonteq Securities AG     10.00  12/8/2016    EUR     74.71
Deutsche Bank AG           3.20 12/20/2016    EUR     60.60
Deutsche Bank AG           3.20 12/20/2016    EUR     44.50
Deutsche Bank AG           3.20 12/20/2016    EUR     57.90
Deutsche Bank AG           3.20 12/20/2016    EUR     46.30
Deutsche Bank AG           3.20 10/26/2016    EUR     45.80
Deutsche Bank AG           3.20 10/26/2016    EUR     47.70
Vontobel Financial Prod   10.15 12/23/2016    EUR     67.86
Deutsche Bank AG           3.20 11/23/2016    EUR     62.90
Deutsche Bank AG           3.20 10/26/2016    EUR     66.10
Deutsche Bank AG           4.20 12/20/2016    EUR     74.10
Deutsche Bank AG           4.20 12/20/2016    EUR     60.90
Deutsche Bank AG           4.20 11/23/2016    EUR     46.20
Deutsche Bank AG           4.20 12/20/2016    EUR     44.80
Deutsche Bank AG           4.20 12/20/2016    EUR     46.50
Deutsche Bank AG           4.20 12/20/2016    EUR     68.50
Goldman Sachs & Co Wert   16.00 12/21/2016    EUR     64.69
Deutsche Bank AG           8.20 12/20/2016    EUR     54.30
Deutsche Bank AG           8.20 10/26/2016    EUR     65.80
Deutsche Bank AG           8.20 10/26/2016    EUR     41.40
Goldman Sachs & Co Wert   16.00 12/21/2016    EUR     67.75
Deutsche Bank AG           8.20 10/26/2016    EUR     68.40
Deutsche Bank AG           4.20 12/20/2016    EUR     63.30
Deutsche Bank AG           4.20 10/26/2016    EUR     59.60
Deutsche Bank AG           8.20 12/20/2016    EUR     61.40
Deutsche Bank AG           8.20 11/23/2016    EUR     55.20
UBS AG                     5.50 10/14/2016    EUR     73.34
WGZ-Bank AG Westdeutsch    6.00  9/30/2016    EUR     74.46
UniCredit Bank AG          6.00 12/22/2016    EUR     74.72
DekaBank Deutsche Giroz    3.10  5/11/2018    EUR     74.81
DekaBank Deutsche Giroz    2.80  5/13/2019    EUR     58.84
Vontobel Financial Prod    5.00  9/30/2016    EUR     56.39
UniCredit Bank AG          4.30 12/22/2016    EUR     73.97
BNP Paribas Emissions-    12.00 12/22/2016    EUR     69.00
BNP Paribas Emissions-     7.00 12/22/2016    EUR     72.25
BNP Paribas Emissions-     6.00 12/22/2016    EUR     44.15
HSBC Trinkaus & Burkhar    8.10 12/23/2016    EUR     41.15
BNP Paribas Emissions-    10.00 12/22/2016    EUR     61.93
HSBC Trinkaus & Burkhar    8.80 12/23/2016    EUR     68.68
BNP Paribas Emissions-     9.00 12/22/2016    EUR     40.03
Zurcher Kantonalbank Fi    3.80  5/22/2017    EUR     56.42
UniCredit Bank AG          4.00 12/22/2016    EUR     61.11
UniCredit Bank AG          4.00 12/22/2016    EUR     66.10
UniCredit Bank AG          4.00 12/22/2016    EUR     54.16
UniCredit Bank AG          4.00 12/22/2016    EUR     63.33
DekaBank Deutsche Giroz    4.10  6/20/2017    EUR     62.86
DekaBank Deutsche Giroz    5.60 11/21/2016    EUR     72.63
Goldman Sachs & Co Wert   17.00 12/21/2016    EUR     72.55
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     62.97
Goldman Sachs & Co Wert    9.00  6/21/2017    EUR     66.92
Goldman Sachs & Co Wert   13.00  6/21/2017    EUR     61.44
Credit Suisse AG/Nassau    7.50  12/5/2016    CHF     55.10
Landesbank Baden-Wuertt    2.80 12/23/2016    EUR     51.74
Notenstein La Roche Pri    4.10  8/14/2018    CHF     70.07
Bayerische Landesbank      2.90  6/22/2018    EUR     51.60
Notenstein La Roche Pri    4.10   6/5/2019    CHF     68.94
BNP Paribas Emissions-     6.50 12/22/2016    EUR     62.34
BNP Paribas Emissions-    12.00 12/22/2016    EUR     72.93
HSBC Trinkaus & Burkhar    7.10 12/23/2016    EUR     54.29
HSBC Trinkaus & Burkhar    7.20 12/23/2016    EUR     73.96
BNP Paribas Emissions-     7.00 12/22/2016    EUR     67.83
BNP Paribas Emissions-     4.00 12/22/2016    EUR     60.08
BNP Paribas Emissions-    12.00 12/22/2016    EUR     58.71
BNP Paribas Emissions-     4.50 12/22/2016    EUR     67.44
BNP Paribas Emissions-    11.00 12/22/2016    EUR     38.13
BNP Paribas Emissions-     9.00 12/22/2016    EUR     74.47
Notenstein La Roche Pri    5.80  5/29/2017    CHF     69.77
Credit Suisse AG/Nassau    6.00  12/2/2016    EUR     53.10
UniCredit Bank AG          4.00 12/22/2016    EUR     74.78
UBS AG/London              7.00  5/22/2017    CHF     55.12
Landesbank Baden-Wuertt    2.50 12/22/2017    EUR     69.43
Notenstein La Roche Pri    7.00  8/14/2017    CHF     70.06
Leonteq Securities AG      5.20  8/14/2018    CHF     60.39
UBS AG/London              8.00  5/26/2017    EUR     42.79
Notenstein La Roche Pri    5.80   6/5/2018    CHF     72.38
UBS AG/London              7.50 11/28/2016    EUR     50.46
Notenstein La Roche Pri    6.30  2/14/2017    CHF     50.42
Notenstein La Roche Pri    6.20  2/14/2017    CHF     68.82
Vontobel Financial Prod    5.90  12/9/2016    EUR     69.15
Vontobel Financial Prod    8.70  12/9/2016    EUR     64.34
Leonteq Securities AG     10.40 11/14/2016    EUR     61.84
Notenstein La Roche Pri    6.00 11/21/2016    CHF     66.63
BNP Paribas Emissions-    11.00 12/22/2016    EUR     53.59
BNP Paribas Emissions-     4.50 12/22/2016    EUR     66.92
