/raid1/www/Hosts/bankrupt/TCREUR_Public/230227.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, February 27, 2023, Vol. 24, No. 42
Headlines
A R M E N I A
ARDSHINBANK CJSC: Fitch Alters Outlook on 'B+' LongTerm IDR to Pos.
C Y P R U S
TRANS-OIL: Fitch Alters Outlook on 'B' Foreign Curr. IDR to Stable
F R A N C E
TECHNICOLOR CREATIVE: EUR565M Bank Debt Trades at 42% Discount
G E R M A N Y
GHD VERWALTUNG: EUR360M Bank Debt Trades at 30% Discount
N E T H E R L A N D S
BALKANS REAL ESTATE: Fitch Assigns 'BB(EXP)' IDR, Outlook Stable
MEDIAN BV: GBP250M Bank Debt Trades at 18% Discount
S P A I N
DURO FELGUERA: EUR85M Bank Debt Trades at 32% Discount
S W E D E N
FUSILLI HOLDCO: EUR300M Bank Debt Trades at 20% Discount
T U R K E Y
VB DPR FINANCE: Fitch Gives Final BB+ Rating 2023 Tranches
U N I T E D K I N G D O M
2 SISTERS: To Move Ahead with Plans to Halt Operations
CINEWORLD: 130 Cinemas Across UK, Ireland at Risk of Closure
FASHION COLLECTIONS: Enters Administration Amid Financial Woes
MAIN'S HOUSE: Reaches Agreement with NHS to Continue Operations
MARKET BIDCO: EUR709M Bank Debt Trades at 16% Discount
MICRO FOCUS: Fitch Hikes LongTerm IDR to 'BB+' & Withdraws Ratings
OSPREY ACQUISITIONS: Fitch Affirms BB+ LongTerm IDR, Outlook Stable
PHARMANOVIA BIDCO: Fitch Affirms 'B+' LongTerm IDR, Outlook Stable
PROVIDENT FINANCIAL: Fitch Affirms BB LongTerm IDR, Outlook Stable
RIDE-ON SCOTLAND: Assets Put Up for Sale Following Liquidation
TOLENT: Newcastle City Council to Assess Options Over Projects
X X X X X X X X
[*] BOND PRICING: For the Week February 20 to February 24, 2023
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A R M E N I A
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ARDSHINBANK CJSC: Fitch Alters Outlook on 'B+' LongTerm IDR to Pos.
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Fitch Ratings has revised three Armenian banks' - Ardshinbank CJSC,
ACBA BANK Open Joint-Stock Company (ACBA) and Armeconombank OJSC
(AEB) - to Positive from Stable. Their Long-Term Issuer Default
Ratings (IDRs) have been affirmed at 'B+' for Ardshinbank and ACBA,
and 'B' for AEB.
The Outlook revisions follow a similar action on Armenia's
sovereign rating (for details see 'Fitch Revises Armenia's Outlook
to Positive; Affirms at 'B+'' dated February 10, 2023.)
KEY RATING DRIVERS
The Positive Outlook on the banks' ratings reflects its view that
the country's buoyant economic growth, strengthening sovereign
credit profile and improving external finances would improve the
banking sector's operating environment, and underpin the stability
of the banks' key credit metrics. Fitch estimates GDP to have grown
by a strong 11.6% in 2022, and forecasts further strong performance
of 6.1% in 2023 and 4.7% in 2024, supported by an influx of
immigrants (mainly Russians) and their respective money transfers.
Fitch has revised the outlook on the 'b+' operating environment
score for banks in Armenia to positive from stable. Fitch expects
positive economic conditions to persist and to further contribute
to revenue and credit growth in the sector. Fitch anticipates that
these positive developments will result in sustained strengthening
of the banks' financial profiles, in particular with respect to
their profitability, capitalisation, funding and liquidity.
Sharp Profitability and Capital Gains: Armenian banks reported a
sharp increase in revenue in 2022, which resulted in the
sector-average return on equity (ROE) rising to 28%, versus 8% in
2021. Fitch expects profitability ratios to moderate in 2023 but to
remain considerably above historical averages due to wider margins,
driven by high interest rates, and increased non-interest income.
Fitch Core Capital (FCC) ratios improved to 21% at Ardshinbank and
17% at ACBA, but was broadly stable at 12% at AEB. Fitch believes
that capital ratios at Ardshinbank and ACBA will moderate due to
dividend pay-outs and faster loan growth, but will remain at solid
levels.
Asset Quality to Stay Stable: Loan quality ratios improved for all
three banks, supported by robust credit and economic growth, as
well as an 18% appreciation of the local currency in 2022. Fitch
expects asset-quality to remain broadly stable in 2023.
Large Deposit Inflows: Funding and liquidity profiles of the banks
benefited from strong deposit growth (sector-average: 28% in 2022),
bringing the sector-average ratio of gross loans to deposits to
114% at end-2022, versus 126% in 2021. Fitch believes that
aggregate deposit levels will be broadly stable in the near term.
In addition, the banks have a long record of attracting funding
from international financial institutions, and Fitch expects their
access to wholesale funding to remain reasonable.
Business Profiles and Capital Ratios Vary: Fitch rates AEB a notch
lower than Ardshinbank and ACBA mainly due to its lower core
capital ratio and weaker business profile, as captured by AEB's
lower market shares in the sector's loans and deposits.
Extraordinary Support Unlikely: The banks' Government Support
Ratings (GSRs) of 'no support' reflect Fitch's view that the
Armenian authorities (sovereign IDR: B+/Positive) have limited
financial flexibility to provide extraordinary support to the
banks, given the banking sector's large foreign-currency
liabilities relative to the country's international reserves.
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
The Outlooks on the three banks' ratings would likely be revised to
Stable if the Outlook on Armenia's 'B+' IDR is revised to Stable.
Fitch would also revises the banks' Outlooks back to Stable if
Fitch takes a view that the recent improvements in credit metrics,
particularly in respect to profitability and capitalisation, are
not sustainable, and if Fitch believes there have not been material
improvements in the operating environment for the country's banks.
In addition, significant asset-quality deterioration at any of the
banks could also trigger a revision of their Outlooks.
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
An upgrade of the banks' ratings would require a sovereign upgrade,
coupled with an improvement in Fitch's assessment of the local
operating environment, and a longer record of stronger performance.
In addition to this, upgrades of Ardshinbank and ACBA would require
the banks to maintain FCC ratios of over 15%, and an upgrade of AEB
would require a somewhat stronger franchise, and an FCC ratio of at
least around 12%.
OTHER DEBT AND ISSUER RATINGS: KEY RATING DRIVERS
Ardshinbank's senior unsecured Eurobonds, which were issued by
Dilijan Finance B.V. (a Dutch special purpose vehicle), are rated
at the same level as the bank's Long-Term IDR, as the debt
represents Ardshin's unconditional, unsecured and unsubordinated
obligations.
OTHER DEBT AND ISSUER RATINGS: RATING SENSITIVITIES
Ardshinbank's senior debt ratings are likely to move in tandem with
its IDRs.
VR ADJUSTMENTS
All three banks' operating environment scores of 'b+' are below the
'bb' category implied score, due to the following adjustment
reason: sovereign rating (negative).
AEB's asset quality score of 'b+' is below the 'bb' category
implied score, due to the following adjustment reason: underwriting
standards and growth (negative).
ESG CONSIDERATIONS
ACBA has a score of '3' for Exposure to Environmental Impacts
against the standard score of 2. The score reflects the bank's
significant exposure to the agricultural sector (31% of gross loans
at end-3Q22) and the associated climate risks.