BNP Paribas Emissions-     8.00 12/22/2016    EUR     70.10
BNP Paribas Emissions-     9.00 12/22/2016    EUR     69.00
BNP Paribas Emissions-    10.00 12/22/2016    EUR     72.93
HSBC Trinkaus & Burkhar    7.40 12/23/2016    EUR     72.16
BNP Paribas Emissions-     4.50 12/22/2016    EUR     73.23
BNP Paribas Emissions-     7.50 12/22/2016    EUR     66.17
BNP Paribas Emissions-     9.50 12/22/2016    EUR     63.34
BNP Paribas Emissions-     7.00 12/22/2016    EUR     74.77
BNP Paribas Emissions-     8.50 12/22/2016    EUR     56.89
BNP Paribas Emissions-    11.00 12/22/2016    EUR     53.09
BNP Paribas Emissions-     7.00 12/22/2016    EUR     42.27
UniCredit Bank AG          4.00 12/22/2016    EUR     69.14
UniCredit Bank AG          4.00 12/22/2016    EUR     72.39
Notenstein La Roche Pri    8.22 11/25/2016    EUR     55.32
Goldman Sachs & Co Wert   13.00  3/22/2017    EUR     65.76
EFG International Finan    2.67  6/26/2018    CHF     74.31
Leonteq Securities AG     10.00 11/14/2016    CHF     39.47
Leonteq Securities AG      8.00 11/14/2016    CHF     68.76
UBS AG/London              8.25   8/7/2017    EUR     66.10
Vontobel Financial Prod    8.10  12/9/2016    EUR     74.92
Vontobel Financial Prod    4.05  12/9/2016    EUR     46.17
Vontobel Financial Prod   12.50 12/23/2016    EUR     72.84
Vontobel Financial Prod    9.80 12/23/2016    EUR     59.09
Vontobel Financial Prod   11.50 11/22/2016    EUR     69.86
Vontobel Financial Prod   15.00 12/23/2016    EUR     70.19
HSBC Trinkaus & Burkhar    7.60 12/23/2016    EUR     61.27
HSBC Trinkaus & Burkhar    9.20 12/23/2016    EUR     64.11
EFG International Finan    7.20  6/26/2017    GBP     43.03
Leonteq Securities AG      4.68  10/7/2016    EUR     72.62
DZ Bank AG Deutsche Zen    7.30 12/19/2016    EUR     42.50
DZ Bank AG Deutsche Zen    6.80 12/19/2016    EUR     71.36
Vontobel Financial Prod    8.00 12/23/2016    EUR     72.29
Zurcher Kantonalbank Fi    8.50  7/17/2017    CHF     57.68
Leonteq Securities AG      8.00 10/13/2016    CHF     69.38
Landesbank Baden-Wuertt    3.50 12/23/2016    EUR     48.88
Landesbank Baden-Wuertt    3.00 12/23/2016    EUR     65.57
Landesbank Baden-Wuertt    2.55  2/24/2017    EUR     54.79
Landesbank Baden-Wuertt    2.00 12/23/2016    EUR     69.63
Landesbank Baden-Wuertt    4.00 12/23/2016    EUR     62.74
WGZ-Bank AG Westdeutsch    3.50   2/7/2017    EUR     72.05
Landesbank Baden-Wuertt    2.50 12/23/2016    EUR     68.41
WGZ-Bank AG Westdeutsch    4.25  9/27/2016    EUR     54.72
WGZ-Bank AG Westdeutsch    5.00  9/27/2016    EUR     52.46
WGZ-Bank AG Westdeutsch    6.00  9/27/2016    EUR     50.58
Leonteq Securities AG      9.00  12/8/2016    CHF     53.81
Deutsche Bank AG           3.20 10/26/2016    EUR     63.10
Deutsche Bank AG           3.20 10/26/2016    EUR     60.10
Deutsche Bank AG           3.20 10/26/2016    EUR     57.40
Deutsche Bank AG           3.20 11/23/2016    EUR     57.70
Deutsche Bank AG           3.20 10/26/2016    EUR     64.90
Deutsche Bank AG           3.20 12/20/2016    EUR     71.50
Deutsche Bank AG           3.20 12/20/2016    EUR     63.10
Deutsche Bank AG           3.20 12/20/2016    EUR     66.60
Deutsche Bank AG           3.20 12/20/2016    EUR     60.00
Deutsche Bank AG           3.20 11/23/2016    EUR     66.30
Deutsche Bank AG           4.20 11/23/2016    EUR     73.90
Deutsche Bank AG           4.20 10/26/2016    EUR     44.10
Deutsche Bank AG           8.20 11/23/2016    EUR     53.70
Deutsche Bank AG           8.20 11/23/2016    EUR     71.60
Deutsche Bank AG           4.20 11/23/2016    EUR     59.90
Deutsche Bank AG           8.20 11/23/2016    EUR     66.40
Deutsche Bank AG           4.20 11/23/2016    EUR     63.00
Deutsche Bank AG           8.20 10/26/2016    EUR     71.00
UBS AG                     5.50 10/14/2016    EUR     64.30
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     60.66
Goldman Sachs & Co Wert   14.00 12/21/2016    EUR     66.13
Goldman Sachs & Co Wert    7.00 12/21/2016    EUR     59.00
Goldman Sachs & Co Wert   14.00 12/21/2016    EUR     67.24
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     36.90
Goldman Sachs & Co Wert   14.00 12/21/2016    EUR     49.58
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     73.20
Goldman Sachs & Co Wert   15.00 12/21/2016    EUR     60.86
Goldman Sachs & Co Wert   16.00 12/21/2016    EUR     74.22
Notenstein La Roche Pri    4.30  8/21/2018    CHF     73.79
Notenstein La Roche Pri    6.80  2/21/2017    CHF     72.08
Bank Julius Baer & Co L    7.50 12/23/2016    CHF     53.15
Vontobel Financial Prod   15.15 12/23/2016    EUR     60.70
Landesbank Hessen-Thuer    3.15 10/10/2016    EUR     48.70
Raiffeisen Centrobank A    9.50  7/13/2017    EUR     73.24
Bayerische Landesbank      2.40  7/20/2018    EUR     52.60
DZ Bank AG Deutsche Zen    5.75 12/23/2016    EUR     39.82
Vontobel Financial Prod    6.25  12/2/2016    EUR     69.82
BNP Paribas Emissions-     8.00 12/22/2016    EUR     47.63
BNP Paribas Emissions-     7.00 12/22/2016    EUR     70.30
BNP Paribas Emissions-     9.00 12/22/2016    EUR     65.96
BNP Paribas Emissions-     3.50 12/22/2016    EUR     66.69
BNP Paribas Emissions-     6.00 12/22/2016    EUR     58.91
BNP Paribas Emissions-     9.50 12/22/2016    EUR     53.24
BNP Paribas Emissions-     9.00 12/22/2016    EUR     72.71
BNP Paribas Emissions-     8.00 12/22/2016    EUR     37.51
BNP Paribas Emissions-     4.00 12/22/2016    EUR     67.14
BNP Paribas Emissions-     6.00 12/22/2016    EUR     61.00
Deutsche Bank AG           6.20 12/20/2016    EUR     69.00
Deutsche Bank AG           4.20 12/20/2016    EUR     75.00
Deutsche Bank AG           4.20 12/20/2016    EUR     70.70
BNP Paribas Emissions-     6.00 12/22/2016    EUR     66.39
BNP Paribas Emissions-     7.50 12/22/2016    EUR     56.66
BNP Paribas Emissions-     6.00 12/22/2016    EUR     60.55
Deutsche Bank AG           7.20  3/21/2017    EUR     60.60
BNP Paribas Emissions-     9.50 12/22/2016    EUR     74.41
Deutsche Bank AG           5.20  3/21/2017    EUR     46.30
Deutsche Bank AG           7.20  3/21/2017    EUR     45.70
Deutsche Bank AG           5.20  3/21/2017    EUR     43.20
Deutsche Bank AG           7.20  3/21/2017    EUR     42.80
Deutsche Bank AG           5.20  3/21/2017    EUR     41.80
BNP Paribas Emissions-     6.00 12/22/2016    EUR     45.15
Deutsche Bank AG           5.20  3/21/2017    EUR     64.40
BNP Paribas Emissions-     6.00 12/22/2016    EUR     72.38
BNP Paribas Emissions-     7.00 12/22/2016    EUR     63.72
BNP Paribas Emissions-     5.00 12/22/2016    EUR     73.54
Deutsche Bank AG           5.20  3/21/2017    EUR     68.30
Deutsche Bank AG           7.20 11/23/2016    EUR     74.20
Deutsche Bank AG           7.20 10/26/2016    EUR     63.50
Deutsche Bank AG           5.20 10/26/2016    EUR     57.60
Deutsche Bank AG           7.20 11/23/2016    EUR     58.30
Deutsche Bank AG           5.20 11/23/2016    EUR     58.00
Deutsche Bank AG           5.20 10/26/2016    EUR     44.20
Deutsche Bank AG           5.20 10/26/2016    EUR     42.60
Deutsche Bank AG           7.20 10/26/2016    EUR     41.30
Deutsche Bank AG           7.20 10/26/2016    EUR     39.90
Deutsche Bank AG           5.20 10/26/2016    EUR     39.70
Deutsche Bank AG           5.20 10/26/2016    EUR     38.40
Deutsche Bank AG           5.20 11/23/2016    EUR     44.60
Raiffeisen Centrobank A    9.07  3/22/2017    EUR     64.43
Raiffeisen Centrobank A    7.37  3/22/2017    EUR     64.19
Deutsche Bank AG           5.20 10/26/2016    EUR     70.80
Deutsche Bank AG           7.20 10/26/2016    EUR     71.10
Deutsche Bank AG           5.20 11/23/2016    EUR     71.10
Vontobel Financial Prod    7.50 12/12/2016    EUR     53.27
BNP Paribas Emissions-     3.25 11/24/2017    EUR     62.46
Landesbank Hessen-Thuer    8.90  10/6/2020    EUR     59.59
Leonteq Securities AG/G    6.84   2/6/2017    EUR     74.59
Landesbank Baden-Wuertt    3.50  7/27/2018    EUR     47.55
Landesbank Baden-Wuertt    3.40  9/28/2018    EUR     51.11
UBS AG                     3.60  12/9/2016    EUR     61.49
UBS AG                     2.60  12/9/2016    EUR     65.06
UBS AG                     2.90  12/9/2016    EUR     48.49
Landesbank Baden-Wuertt    3.50  6/23/2017    EUR     68.38
Landesbank Baden-Wuertt    5.50  6/23/2017    EUR     57.13
Landesbank Baden-Wuertt    2.50  6/23/2017    EUR     52.41
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     48.16
Landesbank Baden-Wuertt    5.50  6/23/2017    EUR     45.50
Landesbank Baden-Wuertt    2.50  6/23/2017    EUR     65.59
Landesbank Baden-Wuertt    3.50  6/23/2017    EUR     62.35
Landesbank Baden-Wuertt    5.00  6/23/2017    EUR     66.51
Landesbank Baden-Wuertt    6.00  6/23/2017    EUR     56.87
Notenstein La Roche Pri    5.80 12/12/2016    CHF     73.44
UniCredit Bank AG          4.00 12/22/2016    EUR     53.24
UniCredit Bank AG          4.00 12/22/2016    EUR     52.72
Notenstein La Roche Pri    8.02  8/11/2017    EUR     64.24
UniCredit Bank AG          4.00 12/22/2016    EUR     51.22
UniCredit Bank AG          4.00 12/22/2016    EUR     53.80
UniCredit Bank AG          4.00 12/22/2016    EUR     70.89
HSBC Trinkaus & Burkhar    7.10 12/23/2016    EUR     56.75
Vontobel Financial Prod    4.30 12/23/2016    EUR     74.08
Vontobel Financial Prod    5.35 12/23/2016    EUR     58.61
Societe Generale Effekt    4.79 10/10/2016    EUR     52.46
Societe Generale Effekt    8.26 10/10/2016    EUR     37.81
Societe Generale Effekt    5.73 10/10/2016    EUR     64.04
DekaBank Deutsche Giroz    2.80  7/22/2019    EUR     65.83
Bayerische Landesbank      2.70  7/13/2018    EUR     64.49
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     72.19
Goldman Sachs & Co Wert    5.00 12/21/2016    EUR     64.27
Goldman Sachs & Co Wert    9.00 12/21/2016    EUR     54.71
Goldman Sachs & Co Wert   10.00 12/21/2016    EUR     74.44
Goldman Sachs & Co Wert    8.00 12/21/2016    EUR     43.90
Notenstein La Roche Pri    6.20  2/21/2017    EUR     68.57