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
Entity/Debt Rating Recovery Prior
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Dilijan Finance B.V.
senior
unsecured LT B+ Affirmed RR4 B+
Armeconombank OJSC
LT IDR B Affirmed B
ST IDR B Affirmed B
Viability b Affirmed b
Government Support ns Affirmed ns
Ardshinbank CJSC
LT IDR B+ Affirmed B+
ST IDR B Affirmed B
Viability b+ Affirmed b+
Government Support ns Affirmed ns
ACBA BANK Open JSC LT IDR B+ Affirmed B+
ST IDR B Affirmed B
Viability b+ Affirmed b+
Government Support ns Affirmed ns
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C Y P R U S
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TRANS-OIL: Fitch Alters Outlook on 'B' Foreign Curr. IDR to Stable
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Fitch Ratings has revised the Outlook on Aragvi Holding
International Limited's (Trans-Oil) Long-Term Foreign Currency (FC)
Issuer Default Rating (IDR) to Stable from Positive. Fitch has
affirmed the Long-Term Local Currency (LC) IDR at 'B' with a
Positive Outlook.
The revision of the Outlook on the FC IDR reflects the low
likelihood of the rating being upgraded if the LC IDR was upgraded
due to increased operating environment risks in Moldova.
The Positive Outlook on LC IDR reflects Trans-Oil's improved
business profile and Fitch's expectation that leverage will stay
below its positive rating sensitivity, despite projected
normalisation in EBITDA in the fiscal year ending June 2023 (FY23)
and the higher cost of funding related to important working capital
facilities. Visibility of the group's EBITDA remaining above USD180
million on a sustained basis together with confirmation of a
conservative financial policy would be the prerequisites for an
upgrade of the LC IDR.
Trans-Oil's 'B' IDR continues to benefit from the company's
dominant and well-protected market position in agricultural exports
and sunflower seed crushing in Moldova and superior EBITDA margin
compared with larger peers. Fitch believes that a lower harvest in
Moldova in FY23 could be compensated by procurement from Ukraine,
which has export capacity constraints due to the ongoing conflict
with Russia.
KEY RATING DRIVERS
Increased Scale: Trans-Oil's EBITDA more than tripled over the past
four years and reached USD240 million in FY22. While high commodity
prices contributed to EBITDA growth, it was mostly driven by
greater volumes traded in the origination segment supported by
additional liquidity from Eurobond proceeds, acquisitions of
Serbian crushing and infrastructure assets and the launch of the
new high oleic and organic seeds crushing plant.
Peak in Commodity Price Cycle: Like its peers, since FY21 Trans-Oil
has benefited from high agricultural commodity prices, which have
boosted its revenue but also led to large cash outflows, due to an
increase in working capital needs. Prices already started to
normalise from 1HFY23 but Fitch does not expect them to completely
reverse back to pre-FY21 levels. As a result, Fitch views some of
the profits achieved during the time of exceptionally high and
volatile prices for agricultural commodities as sustainable.
Drought to Reduce Sales in FY23: Drought in the Central and Eastern
Europe region and in particular in Moldova, drove a 30% reduction
in Trans-Oil's total sales volumes in 1HFY23. Fitch forecasts less
of a decline in sales volumes in FY23, as lower procurement from
Moldova will be largely compensated by higher origination from
inland Ukraine. This is because of Black Sea shipping limitations
for Ukrainian crops and therefore higher demand for alternative
export routes, including from neighbouring Moldova.
Overseas Expansion: Over the past three years, Trans-Oil has
expanded its operations outside Moldova by acquiring a plant in
Romania and assets in Serbia and expanding its origination and
marketing segment into new countries, in particular in Latin
America. Profits are no longer dominated by Moldova as EBITDA
generated overseas reached 63% in FY22, a significant increase from
20% in FY20.
Nevertheless, we project EBITDA from higher-rated countries, in
particular Serbia and Romania, will not be sufficient to cover
hard-currency gross interest expense over the medium term, meaning
Fitch cannot apply a Country Ceiling other than Moldova's.
Improved Commodity Diversification: Trans-Oil's commodity
diversification reflects a crop mix harvested in the Black Sea
region, with wheat, corn and sunflower seeds and oil contributing
to the largest part of revenue. However, there has been some
improvement in diversification over the past three years as
Trans-Oil started to trade soybeans from Latin America and
increased sales volumes of barley.
EBITDA Drives Deleveraging: Trans-Oil's readily marketable
inventories (RMI)-adjusted EBITDA net leverage fell to 2.2x in FY22
(FY21: 3.5x) due to exceptionally strong EBITDA. Fitch expects that
EBITDA normalisation will drive some increase in leverage from FY23
but estimate that EBITDA of around USD180-USD190 million will be
sufficient for leverage to remain in line with its positive rating
sensitivity of below 3x. Visibility of EBITDA being sustained
around this level will support an upgrade of the LC IDR.
Strong Market Position in Moldova: Trans-Oil's dominant market
position in Moldova's agricultural exports and sunflower seed
crushing underpins the IDR. In FY20, Trans-Oil exported 62% of
agricultural commodities in Moldova and accounted for 93% of
sunflower seeds crushed in the country. A major competitive
advantage is its ownership of material infrastructure assets as it
operates the country's largest inland silo network and the only
seagoing vessel port.
Superior EBITDA Margin: Trans-Oil's EBITDA margin has declined over
the past four years as the company expanded outside Moldova to
markets, where it has no or limited processing or infrastructure
assets and substantially lower market shares. Nevertheless, with a
9% EBITDA margin in FY22, Trans-Oil has higher profit margins than
most Fitch-rated peers in the sector. Fitch believes this
profitability can be sustained in the medium term, assuming organic
business growth.
Negative Cash Flows: Trans-Oil has generated negative FCF and cash
from operations over the past four years, despite having superior
EBITDA margin. This is because of significant cash outflows under
working capital that were either driven by increasing agricultural
commodity prices or by growing sales volumes as Trans-Oil expanded
its operations. As sales and EBITDA normalise and investments in
working capital moderate, Fitch expects operating cash flow to turn
positive from FY23. This would result in neutral to positive FCF,
further supporting the Positive Outlook on the LC IDR.
DERIVATION SUMMARY
Trans-Oil is considerably smaller in business size and has a weaker
ranking on a global scale than international agricultural commodity
traders and processors, such as Cargill Incorporated (A/Stable),
Archer Daniels Midland Company (A/Stable) and Bunge Limited
(BBB/Positive). It is also more leveraged than peers.
Comparing Trans-Oil with Tereos SCA (BB/Stable), the three-notch
rating differential reflects the latter's stronger business profile
supported by its larger scale, stronger geographic diversification
and more flexible cost structure. This is partially offset by its
weaker financial structure.
Trans-Oil compares well with Ukrainian sunflower seed crusher and
grain trader Kernel Holding S.A. (CC) due to the similarity of
their operations and vertically-integrated models, which include
sizeable logistics and infrastructure assets. The main difference
in business models is Kernel's integration into crop growing, which
limits sourcing and procurement risk, and a wider and diversified
customer base. Kernel also has greater business scale and a larger
sourcing market, which before the Ukraine and Russia war provided
greater protection from weather risks. In contrast, competition
risks for Trans-Oil are lower than Kernel's due to its stronger
market position and absence of competition from global commodity
traders and processors in Moldova. Kernel's 'CC' IDR reflects
heightened operational and financial risks following Ukraine's
military invasion by Russia.