EFG International Finan   11.12 12/12/2016    USD     58.79
Vontobel Financial Prod   16.30 12/23/2016    EUR     64.33
Vontobel Financial Prod   16.35 12/23/2016    EUR     33.75
Vontobel Financial Prod   15.25 12/23/2016    EUR     73.95
Vontobel Financial Prod    5.35 12/16/2016    EUR     65.50
Landesbank Baden-Wuertt    3.55 11/25/2016    EUR     74.87
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     56.97
Notenstein La Roche Pri    3.00   7/3/2019    CHF     67.84
Leonteq Securities AG      6.77  8/17/2017    CHF     50.97
Notenstein La Roche Pri    6.50  6/26/2017    EUR     60.97
Leonteq Securities AG     10.00  9/26/2016    CHF     54.41
Leonteq Securities AG      8.40  9/26/2016    CHF     72.22
Leonteq Securities AG      9.20  9/26/2016    EUR     70.30
BNP Paribas Emissions-     9.00 12/22/2016    EUR     45.88
Vontobel Financial Prod    5.10  12/2/2016    EUR     64.98
BNP Paribas Emissions-     7.50 12/22/2016    EUR     67.93
BNP Paribas Emissions-     5.50 12/22/2016    EUR     62.11
BNP Paribas Emissions-    10.00 12/22/2016    EUR     68.58
BNP Paribas Emissions-    10.00 12/22/2016    EUR     72.58
Deutsche Bank AG           4.20 12/20/2016    EUR     63.80
BNP Paribas Emissions-    13.00 12/22/2016    EUR     72.21
Deutsche Bank AG           5.20 12/20/2016    EUR     68.80
BNP Paribas Emissions-    10.00 12/22/2016    EUR     72.29
Deutsche Bank AG           5.20 12/20/2016    EUR     67.10
Deutsche Bank AG           4.20 12/20/2016    EUR     66.80
BNP Paribas Emissions-     9.00 12/22/2016    EUR     74.09
BNP Paribas Emissions-     9.50 12/22/2016    EUR     72.21
Deutsche Bank AG           7.20  3/21/2017    EUR     73.70
BNP Paribas Emissions-     5.50 12/22/2016    EUR     61.40
Deutsche Bank AG           5.20  3/21/2017    EUR     65.20
Deutsche Bank AG           7.20  3/21/2017    EUR     66.20
BNP Paribas Emissions-    10.00 12/22/2016    EUR     72.93
Deutsche Bank AG           7.20  3/21/2017    EUR     47.30
BNP Paribas Emissions-     3.50 12/22/2016    EUR     50.26
BNP Paribas Emissions-     5.00 12/22/2016    EUR     46.67
Deutsche Bank AG           7.20  3/21/2017    EUR     41.50
BNP Paribas Emissions-     8.50 12/22/2016    EUR     41.22
BNP Paribas Emissions-     8.00 12/22/2016    EUR     65.80
BNP Paribas Emissions-    10.00 12/22/2016    EUR     59.31
Deutsche Bank AG           7.20  3/21/2017    EUR     73.10
Deutsche Bank AG           5.20 10/26/2016    EUR     73.50
Deutsche Bank AG           7.20 10/26/2016    EUR     73.70
Deutsche Bank AG           7.20 10/26/2016    EUR     70.90
Deutsche Bank AG           5.20 11/23/2016    EUR     73.90
Deutsche Bank AG           7.20 11/23/2016    EUR     71.40
Bank Julius Baer & Co L    6.00  6/19/2017    EUR     68.75
Credit Suisse AG/London    6.10 12/19/2016    EUR     40.86
Deutsche Bank AG           5.20 10/26/2016    EUR     63.30
Deutsche Bank AG           5.20 11/23/2016    EUR     63.70
Deutsche Bank AG           7.20 10/26/2016    EUR     44.40
Deutsche Bank AG           7.20 10/26/2016    EUR     38.50
Deutsche Bank AG           7.20 11/23/2016    EUR     44.90
Deutsche Bank AG           5.20 11/23/2016    EUR     43.00
Deutsche Bank AG           5.20 11/23/2016    EUR     41.50
Deutsche Bank AG           5.20 11/23/2016    EUR     40.10
Deutsche Bank AG           5.20 11/23/2016    EUR     38.80
Raiffeisen Centrobank A    7.37  3/22/2017    EUR     68.91
Deutsche Bank AG           7.20 11/23/2016    EUR     71.60
Deutsche Bank AG           5.20 11/23/2016    EUR     74.90
Deutsche Bank AG           5.20 11/23/2016    EUR     66.70
Landesbank Baden-Wuertt    3.00  7/26/2019    EUR     68.60
Vontobel Financial Prod    5.00 12/23/2016    EUR     64.25
Vontobel Financial Prod   13.40 12/23/2016    EUR     51.71
Deutsche Bank AG           6.50 12/20/2016    EUR     74.23
EFG International Finan    5.30  6/24/2019    EUR     58.36
Vontobel Financial Prod    6.00 12/23/2016    EUR     55.63
Goldman Sachs & Co Wert   14.00  6/21/2017    EUR     71.27
Goldman Sachs & Co Wert    4.00  6/21/2017    EUR     74.91
Goldman Sachs & Co Wert   13.00  6/21/2017    EUR     53.90
Goldman Sachs & Co Wert   12.00  6/21/2017    EUR     73.03
Goldman Sachs & Co Wert   16.00 12/21/2016    EUR     37.13
Goldman Sachs & Co Wert    3.00  3/22/2017    EUR     61.07
Goldman Sachs & Co Wert   14.00  3/22/2017    EUR     40.26
Goldman Sachs & Co Wert    6.00  6/21/2017    EUR     51.74
Goldman Sachs & Co Wert   13.00  3/22/2017    EUR     71.20
Goldman Sachs & Co Wert    6.00  3/22/2017    EUR     73.17
Vontobel Financial Prod    6.85 12/23/2016    EUR     67.73
Vontobel Financial Prod   10.80 12/23/2016    EUR     62.07
Leonteq Securities AG      5.40  8/28/2017    CHF     54.49
Leonteq Securities AG     10.00 11/28/2016    CHF     74.15
UBS AG/London              7.00  6/26/2017    EUR     60.56
Deutsche Bank AG           4.50 12/20/2016    EUR     64.20
Notenstein La Roche Pri    6.90  8/28/2017    CHF     67.41
Landesbank Baden-Wuertt    3.70  7/27/2018    EUR     64.98