KEY ASSUMPTIONS
- Some normalisation of agricultural commodity prices after their
increase in FY21-FY22
- Sales volumes declining in FY23 due to a poor harvest in Central
and Eastern Europe with the shortfall in Moldova's volumes
compensated by greater origination from Ukraine
- Maintaining the ability to preserve profit margins in the
origination and crushing segments in Moldova
- Increased interest expense on floating-rate trade finance
facilities, driven by the heightened interest rate environment
- Moderating outflows under working capital, resulting in positive
operating cash flow
- Capex of USD24 million in FY23, normalising to around USD15
million a year in FY23-FY25
- Remaining EUR4 million payment for acquisition of silo and port
infrastructure in Serbia in FY23
- No dividends
RECOVERY RATING ASSUMPTIONS
Adequate Recovery for Secured Bondholders: The senior secured
Eurobond is rated in line with Trans-Oil's 'B 'IDR, reflecting
average recovery prospects given default. The Eurobond is secured
by pledges over substantially all assets of key Moldovan entities,
excluding commodities.
Liquidation Scenario: Its recovery approach assumes the company
will be liquidated instead of restructured in a financial distress.
The increase in liquid assets, such as RMI resulting from
Trans-Oil's increased scale, will likely encourage creditors
secured by these assets to pursue a liquidation route. Under such
an outcome, Fitch expects bondholders to receive better recoveries
than for a going concern, given pledges over the other assets of
the company. Fitch has applied customary advance rates for the main
assets in Trans-Oil, such as 80% for trade receivables, 30% for
non-RMI inventories and 30% for property plant and equipment.
Fitch-adjusted RMI is used to repay outstanding working-capital
credit lines first, as such creditors have direct recourse to these
assets. Its assumptions result in a ranked recovery in the 'RR4'
band for the senior secured Eurobond, indicating a 'B' rating. The
waterfall analysis output percentage on metrics and assumptions was
53%. However, the Eurobond is rated in line with Trans-Oil's 'B'
IDR, as notching up is not possible due to the Moldovan
jurisdiction. Therefore, the waterfall analysis output percentage
remains capped at 50%.
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to positive
rating action/upgrade of the LC IDR:
- Visibility that achieved benefits from reinforced diversification
and scale (as measured by EBITDA) will be sustained
- Maintaining a conservative capital structure with RMI-adjusted
EBITDA net leverage at or below 3.0x and strengthening of risk
management practices including continued reduction in the use of
derivative instruments (for example, as a share of working
capital)
- Maintenance of strong internal liquidity with sufficient
availability of trade-financing lines to secure trading and
processing volumes and to cope with price volatility
- Stable geopolitical environment in Trans-Oil's core countries of
operation
Factors that could, individually or collectively, lead to positive
rating action/upgrade of the FC IDR:
- Upgrade of LC IDR
- Increasing EBITDA from higher-rated countries, in particular
Serbia and Romania, sufficient to fully cover annual hard-currency
interest expense over the next three years
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
- Weakening of liquidity position or risk of insufficient
availability of trade-finance lines to fund trading and processing
operations with internal liquidity score falling below 1.0x
- More aggressive risk management or financial policy, as reflected
by increased profit volatility and higher-than-expected investments
in working capital, capex and M&A or dividend payment
- RMI-adjusted EBITDA net leverage above 4.5x and RMI-adjusted
EBITDA interest cover below 1.5x for more than two consecutive
years
LIQUIDITY AND DEBT STRUCTURE
Adequate Liquidity: At end-FY22, Trans-Oil had Fitch-adjusted
available cash of USD49 million, Fitch-estimated RMI of USD227
million and accounts receivables of USD239 million, which were
sufficient to cover current liabilities of USD286 million. We
expect Trans-Oil to be able to maintain adequate internal liquidity
over the next three years.
Fitch also assumes that Trans-Oil will extend its USD120 million
pre-export financing (PXF) facility before its maturity at end-July
2023. Refinancing risks have increased due to geopolitical
instability in the region and overall weakening of access to
capital for small companies. However, Fitch relys on projected
moderate leverage and Trans-Oil's record of re-establishing its PXF
facility since it was obtained in July 2014.
SUMMARY OF FINANCIAL ADJUSTMENTS
RMI Adjustments: Fitch applied RMI adjustments in evaluating
Trans-Oil's leverage and interest coverage ratios and liquidity.
Certain commodities traded by Trans-Oil fulfil Fitch's eligibility
criteria for RMI adjustments as around 90% of its international
oilseeds and grain sales volumes are made on the basis of forward
contracts. The differential between RMI-adjusted and RMI-unadjusted
EBITDA net leverage is around 1.0x.
For the purpose of RMI calculations, Fitch discounted eligible
reported inventory by 40% to reflect basis and counterparty risks.
In its calculation of leverage and interest cover metrics, Fitch
excluded debt associated with financing RMI and reclassified the
related interest costs as cost of goods sold.
ESG CONSIDERATIONS
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
Entity/Debt Rating Recovery Prior
----------- ------ -------- -----
Aragvi Finance
International DAC
senior secured LT B Affirmed RR4 B
Aragvi Holding
International
Limited LT IDR B Affirmed B
LC LT IDR B Affirmed B
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F R A N C E
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TECHNICOLOR CREATIVE: EUR565M Bank Debt Trades at 42% Discount
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Participations in a syndicated loan under which Technicolor
Creative Studios SA is a borrower were trading in the secondary
market around 58.3 cents-on-the-dollar during the week ended
Friday, February 24, 2023, according to Bloomberg's Evaluated
Pricing service data.
The EUR565 million facility is a Term loan that is scheduled to
mature on July 28, 2026. The amount is fully drawn and
outstanding.
Technicolor Creative Studios SA is a French company that involved
in the visual effects, motion graphics and animation services for
the entertainment, media and advertising industries. Headquartered
in Paris, France, it is a spin-off of Technicolor SA, which now
renamed to Vantiva. The Company's country of domicile is France.
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G E R M A N Y
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GHD VERWALTUNG: EUR360M Bank Debt Trades at 30% Discount
--------------------------------------------------------
Participations in a syndicated loan under which GHD Verwaltung
Gesundheits GmbH Deutschland is a borrower were trading in the
secondary market around 69.9 cents-on-the-dollar during the week
ended Friday, February 24, 2023, according to Bloomberg's Evaluated
Pricing service data.
The EUR360 million facility is a Term loan that is scheduled to
mature on August 15, 2026. The amount is fully drawn and
outstanding.
GHD Verwaltung Gesundheits GmbH Deutschland provides healthcare
services. The Company offers rehabilitation, wound care,
orthopedics, pediatrics, pain management, and other services. GHD
Verwaltung Gesundheits conducts its business in Germany.
=====================
N E T H E R L A N D S
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BALKANS REAL ESTATE: Fitch Assigns 'BB(EXP)' IDR, Outlook Stable
----------------------------------------------------------------
Fitch Ratings has assigned Serbia-focused property company Balkans
Real Estate B.V. (BRE) an expected Long-Term Issuer Default Rating
(IDR) of 'BB(EXP)' with a Stable Outlook. Fitch has also assigned
BRE's planned bond an expected 'BB(EXP)'/RR4 senior unsecured
rating.
BRE's ratings are constrained by the group's concentration on a
limited number of assets (11) located in Belgrade, Serbia, limiting
asset and geographical diversification. The portfolio was valued at
EUR0.7 billion at end-2021. The ratings also reflect the
portfolio's quality and its strong position in the nascent Belgrade
property market, as well as diversification across the retail and
office segments. The portfolio, rented mainly to multinational
tenants, currently uses secured debt, while the planned unsecured
bond is part of BRE's strategy to access unsecured funding.
The assignment of a final IDR is contingent on BreAtt B.V. (a joint
venture (JV) with BRE and Atterbury Europe, a property investment
company) guaranteeing a substantial portion of BRE's planned
unsecured debt, formalising cash flows from BreAtt B.V.to BRE and
reducing potential risks from current segregated secured funding
affecting cash circulation within the group. The assignment of a
final unsecured rating on the planned bond is contingent on final
documentation conforming to information already received.
KEY RATING DRIVERS
Small, Concentrated Portfolio: BRE operates seven retail schemes
(end-2021 investment properties market value: 73%) and four offices
(27%). The retail assets include three non-core properties (4%)
that management intends to sell. Most of BRE's properties are in
the New Belgrade district where the majority of Belgrade's modern
office and retail stock is located.
Belgrade's provision of both types of space is small compared with
more established CEE capital cities. As the economy expands and
land is available in New Belgrade new property developments will
increase competition. BRE's quality assets make up a meaningful
share of the city's market (around 30% of total shopping centre, 9%
of modern office by gross leasable area; GLA).
Core Retail Portfolio: Four of BRE's shopping centres (69% of the
group's investment properties market value) have a GLA of between
23,000-46,000 sq m. The three biggest assets (Usce, Beo and
acquired in November 2021 Delta City) are 'destination' centres,
with fashion tenants occupying 40%-50% of GLA followed by
entertainment and food & beverage (12%-17% in total). The smallest
retail centre, Mercator, which has 40% of its GLA occupied by a
food retailer, is a community mall.
Assets have maintained high occupancy rates of above 95% with
sustainable occupancy cost ratios (2021: 9%-14%). Retailers include
both international and local entities some operating as a
franchisee of well-known international brands. The biggest retail
tenant is Mercator, a pan-Balkans food retailer (7% of retail
rent), followed by Inditex Group (5%).
Office Assets Add Diversification: All four of BRE's office
buildings, including prominently located Usce Towers, are in the
New Belgrade area. The assets were over 90% leased (or pre-leased)
at end-September 2022 and are mainly tenanted by multinational
companies for their international business service operations,
which benefit from low operating costs (including labour and
rents).
The group's top tenant (42% of office rent) is a development centre
for Microsoft Corporation, which occupies Usce Tower II after
signing a 10-year lease in September 2021. Microsoft's share of the
group's total rent including office and retail portfolios is 12%
while BRE's top 10 tenants' share is 35%. The group's weighted
average lease length is 4.4 years.
Retail Rents Growth Prospects: BRE's leases often include an annual
inflation rent indexation clause. Since leases are
euro-denominated, eurozone HICP is used as the index. This averaged
8.4% in 2022, lower than 11.7% inflation for Serbia. Combined with
BRE's retail assets' moderate occupancy costs, this may help
tenants absorb rent increases. However, if inflation materially
erodes households' disposable income, weakening consumption and
tenants' sales, BRE may have to forfeit some inflation-linked rent
increases to maintain occupancy rates.
The affordable rent profile may also be affected if Fitch sees a
sharp depreciation of the domestic currency (in which retailers'
revenues) are earned versus the euro. Office tenants are less
sensitive to this increase in occupancy costs.
Moderate Leverage: BRE's net debt/EBITDA of 11.7x in 2021 was
affected by pandemic-related rent discounts provided to retail
tenants and the part-year rental contribution from the Delta City
acquisition. Fitch forecasts BRE's net debt/EBITDA decreased to
6.8x in 2022, helped by the expiry of rent discounts and leasing of
offices including rent coming on-stream from the Microsoft new
letting. Net leverage is forecast to decrease to 6.3x in 2025 as
capex is largely offset by disposal proceeds and the dividend
requirement is low (funds from operations dividend cover over 8x).
EBITDA interest cover is forecast to be above 2x.
Development Risk: BRE plans to refurbish and extend two of its
shopping centres (Usce and Beo). The works will commence in 2023
once the required permits are procured. Both projects, with total
capex of EUR24 million, are scheduled for completion in 2024. Other
projects that are in the planning phase will be started subject to
market conditions.
Governance Structure Limitations: BRE is owned by Centurion Venture
Capital BV (CVC), a holdco that also owns shares in distribution
and property management companies. The latter manage BRE group's
assets. BRE group provides loans to other related parties outside
its group (EUR10.7 million at end June-2022), but these will be
repaid.
CVC is ultimately owned by Mr Petar Matic. The private ownership
means financial disclosure and corporate governance are not
comparable with listed companies. The concentrated ownership and
lack of independent directors on BRE's board, means that the arm's
length nature of related-party transactions does not have
independent oversight.
DERIVATION SUMMARY
BRE's small EUR0.7 billion (at 100%), all-Serbia (BB+/Stable)
located portfolio is concentrated on a limited number of retail and
office assets and has the highest country risk exposure among CEE
Fitch-rated peers. BRE's limited asset and geographical
concentration resembles the retail-focused EUR1 billion portfolio
of Akropolis Group, UAB (BB+/Stable). However, Akropolis's country
risk exposure is materially lower as its assets are in Lithuania
(A/Stable) and Latvia (A-/Stable) both EU and eurozone members. MAS
plc's (BB/Positive) core EUR0.9 billion CEE portfolio is located
predominantly (76% of rent) in Romania (BBB-/Negative) but has
slightly lower asset concentration.
The portfolio of NEPI Rockcastle N.V. (BBB+/Stable, valued at
EUR5.7 billion), Globalworth Real Estate Investments Limited
(BBB-/Stable, EUR2.8 billion) and Globe Trade Centre S.A.
(BBB-/Stable, EUR2.1 billion) are bigger and more diversified.
However, only GTC has BRE's asset class diversification between
retail (65% of market value) and offices (35%).
BRE's LTV of around 55% combined with the high-yielding nature of
assets in Serbia results in net debt/EBITDA leverage at above 6x.
This is similar to NEPI's leverage, but NEPI's assets are lower
yielding (net initial yield of 6.7%). Akropolis's financial profile
is more conservative with 2022 net debt/EBITDA forecast at 4.9x.
Akropolis's portfolio has a net initial yield estimated at around
7% and LTV of below 40%. The financial profiles of Globalworth and
GTC are weaker.
KEY ASSUMPTIONS
Fitch's Key Assumptions Within Its Rating Case for the Issuer
- Like-for-like net rent increases of 4% in 2023, reflecting
partial forfeiture of inflation-linked rent indexation and some
rent decreases at renewals. Rent increases of 3% and 2% in 2024 and
2025, respectively
- Stable occupancy rate at around 97%
- Over EUR50 million of disposal proceeds until end-2025
- Around EUR90 million of capex (including maintenance capex)
during the forecast horizon until end-2025
- On average EUR3.6 million dividends per year paid to CVC and
Atterbury Europe
- Planned unsecured bond at 7% fixed coupon
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
- Expansion of the portfolio in higher-rated countries while
maintaining portfolio quality and increasing diversification
- Unencumbered assets/unsecured debt cover above 1.75x
- Net debt/EBITDA below 7.0x
- EBITDA interest cover above 1.5x
- Improved corporate governance
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
- Net debt/EBITDA above 8.0x and LTV trending above 60%
- EBITDA interest cover below 1.2x
- Unencumbered assets/unsecured debt cover below 1.25x
- Liquidity score below 1.0x
- Transactions with related-parties that are detrimental to BRE's
interests
LIQUIDITY AND DEBT STRUCTURE
Adequate Liquidity: At end-1H22, BRE had EUR16.5 million of readily
available cash excluding EUR8.2 million of cash held on the secured
loans' related reserve accounts. This would be sufficient to repay,
if required, EUR7.6 million of liabilities towards the shareholder.
Debt maturities in the next 12 months of EUR19.0 million consists
of amortisations of secured bank loans. These will be covered by
the cash flow generated at the assets' level. BRE does not use
committed revolving credit facilities as a contingent source of
liquidity.
Except for a small retail property, BRE's assets are funded with
secured debt leaving no meaningful unencumbered investment property
asset pool. Proceeds from the planned unsecured bond are expected
to allow the group to repay the majority of existing secured loans
resulting in an unencumbered investment property assets/unsecured
debt ratio of 1.7x.