Deutsche Bank AG           6.50 12/20/2016    EUR     66.50
Deutsche Bank AG           4.50 12/20/2016    EUR     66.00
Deutsche Bank AG           6.50 12/20/2016    EUR     62.20
Deutsche Bank AG           8.20 12/20/2016    EUR     60.20
Zurcher Kantonalbank Fi    5.80  8/21/2017    CHF     66.68
Deutsche Bank AG           6.50 12/20/2016    EUR     72.40
Vontobel Financial Prod    4.00 12/12/2016    EUR     60.30
Vontobel Financial Prod    4.45  12/9/2016    EUR     68.39
Vontobel Financial Prod    5.00  12/9/2016    EUR     71.34
Landesbank Baden-Wuertt    3.40  7/27/2018    EUR     61.71
UBS AG                     3.30  12/9/2016    EUR     63.76
UBS AG                     4.30  12/9/2016    EUR     74.05
Landesbank Baden-Wuertt    5.50  6/23/2017    EUR     71.99
Landesbank Baden-Wuertt    2.50  6/23/2017    EUR     66.76
Landesbank Baden-Wuertt    5.50  6/23/2017    EUR     74.79
Landesbank Baden-Wuertt    4.50  6/23/2017    EUR     59.93
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     72.34
Landesbank Baden-Wuertt    5.50  6/23/2017    EUR     72.48
Landesbank Baden-Wuertt    3.00  6/23/2017    EUR     64.19
Landesbank Baden-Wuertt    5.00  6/23/2017    EUR     58.71
Notenstein La Roche Pri    6.40  6/12/2017    CHF     70.33
UniCredit Bank AG          4.00 12/22/2016    EUR     73.21
UniCredit Bank AG          4.00 12/22/2016    EUR     51.29
Notenstein La Roche Pri    7.00  8/11/2017    CHF     63.81
Credit Suisse AG/Nassau    6.38  6/12/2017    EUR     57.55
HSBC Trinkaus & Burkhar    8.50 12/23/2016    EUR     71.20
HSBC Trinkaus & Burkhar    7.10 12/23/2016    EUR     74.39
Vontobel Financial Prod    6.40 12/23/2016    EUR     69.18
Vontobel Financial Prod    8.05 12/23/2016    EUR     37.35
Vontobel Financial Prod    6.15 12/23/2016    EUR     39.26
Vontobel Financial Prod    4.45 12/23/2016    EUR     41.56
Vontobel Financial Prod    7.75 12/23/2016    EUR     54.40
Vontobel Financial Prod   12.50 12/23/2016    EUR     56.01
Vontobel Financial Prod    5.00  1/10/2017    EUR     41.25
Societe Generale Effekt    9.72 10/10/2016    EUR     44.31
Credit Suisse AG/Nassau    8.00  2/21/2017    EUR     72.68
Credit Suisse AG/London    7.00  2/20/2017    CHF     73.66
Societe Generale Effekt    9.99 10/10/2016    EUR     35.69
Societe Generale Effekt    4.26 10/10/2016    EUR     68.01
Societe Generale Effekt    9.39 10/10/2016    EUR     57.42
DZ Bank AG Deutsche Zen    3.45  8/25/2017    EUR     50.19
Goldman Sachs & Co Wert    3.00  3/22/2017    EUR     64.12
Goldman Sachs & Co Wert    6.00 12/21/2016    EUR     71.66
Vontobel Financial Prod    5.05  12/9/2016    EUR     68.51
DekaBank Deutsche Giroz    4.75  1/20/2017    EUR     62.42
UBS AG                     4.30  12/9/2016    EUR     59.82
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     60.91
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     69.03
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     61.19
Notenstein La Roche Pri    7.00 12/12/2016    EUR     58.82
UniCredit Bank AG          4.00 12/22/2016    EUR     52.21
UniCredit Bank AG          4.00 12/22/2016    EUR     51.71
UniCredit Bank AG          4.00 12/22/2016    EUR     73.35
HSBC Trinkaus & Burkhar    7.20 12/23/2016    EUR     42.33
HSBC Trinkaus & Burkhar    7.10 12/23/2016    EUR     72.93
HSBC Trinkaus & Burkhar    7.70 12/23/2016    EUR     61.69
Vontobel Financial Prod    5.30 12/23/2016    EUR     71.51
Raiffeisen Centrobank A    6.89  6/20/2017    EUR     55.82
Landesbank Hessen-Thuer    3.60 10/10/2016    EUR     74.10
Societe Generale Effekt    6.25 10/10/2016    EUR     49.34
Societe Generale Effekt   13.91 10/10/2016    EUR     32.15
DekaBank Deutsche Giroz    5.15  12/9/2016    EUR     58.47
Deutsche Bank AG           5.20 10/26/2016    EUR     74.50
Deutsche Bank AG           5.20 10/26/2016    EUR     70.10
Deutsche Bank AG           5.20 10/26/2016    EUR     66.30
Deutsche Bank AG           7.20 10/26/2016    EUR     66.40
Deutsche Bank AG           7.20 11/23/2016    EUR     67.00
Vontobel Financial Prod    7.60 12/23/2016    EUR     56.51
Vontobel Financial Prod   10.00 12/23/2016    EUR     49.51
Vontobel Financial Prod   11.70 12/23/2016    EUR     47.57
Goldman Sachs & Co Wert    6.00  3/22/2017    EUR     65.95
Goldman Sachs & Co Wert    8.00  3/22/2017    EUR     61.33
Goldman Sachs & Co Wert   14.00  3/22/2017    EUR     52.01
Goldman Sachs & Co Wert    5.00  6/21/2017    EUR     71.52
Goldman Sachs & Co Wert    6.00  6/21/2017    EUR     66.00
Goldman Sachs & Co Wert    8.00  6/21/2017    EUR     62.09
Goldman Sachs & Co Wert   13.00  3/22/2017    EUR     72.97
Goldman Sachs & Co Wert    3.00 12/21/2016    EUR     54.71
Goldman Sachs & Co Wert    4.00  3/22/2017    EUR     55.99
Goldman Sachs & Co Wert    4.00  3/22/2017    EUR     53.56
Goldman Sachs & Co Wert    5.00  3/22/2017    EUR     49.77
Goldman Sachs & Co Wert    6.00  3/22/2017    EUR     48.38
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     47.12
Goldman Sachs & Co Wert    8.00  3/22/2017    EUR     44.50