Group Structure Complexity: BreAtt B.V., the JV between BRE (62.5%
ownership) and Atterbury Europe (37.5%) will guarantee BRE's
liabilities arising from the planned bond. The JV holds EUR357
million of investment properties after the transfer of Usce Tower
II to the fully-owned part of BRE's group completed in 2022. Assets
are currently financed with EUR184 million of secured debt,
implying a 52% LTV. This debt will be mostly repaid following the
planned bond issuance.
BreAtt is fully consolidated into the group's accounts. Atterbury
is remunerated for its participation in asset management functions
and receives its share of BreAtt's dividend. Since BreAtt will be a
guarantor of the bond Fitch will replicate the group's consolidated
accounting approach deducting only Atterbury's recurring dividend
from BRE's Fitch-calculated EBITDA.
ESG CONSIDERATIONS
BRE has an ESG Relevance Score of '4' for Governance Structure
reflecting the lack of corporate governance attributes that would
both mitigate key person risk from the sole shareholder Petar Matic
and ensure independent oversight of related-party transactions.
This has a negative impact on the credit profile, and is relevant
to the ratings in conjunction with other factors.
Unless stated otherwise above the highest level of ESG credit
relevance is a score of 3 - ESG issues are credit neutral or have
only a minimal credit impact on the entity, either due to their
nature or the way in which they are being managed by the company.
Entity/Debt Rating Recovery
----------- ------ --------
Balkans Real
Estate B.V. LT IDR BB(EXP)Expected Rating
senior
unsecured LT BB(EXP)Expected Rating RR4
MEDIAN BV: GBP250M Bank Debt Trades at 18% Discount
---------------------------------------------------
Participations in a syndicated loan under which Median BV is a
borrower were trading in the secondary market around 81.9
cents-on-the-dollar during the week ended Friday, February 24,
2023, according to Bloomberg's Evaluated Pricing service data.
The GBP250 million facility is a Term loan that is scheduled to
mature on May 16, 2027. The amount is fully drawn and
outstanding.
Median B.V. is the result of the September 2021 private equity-led
merger of Median (Germany) and Priory (UK), two providers of
medical rehabilitation and mental care services in their respective
countries. The Company's country of domicile is the Netherlands.
=========
S P A I N
=========
DURO FELGUERA: EUR85M Bank Debt Trades at 32% Discount
------------------------------------------------------
Participations in a syndicated loan under which Duro Felguera SA is
a borrower were trading in the secondary market around 68
cents-on-the-dollar during the week ended Friday, February 24,
2023, according to Bloomberg's Evaluated Pricing service data.
The EUR85 million facility is a Term loan that is scheduled to
mature on July 27, 2023. The amount is fully drawn and
outstanding.
Duro Felguera, S.A., through its subsidiaries, manufactures
industrial equipment for the mining industry. The Company also
markets and sells control systems for producing steel for machinery
and railroad components. The Company's country of domicile is
Spain.
===========
S W E D E N
===========
FUSILLI HOLDCO: EUR300M Bank Debt Trades at 20% Discount
--------------------------------------------------------
Participations in a syndicated loan under which Fusilli Holdco AB
is a borrower were trading in the secondary market around 79.7
cents-on-the-dollar during the week ended Friday, February 24,
2023, according to Bloomberg's Evaluated Pricing service data.
The EUR300 million facility is a Term loan that is scheduled to
mature on October 12, 2023. The amount is fully drawn and
outstanding.
Fusilli HoldCo AB manufactures HVAC building products. The
Company's country of domicile is Sweden.
===========
T U R K E Y
===========
VB DPR FINANCE: Fitch Gives Final BB+ Rating 2023 Tranches
----------------------------------------------------------
Fitch Ratings has assigned VB DPR Finance Company's 2023 series
final 'BB+' ratings. The Outlooks are Negative. Fitch has also
affirmed the outstanding series.
The ratings address the likelihood of timely payment of interest
and principal.
Entity/Debt Rating Prior
----------- ------ -----
VB DPR Finance
Company
Tranche 2011-A LT BB+ Affirmed BB+
Tranche 2018-A LT BB+ Affirmed BB+
Tranche 2018-D
XS1819494227 LT BB+ Affirmed BB+
Tranche 2018-E
XS1819494656 LT BB+ Affirmed BB+
Tranche 2018-F LT BB+ Affirmed BB+
Tranche 2018-G
XS1888267173 LT BB+ Affirmed BB+
Tranche 2019-A LT BB+ Affirmed BB+
Tranche 2021-A LT BB+ Affirmed BB+
Tranche 2021-B LT BB+ Affirmed BB+
Tranche 2021-D LT BB+ Affirmed BB+
Tranche 2021-E LT BB+ Affirmed BB+
Tranche 2021-F LT BB+ Affirmed BB+
Tranche 2021-G LT BB+ Affirmed BB+
Tranche 2021-H LT BB+ Affirmed BB+
Tranche 2023-A LT BB+ New Rating
Tranche 2023-B LT BB+ New Rating
Tranche 2023-C LT BB+ New Rating
Tranche 2023-D LT BB+ New Rating
Tranche 2023-E LT BB+ New Rating
Tranche 2023-F LT BB+ New Rating
Tranche 2023-G LT BB+ New Rating
TRANSACTION SUMMARY
The programme is a financial future flow securitisation of existing
and future US dollar-, euro-, sterling- and Swiss franc-denominated
diversified payment rights (DPRs) originated by Turkiye Vakiflar
Bankasi T.A.O. (Vakifbank). DPRs can arise for a variety of reasons
including payments due on the export of goods and services, capital
flows, tourism and personal remittances. The programme has been in
existence since 2005.
KEY RATING DRIVERS
Originator Credit Quality: Vakifbank is a state-owned commercial
bank. Its Long-Term Local-Currency Issuer Default Rating (IDR) is
equalised with the sovereign rating at 'B'/Negative. Turkiye's
state-owned commercial banks' foreign-currency (FC) ratings no
longer factor in government support due to high constraints on the
ability of the authorities to provide support in foreign currency.
The local-currency ratings, the starting base for DPR ratings,
continue to factor in state support
Uplift Maintained Despite Larger Programme Size: Fitch has a
going-concern assessment (GCA) of 'GC1' for Vakifbank, reflecting
its importance to the Turkish banking system as the second-largest
bank in the country. The four-notch uplift remains appropriate
despite the increasing size of the VB DPR programme. which
including this USD1.76 billion issue stands at about 6% of total
funding and 24% of total non-deposit funding, placing it among the
largest of Fitch-rated Turkish banks relative to their other
funding sources.
Downside Risks Increased: Fitch sees risks from the challenging
operating environment in Turkiye, which could impact the pricing of
new issuances, refinancing of existing debt and access to long-term
foreign-currency funding sources for banks. Turkiye's overall weak
external liquidity position and high financing needs could make any
bank support more tenuous and puts more strain on programme uplifts
for the sector in general, which is also incorporated in the
Negative Outlooks on the DPR ratings.
Healthy Flows Throughout Pandemic: In recent years, Vakifbank has
increased its market share in various sectors, which contributed to
the growing DPR flows. Despite the short history at increased flow
levels, Fitch analyses the programme based on a forward-looking
view (which considers concentration risk), anticipating flows to
stabilise. The earthquakes in southern and central Turkiye in
February 2023, despite limited information so far, are not expected
to have a significant impact as the affected regions are relatively
weak in terms of export flow and the largest beneficiaries in terms
of the DPR flows have limited presence in these regions.
Diversion Risk Reduced: The transaction's structure, like those of
peers, mitigates certain sovereign risks by keeping DPR flows
offshore until scheduled debt service is paid to investors,
allowing the transaction to be rated above Turkiye's Country
Ceiling. Fitch believes diversion risk is materially reduced by the
acknowledgement agreements signed by designated depository banks.
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
The most significant variables affecting the transaction's ratings
are the originator's credit quality, the GCA score, the DPR flows,
the size of the DPR programme relative to other funding sources and
debt service coverage ratio levels. Fitch would analyse an adverse
change in any of these variables for the impact on the
transaction's ratings.
The originator's and the sovereign's ratings have Negative
Outlooks, which are reflected on the rating of this DPR issuance
(in line with the entire sector). The Outlook also depends on the
increasing share of the DPR debt as a percentage of the originating
bank's overall liability profile, its non-deposit funding and its
long-term funding. These variables will sharply increase as a
result of this issuance and will continue on an upward trend, given
that the DPR maturity profile is generally longer than that of
other funding sources, such as Eurobond and syndicated loans. In
addition, the ratings of The Bank of New York Mellon (BONY;
AA/Stable) as the transaction account bank may constrain the
ratings of DPR debt if BONY was rated below the then ratings of the
DPR debt and no remedial action was taken.
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
Fitch does not currently anticipate developments with a high
likelihood of triggering an upgrade. The main constraint to DPR
notes' ratings is the originator's credit quality and the market
conditions in Turkiye, which is relevant to DPR flows performance.
Increased economic stability could contribute positively to DPR
flow performance and the rating. Fitch will review the DPR notes'
ratings if any of these variables changes, but this will be fed
through our sovereign and bank ratings.
DATA ADEQUACY
VB DPR Finance Company
Fitch has checked the consistency and plausibility of the
information it has received about the performance of the asset pool
and the transaction. Fitch has not reviewed the results of any
third party assessment of the asset portfolio information or
conducted a review of origination files as part of its ongoing
monitoring.
Form ABS Due Diligence-15E was not provided to, or reviewed by,
Fitch in relation to this rating action
Prior to the transaction closing, Fitch did not review the results
of a third party assessment conducted on the asset portfolio
information.
Overall, and together with any assumptions referred to, Fitch's
assessment of the information relied upon for the agency's rating
analysis according to its applicable rating methodologies indicates
that it is adequately reliable
ESG CONSIDERATIONS
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
===========================
U N I T E D K I N G D O M
===========================
2 SISTERS: To Move Ahead with Plans to Halt Operations
------------------------------------------------------
BBC News reports that the closure of a chicken factory that employs
730 people is going ahead, the Welsh government has said.
In January, poultry giant 2 Sisters announced plans to shut its
premises at Llangefni, Anglesey, BBC relates.
According to BBC, the Welsh government has now said the company has
put forward "no viable plans", and is "moving ahead with plans to
cease production".
2 Sisters said it was "exploring every avenue" to help and support
its workforce, BBC notes.
After announcing the closure in January, the firm said it would
speak with employees to explore the options before making final
decisions, BBC relays.
The firm has previously said the factory is old, one of its
smallest sites, and that products could be made more efficiently
elsewhere, BBC notes.
A 2 Sisters review of the site, which it bought in 2013, described
it as "not sustainable" and lacking space to be efficient, despite
GBP5 million being invested there, BBC recounts.
The Welsh government said a task force was meeting once a week to
co-ordinate "as much assistance as possible to support the workers
impacted as a result of the closure", BBC relates.
CINEWORLD: 130 Cinemas Across UK, Ireland at Risk of Closure
------------------------------------------------------------
Kieren Williams and Nisha Mal at WalesOnline report that almost 130
Cineworld cinemas are at risk of closing down across the UK and
Ireland. It comes as the chain fell into administration,
WalesOnline notes.
Last year, the firm filed for bankruptcy in America, following
struggles after Covid, WalesOnline recounts. There recently is a
bleak update on its future as the company struggles to find a
takeover, WalesOnline discloses.
According to WalesOnline, on Friday, February 24, the chain said it
had been approached by potential suitors interested in a takeover.
However none of them were reportedly willing to pay in cash for the
company, WalesOnline relays.
Cineworld may have been hoping for a sale, but it was always seen
as unlikely that it would find someone who was willing to take over
the business and deal with its GBP5 billion pile of debt,
WalesOnline states. So while the business now hopes to come out of
US bankruptcy protection sometime in the first half of this year,
it will likely spell a painful end for its current shareholders,
WalesOnline notes.
On Feb. 24, Cineworld, as cited by WalesOnline, said: "The company
has now received non-binding proposals from a number of potential
transaction counterparties for some or all of the group's business.
None of these proposals involves an all-cash bid for the entire
business."
FASHION COLLECTIONS: Enters Administration Amid Financial Woes
--------------------------------------------------------------
Zoe Hu at Drapers reports that Jeremy Woodside and Frank Ofonagoro
of Quantuma have been appointed as joint administrators of Fashion
Collections International Limited, the wholesale trading company of
Lavish Alice.
The directors of the brand said the move had been made voluntarily,
Drapers relates.
The Manchester-based brand, founded by Matthew Newton and Lee Bloor
in 2013, is available in Selfridges and Harvey Nichols.
According to Drapers, the brand is shifting to an online-only DTC
model as the wholesale arm of the business has grappled with
increasing financial challenges including supply chain issues,
increased freight costs, currency exchange losses, wholesale
cancellations, late delivery charges and squeezed profit margins.
All 20 staff at the business will be unaffected by the move,
Drapers discloses.
MAIN'S HOUSE: Reaches Agreement with NHS to Continue Operations
---------------------------------------------------------------
Gavin Musgrove at Strathspey & Badenoch Herald reports that NHS
Highland and The Highland Council have reached an agreement with
the joint administrator operating Main's House to enable the
service to continue at the care home in Newtonmore.
The company that previously operated Main's House care home went
into administration in March, last year, Strathspey & Badenoch
Herald recounts.
Since then there has been uncertainty over the facility with the
former company's other care home -- Grandview House in Grantown --
closing down a short time after the same operator went to the wall,
Strathspey & Badenoch Herald notes.
The local authority is to purchase the building from the joint
administrator, Grant Thornton UK LLP, and NHS Highland will run the
care home, Strathspey & Badenoch Herald states.
The public agencies have said this will provide 'service stability
to the residents and their relatives and employment stability to
the staff that care for them' when the transfer of ownership takes
place, Strathspey & Badenoch Herald relates.
The decision to acquire Main's House care home follows a
collaborative review by Highland Council and NHS Highland of
available options, including consideration of the facility and the
locality's specific circumstances, Strathspey & Badenoch Herald
discloses.
NHS Highland will work with the administrators and the Care
Inspectorate to establish registration, conclude legal matters and
manage the transfer of staff and assets over the coming weeks,
Strathspey & Badenoch Herald states.
There was widespread shock and concern following the announced
nearly a year ago that the two care homes had been put into
administration, Strathspey & Badenoch Herald relays.
Grandview House closed last summer but there were expressed at the
hopes at the time that a buyer could be found for Main's House,
Strathspey & Badenoch Herald recounts.
The facility has continued to operate through-out, Strathspey &
Badenoch Herald notes.
MARKET BIDCO: EUR709M Bank Debt Trades at 16% Discount
------------------------------------------------------
Participations in a syndicated loan under which Market Bidco Ltd is
a borrower were trading in the secondary market around 84.5
cents-on-the-dollar during the week ended Friday, February 24,
2023, according to Bloomberg's Evaluated Pricing service data.
The EUR709.9 million facility is a Term loan that is scheduled to
mature on November 4, 2027. The amount is fully drawn and
outstanding.