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     42.77
Goldman Sachs & Co Wert    3.00  6/21/2017    EUR     61.53
Goldman Sachs & Co Wert    4.00  6/21/2017    EUR     54.48
Goldman Sachs & Co Wert    4.00  6/21/2017    EUR     56.86
Goldman Sachs & Co Wert    6.00  6/21/2017    EUR     49.87
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     45.31
Goldman Sachs & Co Wert   13.00  6/21/2017    EUR     73.51
Goldman Sachs & Co Wert    4.00 12/21/2016    EUR     71.01
Goldman Sachs & Co Wert    4.00  6/21/2017    EUR     72.12
Goldman Sachs & Co Wert    5.00  6/21/2017    EUR     69.26
Vontobel Financial Prod    5.00 12/23/2016    EUR     71.15
UBS AG/London              9.25  6/26/2017    CHF     69.09
Deutsche Bank AG           6.50 12/20/2016    EUR     59.80
Deutsche Bank AG           4.50 12/20/2016    EUR     59.30
Deutsche Bank AG           6.50 12/20/2016    EUR     59.00
Deutsche Bank AG           4.50 12/20/2016    EUR     58.50
Deutsche Bank AG           6.50 12/20/2016    EUR     64.70
Deutsche Bank AG           4.50 12/20/2016    EUR     61.70
Deutsche Bank AG           8.20 12/20/2016    EUR     59.40
Deutsche Bank AG           8.20 12/20/2016    EUR     62.60
Deutsche Bank AG           6.20 12/20/2016    EUR     72.30
Deutsche Bank AG           6.20  6/20/2017    EUR     73.80
Goldman Sachs & Co Wert   21.00  6/21/2017    EUR     72.52
BNP Paribas Emissions-    11.00 12/22/2016    EUR     68.94
BNP Paribas Emissions-     6.50 12/22/2016    EUR     55.65
BNP Paribas Emissions-    10.00 12/22/2016    EUR     49.71
BNP Paribas Emissions-    10.00 12/22/2016    EUR     72.55
BNP Paribas Emissions-    15.00 12/22/2016    EUR     64.30
Vontobel Financial Prod    4.50 12/23/2016    EUR     57.77
Vontobel Financial Prod   14.50 12/23/2016    EUR     43.97
Vontobel Financial Prod   14.00 12/23/2016    EUR     57.56
Vontobel Financial Prod   15.00 12/23/2016    EUR     56.22
Vontobel Financial Prod    6.50 12/23/2016    EUR     70.26
Vontobel Financial Prod    9.50 12/23/2016    EUR     63.94
Vontobel Financial Prod    5.75 12/23/2016    EUR     72.76
Bank Julius Baer & Co L    7.50  9/30/2016    EUR     37.45
Goldman Sachs & Co Wert   19.00 12/21/2016    EUR     69.74
Goldman Sachs & Co Wert   16.00  3/22/2017    EUR     73.15
Goldman Sachs & Co Wert    3.00 12/21/2016    EUR     71.34
Goldman Sachs & Co Wert    6.00 12/21/2016    EUR     61.07
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     57.43
Goldman Sachs & Co Wert    7.00  6/21/2017    EUR     59.06
Credit Suisse AG/Nassau    7.00 10/13/2016    CHF     73.04
Deutsche Bank AG           4.20 12/20/2016    EUR     74.70
Deutsche Bank AG           4.20 12/20/2016    EUR     57.90
Deutsche Bank AG           4.20 12/20/2016    EUR     52.70
Deutsche Bank AG           4.20 12/20/2016    EUR     72.20
Deutsche Bank AG           6.20 12/20/2016    EUR     70.00
Deutsche Bank AG           6.20 10/26/2016    EUR     74.50
Deutsche Bank AG           5.20 11/23/2016    EUR     74.70
Deutsche Bank AG           6.20 11/23/2016    EUR     74.90
Deutsche Bank AG           6.20 10/26/2016    EUR     54.70
Deutsche Bank AG           6.20 10/26/2016    EUR     52.30
Deutsche Bank AG           6.20 10/26/2016    EUR     50.00
Deutsche Bank AG           5.20 11/23/2016    EUR     55.00
Deutsche Bank AG           5.20 11/23/2016    EUR     52.60
Deutsche Bank AG           5.20 11/23/2016    EUR     50.30
Deutsche Bank AG           6.20 10/26/2016    EUR     72.00
Deutsche Bank AG           5.20 10/26/2016    EUR     69.20
Deutsche Bank AG           6.20 10/26/2016    EUR     64.40
Deutsche Bank AG           5.20 10/26/2016    EUR     64.30
Deutsche Bank AG           6.20 11/23/2016    EUR     72.30
Deutsche Bank AG           6.20 11/23/2016    EUR     69.60
Deutsche Bank AG           5.20 11/23/2016    EUR     69.50
Deutsche Bank AG           5.20 11/23/2016    EUR     67.00
Deutsche Bank AG           6.20 11/23/2016    EUR     67.10
Deutsche Bank AG           6.20 11/23/2016    EUR     64.80
BNP Paribas Emissions-     7.00 12/22/2016    EUR     49.11
BNP Paribas Emissions-    16.00 12/22/2016    EUR     39.36
BNP Paribas Emissions-    10.00 12/22/2016    EUR     73.21
Zurcher Kantonalbank Fi    8.50 10/16/2017    CHF     70.89
Bank Julius Baer & Co L   16.30 10/13/2016    CHF     62.65
UniCredit Bank AG          4.10 12/22/2016    EUR     54.42
UniCredit Bank AG          4.50 12/22/2016    EUR     52.10
UniCredit Bank AG          4.40 12/22/2016    EUR     52.66
UniCredit Bank AG          4.30 12/22/2016    EUR     53.24
UniCredit Bank AG          4.20 12/22/2016    EUR     53.82
BNP Paribas Emissions-     9.00 12/22/2016    EUR     72.11
BNP Paribas Emissions-     6.00 12/22/2016    EUR     58.22
BNP Paribas Emissions-     8.00 12/22/2016    EUR     53.54
BNP Paribas Emissions-     9.50 12/22/2016    EUR     51.65
BNP Paribas Emissions-    12.00 12/22/2016    EUR     48.29
BNP Paribas Emissions-     6.00 12/22/2016    EUR     57.31
BNP Paribas Emissions-    14.00 12/22/2016    EUR     66.50
Vontobel Financial Prod   11.50 12/23/2016    EUR     46.37
Vontobel Financial Prod   12.00 12/23/2016    EUR     60.57
Vontobel Financial Prod   13.00 12/23/2016    EUR     58.97
Vontobel Financial Prod    7.50 12/23/2016    EUR     67.99
Goldman Sachs & Co Wert   21.00 10/26/2016    EUR     66.96
Goldman Sachs & Co Wert    4.00 12/21/2016    EUR     67.53
Goldman Sachs & Co Wert    5.00 12/21/2016    EUR     64.12
Goldman Sachs & Co Wert    5.00  3/22/2017    EUR     65.22
Goldman Sachs & Co Wert    5.00  3/22/2017    EUR     62.03
Goldman Sachs & Co Wert    5.00  6/21/2017    EUR     66.04
Goldman Sachs & Co Wert    6.00  6/21/2017    EUR     63.73
Vontobel Financial Prod    8.65  12/9/2016    EUR     61.27
Deutsche Bank AG           6.20 12/20/2016    EUR     58.30
Deutsche Bank AG           4.20 12/20/2016    EUR     55.20
Deutsche Bank AG           6.20 12/20/2016    EUR     72.70
Deutsche Bank AG           4.20 12/20/2016    EUR     69.50
Deutsche Bank AG           5.20 10/26/2016    EUR     74.40
Deutsche Bank AG           6.20 10/26/2016    EUR     57.40
Deutsche Bank AG           5.20 10/26/2016    EUR     57.30
Deutsche Bank AG           5.20 10/26/2016    EUR     54.60
Deutsche Bank AG           5.20 10/26/2016    EUR     52.20
Deutsche Bank AG           5.20 10/26/2016    EUR     49.90
Deutsche Bank AG           5.20 11/23/2016    EUR     57.70
Deutsche Bank AG           6.20 11/23/2016    EUR     57.90
Deutsche Bank AG           6.20 11/23/2016    EUR     55.20
Deutsche Bank AG           6.20 11/23/2016    EUR     52.70
Deutsche Bank AG           6.20 11/23/2016    EUR     50.50
Deutsche Bank AG           5.20 10/26/2016    EUR     72.00
Deutsche Bank AG           6.20 10/26/2016    EUR     69.30
Deutsche Bank AG           6.20 10/26/2016    EUR     66.80
Deutsche Bank AG           5.20 10/26/2016    EUR     66.70
Deutsche Bank AG           5.20 11/23/2016    EUR     72.20
Deutsche Bank AG           5.20 11/23/2016    EUR     64.60
DZ Bank AG Deutsche Zen    5.70 12/19/2016    EUR     53.96
BNP Paribas Emissions-    10.00 12/22/2016    EUR     45.07
Landesbank Baden-Wuertt    4.00  6/23/2017    EUR     59.17
Bank Julius Baer & Co L   10.60  10/6/2016    CHF     32.40
UBS AG                     7.50  12/9/2016    EUR     70.33
DZ Bank AG Deutsche Zen    5.00 12/23/2016    EUR     69.77
UniCredit Bank AG          4.00 12/22/2016    EUR     55.03
UniCredit Bank AG          4.10 12/22/2016    EUR     56.13
UniCredit Bank AG          4.00 12/22/2016    EUR     56.72
UniCredit Bank AG          4.25 12/22/2016    EUR     45.54
UniCredit Bank AG          5.50 12/22/2016    EUR     62.09
UniCredit Bank AG          4.00 12/22/2016    EUR     65.45
UniCredit Bank AG          4.10 12/22/2016    EUR     74.82
Lehman Brothers Treasur    7.32  7/31/2013    GBP      0.75
UniCredit Bank AG          4.20 12/22/2016    EUR     74.39
Landesbank Baden-Wuertt    3.00  7/26/2019    EUR     55.45
UniCredit Bank AG          4.50 12/22/2016    EUR     73.12
UniCredit Bank AG          5.00 12/22/2016    EUR     50.88
Deutsche Bank AG           7.20 10/26/2016    EUR     74.70
Deutsche Bank AG           7.20 10/26/2016    EUR     70.30
Deutsche Bank AG           5.20 11/23/2016    EUR     70.50
Deutsche Bank AG           7.20 11/23/2016    EUR     70.90
Vontobel Financial Prod    5.00 12/23/2016    EUR     44.81
Vontobel Financial Prod    5.45 12/23/2016    EUR     61.21
Vontobel Financial Prod   10.00 12/23/2016    EUR     67.62
Goldman Sachs & Co Wert   10.00  3/22/2017    EUR     57.57
Goldman Sachs & Co Wert   10.00  6/21/2017    EUR     58.98
Goldman Sachs & Co Wert    4.00 12/21/2016    EUR     52.50
Goldman Sachs & Co Wert    7.00 12/21/2016    EUR     45.28
Goldman Sachs & Co Wert    3.00  6/21/2017    EUR     64.57
Goldman Sachs & Co Wert    7.00  6/21/2017    EUR     48.88
Goldman Sachs & Co Wert    8.00  6/21/2017    EUR     46.52
Goldman Sachs & Co Wert   13.00  6/21/2017    EUR     43.08
Goldman Sachs & Co Wert    7.00  3/22/2017    EUR     63.10
Vontobel Financial Prod    8.80 12/23/2016    EUR     64.72
Landesbank Hessen-Thuer    4.00  7/31/2019    EUR     73.68
Deutsche Bank AG           6.50 12/20/2016    EUR     66.20
Deutsche Bank AG           4.50 12/20/2016    EUR     65.70
Deutsche Bank AG           4.50 12/20/2016    EUR     71.90
Deutsche Bank AG           5.50 12/20/2016    EUR     72.20
DZ Bank AG Deutsche Zen    8.80 12/19/2016    EUR     60.62
DZ Bank AG Deutsche Zen    9.00 12/23/2016    EUR     47.42
UniCredit Bank AG          4.25 12/22/2016    EUR     54.98
UniCredit Bank AG          5.50 12/22/2016    EUR     68.57
UniCredit Bank AG          4.50 12/22/2016    EUR     71.31
UniCredit Bank AG          4.50 12/22/2016    EUR     54.47
Deutsche Bank AG           5.20 12/20/2016    EUR     75.00
Deutsche Bank AG           5.20 12/20/2016    EUR     71.00
Deutsche Bank AG           6.20 12/20/2016    EUR     67.60
Goldman Sachs & Co Wert   13.00  3/22/2017    EUR     37.92