Market Bidco Ltd was an entity formed by funds managed by private
equity company Clayton, Dubilier & Rice, LLP, to acquire
supermarket giant Wm Morrison Supermarkets Plc. The Company's
country of domicile is the United Kingdom.
MICRO FOCUS: Fitch Hikes LongTerm IDR to 'BB+' & Withdraws Ratings
------------------------------------------------------------------
Fitch Ratings has upgraded Micro Focus International plc's (Micro
Focus) and its subsidiaries' - MA FinanceCo, LLC and Seattle
SpinCo, Inc - Long-Term Issuer Default Ratings (IDR) to 'BB+' from
'BB-' and removed them from Rating Watch Positive (RWP). The
Outlook is Negative. Fitch has also subsequently withdrawn the
ratings.
Fitch has also withdrawn the senior secured instrument ratings at
MA FinanceCo, LLC and Seattle SpinCo, Inc.
The rating actions follow the completion of Open Text Corporation's
(Open Text, BB+/Negative) acquisition of Micro Focus on 31 January
2023. The IDRs for Micro Focus and its subsidiaries are now aligned
with its parent, Open Text, based on Fitch's Parent and Subsidiary
Linkage Criteria (PSL). OpenText has repaid all existing debt at
Micro Focus.
The ratings IDR of Micro Focus and its subsidiaries have been
withdrawn for commercial reasons. The senior secured instrument
ratings have been withdrawn as the debt has been repaid. Fitch will
no longer provide ratings or analytical coverage of these
companies.
KEY RATING DRIVERS
Acquisition Completed, Existing Debt Repaid: Open Text has acquired
Micro Focus for a reported USD5.8 billion, equivalent to 6.7x Micro
Focus' trailing 12-month (TTM) company-defined EBITDA. The
acquisition was funded using a combination of USD1 billion of
senior secured notes, a fully drawn USD3.585 billion acquisition
term loan, an USD450 million draw on its revolving credit facility
(RCF) and existing cash. All existing debt at Micro Focus has been
repaid as part of the transaction.
Rating Equalisation on Withdrawal: Fitch sees strong strategic and
operational incentives between Micro Focus and OpenText, which
drives the equalisation of their ratings. Micro Focus is now 100%
owned by Open Text and strategically important to its operations.
Fitch believes the acquisition will enable Open Text to
significantly increase its scale with annualised total revenue of
USD6 billion, in line with the company's 2021 publicly stated goal
of doubling revenue over the next five to seven years. Fitch
expects the acquisition to drive organic growth in the cloud
segments as Open Text transitions Micro Focus' customers to Open
Text's cloud infrastructure.
DERIVATION SUMMARY
No longer applicable
KEY ASSUMPTIONS
No longer applicable.
RATING SENSITIVITIES
No longer applicable.
LIQUIDITY AND DEBT STRUCTURE
All existing debt at Micro Focus has been repaid. No longer
applicable.
PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS
Micro Focus' IDRs are linked to Open Text's.
ESG CONSIDERATIONS
Micro Focus' ESG Relevance Score has been revised to '3' from '4'
following the rating upgrade. Micro Focus's ESG Relevance Score was
at '4' for 'Management Strategy', due to continued deterioration in
operating results following the challenging integration of the HPE
carve-out acquisition. Fitch believes this is no longer affecting
the rating, which is upgraded following the acquisition by Open
Text.
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
Entity/Debt Rating Recovery Prior
----------- ------ -------- -----
Micro Focus
International Plc LT IDR BB+ Upgrade BB-
LT IDR WD Withdrawn BB+
MA FinanceCo.,
LLC LT IDR BB+ Upgrade BB-
LT IDR WD Withdrawn BB+
senior secured LT WD Withdrawn RR1 BB+
Seattle Spinco,
Inc. LT IDR BB+ Upgrade BB-
LT IDR WD Withdrawn BB+
senior secured LT WD Withdrawn RR1 BB+
OSPREY ACQUISITIONS: Fitch Affirms BB+ LongTerm IDR, Outlook Stable
-------------------------------------------------------------------
Fitch Ratings has affirmed Anglian Water Services Financing Plc's
(AWSF) senior secured class A debt rating at 'A-'. AWSF is the
debt-raising vehicle of Anglian Water Services Limited (AWS). Fitch
has simultaneously affirmed the holding company Osprey Acquisitions
Limited's (OAL) Long-Term Issuer Default Rating (IDR) at 'BB+' and
senior secured debt rating at 'BBB-'. All Outlooks are Stable.
The affirmation and Stable Outlook reflect Fitch's expectation that
operating company AWS financial profile will remain commensurate
with the ratings for the five-year price control ending March 2025
(AMP7). Fitch expects AWS to maintain adequate gearing headroom
with improving post-maintenance interest cover ratios (PMICRs) over
AMP7, offsetting weaker average cash and nominal PMICR.
The ratings also consider operational and regulatory performance of
AWS, and the secured nature of the group's financing structure,
which benefits from structural enhancements, including trigger
mechanisms (such as dividend lock-up provisions) and debt service
reserve liquidity.
KEY RATING DRIVERS
IL-Debt Weakens Nominal PMICR: About 50% of AWS's total debt is
inflation-linked (IL), partly through swaps. While IL debt provides
a hedge to regulated capital value (RCV) that grows with inflation
over time, Fitch expects the higher accretion on the IL debt to
contribute to weak nominal PMICR, reflecting overall cost of debt
performance.
Fitch expects AMP7 average nominal PMICRs of 1.5x, below its
negative rating sensitivities of 1.7x, but Fitch forecasts an
improvement in the last two years of AMP7, to 1.7x and 1.8x. The
five-year average reflects two years of weak nominal PMICRs,
following the financial restructuring in financial year ending
March 2022 (FY22) at both AWS and OAL.
Depleted Cash PMICRs Headroom: Fitch expects AMP7 average cash
PMICR of 1.4x, at the same level as the negative rating
sensitivity, but forecasts IL revenues to improve EBITDA,
contributing to stronger cash PMICRs of about 1.8x in FY25.
Gearing Headroom: Fitch expects AWS to maintain gearing headroom,
with net debt to RCV of about 69% by end-AMP7 compared to the
negative rating sensitivity of 72%. In our view, the gearing
headroom, together with year-on-year improvement in PMICRs,
sufficiently offsets weaker average PMICRs.
Neutral Totex Performance: Fitch assumes no totex out- or
under-performance for AMP7, despite high inflationary pressures. We
expect AWS to benefit from energy hedging, early contracting,
innovation and its long-standing record of delivering cost
efficiencies, together with its ongoing cost-transformation
programme. AWS also performed within Ofwat's totex allowance in the
first two years of AMP7.
Net ODI Penalties Assumed: Fitch's rating case expects revenue to
decrease by about GBP4.7 million in FY23-FY25 (nominal, cash terms)
due to the two-year regulatory lag between performance and revenue
adjustment. Its assumption of net outcome delivery incentives (ODI)
penalties relates to operational performance in AMP7, including
customer measure of experience (C-Mex), developer measure of
experience (D-Mex), pollution incidents, flooding and mains
bursts.
Standalone Assessment under PSL: Fitch rates AWS on a standalone
basis, and views legal ring-fencing under its Parent and Subsidiary
Linkage (PSL) Rating Criteria as 'insulated'. This also reflects a
well-defined contractual framework, with a lock-up covenant at 75%
net debt to RCV, designed to support AWS's financial profile. Fitch
views access and control as overall 'porous' as AWS operates with
separate cash management and all non-equity funding external.
Limited Rating Headroom for OAL: Fitch expects limited gearing
headroom for OAL, with average cash and nominal PMICRs below the
negative rating sensitivities. OAL's Stable Outlook is supported by
year-on-year improvement in PMICRs - especially at the end of AMP7
- and strong dividend cover capacity at 5.1x, comfortably above the
positive sensitivity of 4.0x.