Deutsche Bank AG           5.20 12/20/2016    EUR     55.40
Goldman Sachs & Co Wert   12.00  6/21/2017    EUR     40.50
Deutsche Bank AG           6.20 12/20/2016    EUR     53.20
Deutsche Bank AG           5.20 12/20/2016    EUR     53.00
Deutsche Bank AG           6.20 12/20/2016    EUR     50.90
Deutsche Bank AG           5.20 12/20/2016    EUR     50.70
Deutsche Bank AG           5.20 12/20/2016    EUR     48.60
Deutsche Bank AG           5.20 12/20/2016    EUR     46.70
Vontobel Financial Prod    5.00 12/23/2016    EUR     54.01
Vontobel Financial Prod    9.00 12/23/2016    EUR     65.38
Vontobel Financial Prod   15.00 12/23/2016    EUR     56.28
Landesbank Baden-Wuertt    2.50  8/25/2017    EUR     73.35
Landesbank Baden-Wuertt    4.50  8/25/2017    EUR     66.99
Landesbank Baden-Wuertt    3.00  8/25/2017    EUR     63.30
Landesbank Baden-Wuertt    3.00  8/25/2017    EUR     47.23
Landesbank Baden-Wuertt    5.00  8/25/2017    EUR     43.59
Deutsche Bank AG           7.20 12/20/2016    EUR     65.40
Deutsche Bank AG           7.20 12/20/2016    EUR     61.20
Deutsche Bank AG           7.20 12/20/2016    EUR     57.50
Landesbank Baden-Wuertt    3.00  8/25/2017    EUR     70.63
Vontobel Financial Prod    4.15 12/23/2016    EUR     63.40
Leonteq Securities AG      8.00  11/7/2016    CHF     69.52
HSBC Trinkaus & Burkhar    9.40 12/23/2016    EUR     65.34
HSBC Trinkaus & Burkhar    6.30 12/23/2016    EUR     71.52
HSBC Trinkaus & Burkhar    7.10  3/24/2017    EUR     69.51
Notenstein La Roche Pri    4.00  1/31/2017    EUR     61.25
Deutsche Bank AG           7.20 12/20/2016    EUR     71.50
Deutsche Bank AG           6.20 12/20/2016    EUR     71.20
Deutsche Bank AG           5.20 12/20/2016    EUR     67.40
Deutsche Bank AG           7.20 12/20/2016    EUR     67.80
Notenstein La Roche Pri    7.50   2/7/2017    EUR     68.53
Notenstein La Roche Pri    5.00   8/7/2018    CHF     72.53
Deutsche Bank AG           6.20 12/20/2016    EUR     55.70
Goldman Sachs & Co Wert    9.00  6/21/2017    EUR     42.22
Deutsche Bank AG           7.20 12/20/2016    EUR     55.90
Deutsche Bank AG           7.20 12/20/2016    EUR     53.40
Deutsche Bank AG           7.20 12/20/2016    EUR     51.20
Deutsche Bank AG           6.20 12/20/2016    EUR     48.90
Deutsche Bank AG           7.20 12/20/2016    EUR     49.10
Deutsche Bank AG           6.20 12/20/2016    EUR     47.00
Vontobel Financial Prod    6.50 12/23/2016    EUR     51.72
Deutsche Bank AG           7.20 12/20/2016    EUR     47.20
Deutsche Bank AG           7.20 12/20/2016    EUR     45.50
Landesbank Baden-Wuertt    4.50  8/25/2017    EUR     72.69
Landesbank Baden-Wuertt    2.50  8/25/2017    EUR     74.16
Landesbank Baden-Wuertt    3.50  8/25/2017    EUR     70.68
Landesbank Baden-Wuertt    4.00  8/25/2017    EUR     60.51
Landesbank Baden-Wuertt    5.00  8/25/2017    EUR     58.53
Landesbank Baden-Wuertt    4.00  8/25/2017    EUR     45.09
Deutsche Bank AG           7.20 12/20/2016    EUR     67.80
Deutsche Bank AG           5.20 12/20/2016    EUR     67.30
Deutsche Bank AG           7.20 12/20/2016    EUR     63.30
Deutsche Bank AG           5.20 12/20/2016    EUR     57.10
Leonteq Securities AG     15.00  11/7/2016    CHF     31.64
HSBC Trinkaus & Burkhar    8.30 10/28/2016    EUR     67.13
HSBC Trinkaus & Burkhar   10.20 12/23/2016    EUR     46.17
HSBC Trinkaus & Burkhar    6.20  3/24/2017    EUR     52.43
Leonteq Securities AG     13.00 10/31/2016    USD     63.97
Credit Suisse AG/Nassau    6.00  2/13/2017    CHF     66.95
UBS AG/London              8.00  7/31/2017    CHF     62.50
Credit Suisse AG/Nassau    6.50   2/3/2017    CHF     69.21
Bank Julius Baer & Co L    9.05  2/13/2017    EUR     63.10
Zurcher Kantonalbank Fi    5.75   2/6/2017    EUR     66.79
Vontobel Financial Prod    5.00  2/28/2017    EUR     71.95
Vontobel Financial Prod    3.35  12/9/2016    EUR     72.74
WGZ-Bank AG Westdeutsch    5.75  9/26/2016    EUR     58.69
WGZ-Bank AG Westdeutsch    6.75  9/26/2016    EUR     57.36
WGZ-Bank AG Westdeutsch    3.75  9/26/2016    EUR     67.70
Immigon Portfolioabbau     3.50  5/23/2022    EUR     70.75
Rosbank PJSC               0.01  2/26/2025    RUB     60.06
SG Issuer SA               5.05  4/10/2025    EUR     55.56
HSBC Bank PLC              0.50  4/27/2027    NZD     68.41
Lehman Brothers Treasur    1.60  6/21/2010    JPY      0.75
Agentstvo po Ipotechnom   11.77   2/1/2034    RUB     60.11
Credito Cooperativo Int    1.75   2/4/2025    EUR     74.63



                            *********

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.

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., Washington, D.C., USA.
Valerie U. Pascual, Marites O. Claro, Rousel Elaine T. Fernandez,
Joy A. Agravante, Julie Anne L. Toledo, Ivy B. Magdadaro, and
Peter A. Chapman, Editors.

Copyright 2016.  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$775 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 215-945-7000 or Nina Novak at
202-362-8552.


                 * * * End of Transmission * * *