OAL Debt Rating Uplift: The OAL senior secured debt rating reflects
our generic above-average sector recovery assumption, despite the
structurally superior debt at AWS, and negative marked-to-market
super-senior swap liabilities of GBP379 million at end-September
2022. These liabilities depend on the level of interest rates and
could increase in the future, reducing the recovery value for OAL's
creditors in a default.
DERIVATION SUMMARY
AWS's senior secured 'A-'/Stable rating reflects the highly geared
nature of the company's secured covenanted structure, with gearing
of 69% at end of AMP7 compared to peer United Utilities Water
Limited's (BBB+/Stable; senior unsecured debt: A-) lower gearing of
around 63.2%, and its standard corporate structure. AWS's financing
structure benefits from structural enhancements, including trigger
mechanisms (such as dividend lock-up provisions tied to financial,
positive and negative covenants) and debt service reserve
liquidity.
KEY ASSUMPTIONS
Fitch's Key Assumptions within its Rating Case for the Issuer:
- Ofwat's FD financial model used as the main information source,
updated for CMA FRD
- Allowed wholesale WACC of 3.12% (CPIH-based) in real terms,
excluding retail margins
- 50% of the RCV is RPI-linked and another 50% plus capital
additions is CPIH-linked
- RPI of about 10.5% in FY23, gradually decreasing to about 3.4% by
FY25
- CPIH of about 8.2% in FY23, gradually decreasing to about 2.4% by
FY25
- Allowed totex of GBP6 billion in nominal terms (net of grant and
contributions)
- Neutral totex assumed during AMP7
- GBP4.7 million ODI penalties in AMP7 (nominal, cash terms)
- Nominal cost of debt for AWS increasing to 7.3% in FY23, but
gradually decreasing to 4.4% in FY25
- Cash cost of debt for AWS on an average at 3% for AMP7 with cash
cost of new debt at 4%
- Cash cost of debt for OAL increasing to 3.5% in FY25 (no IL
debt), cost of new debt of about 6%
- Dividends of GBP451 million paid by AWS over AMP7
- Dividends of GBP368 million paid by OAL over AMP7
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
AWS
- Class A debt forecast gearing below 67%, cash PMICR above 1.6x
and nominal PMICR above 1.8x on a sustained basis
OAL
- Net adjusted gearing below 74%, average cash PMICR above 1.4x,
and average nominal PMICR above 1.6x, and dividend cover capacity
increases above 4.0x on a sustained basis
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
AWS
- Class A debt forecast gearing above 72%, cash PMICR below 1.4x
and nominal PMICR below 1.7x
OAL
- Net adjusted gearing above 79%, average cash PMICR below 1.3x,
average nominal PMICR below 1.5x and dividend cover capacity
decreases below 3.5x on a sustained basis
- Operational underperformance at AWS leading to lower headroom
under its dividend lock-up covenants
LIQUIDITY AND DEBT STRUCTURE
AWS
Sufficient Liquidity: As of FYE22, AWS had GBP831 million in cash
and cash equivalents (after restricted cash of GBP40 million). In
addition, AWS has access to GBP600 million of committed undrawn
facilities. Fitch expects sufficient liquidity over next 12 months
to support debt maturities and negative free cash flow of around
GBP321 million. In addition, AWS benefits debt service reserve
liquidity.
OAL
Manageable Liquidity: As of FYE22, OAL had GBP109 million in
unrestricted cash and a GBP250 million undrawn revolving credit
bank facility maturing in FY24. The next large maturity is a GBP210
million 5% fixed-rate bond due in April 2023, with refinancing in
place. OAL is fully reliant on dividends from AWS for its cash
flows, including for debt service and head office operational
costs.
ISSUER PROFILE
AWS is one of the ten regulated monopoly water and waste water
companies supplying water and water recycling services to about 6.4
million residential customers and about 0.2 million business
customers in the east of England and Hartlepool. AWS's shadow RCV
is around GBP8.8 billion as of 31 March 2022, with network,
consisting of around 39,000 kilometres of potable water mains and
76,000 kilometres of sewer pipes, supplies and transports water and
wastewater across some 27,500 square kilometres. OAL is a holding
company of AWS. Anglian Water (Osprey) Financing is the financing
vehicle for OAL.
SUMMARY OF FINANCIAL ADJUSTMENTS
- Capitalised interest added back to P&L and cash interest
- Statutory total debt and cash interest reconciled with AWS's and
OAL's investor reports
- Capex and EBITDA net of grants and contributions
- PMICRs adjusted to include 50% of the accretion charge on
index-linked swaps with five-year pay-down, and 100% of the
accretion charge on indexed-linked swaps with less than five-year
pay-down
ESG CONSIDERATIONS
OAL's ESG Relevance Score for EWT Water & Wastewater Management is
revised to 3 from '4[+]'. Fitch expects net ODI penalties of about
GBP4.7 million (nominal, cash terms) compared to its previous
expectation of GBP30 million (nominal, cash terms) for AMP7. Thus,
this driver is now neutral to the rating.
OAL has an ESG Relevance Score of '4' for GST Group Structure as
its debt is structurally and contractually subordinated to AWS's
debt, which has a negative impact on the credit profile, and is
relevant to the ratings in conjunction with other factors.
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
Entity/Debt Rating Prior
----------- ------ -----
Anglian Water
(Osprey)
Financing Plc
senior secured LT BBB- Affirmed BBB-
Anglian Water
Services
Financing Plc
senior secured LT A- Affirmed A-
Osprey Acquisitions
Limited LT IDR BB+ Affirmed BB+
senior secured LT BBB- Affirmed BBB-
PHARMANOVIA BIDCO: Fitch Affirms 'B+' LongTerm IDR, Outlook Stable
------------------------------------------------------------------
Fitch Ratings has affirmed Pharmanovia Bidco Limited's
(Pharmanovia, formerly known as Atnahs) Long-Term Issuer Default
Rating (IDR) at 'B+' with a Stable Outlook. Fitch has also upgraded
Pharmanovia's senior secured debt to 'BB-'/RR3 from 'B+'/RR4.
Pharmanovia's 'B+' IDR balances its limited scale and
diversification as well as moderate leverage with strong
profitability and cash generation. The Stable Outlook reflects its
expectation that Pharmanovia will maintain its disciplined approach
to M&A aimed at strengthening defined strategic treatment areas,
with a consistent EBITDA leverage of 4.0x through to the financial
year ending March 2026 (FY26).
KEY RATING DRIVERS
Expected Stable Profitability: Fitch anticipates that the company's
greater focus on selective therapeutic areas supported by dedicated
marketing capabilities will lead to Fitch-defined EBITDA margin
remaining strong at 45% through to FY26. Although the decision to
bring some marketing and distribution functions in-house and
inflation have weighed on profitability, higher-margin product
acquisitions and successful new market expansions should allow the
company to absorb cost increases.
Strong Free Cash Flow (FCF): The 'B+' IDR remains anchored around
Pharmanovia's strong free cash flow (FCF), which Fitch forecasts at
about 15% of revenue. This is below its previous estimate due to
milestone contingent payments to the Patel family and Roche for
acquiring commercial rights of Rocatrol in China.
Nevertheless, Fitch views Pharmanovia's strong internal liquidity
as positive for its credit profile, as it allows the company to
self-fund much of its growth to sustain operating cash flow as well
as maintain adequate financial flexibility. Fitch expects FCF to be
reinvested in product additions and portfolio expansion, rather
than towards debt prepayment or distribution to shareholders.
Moderate Financial Leverage: Fitch anticipates EBITDA leverage to
improve towards 4.0x in FY23 on strong performance recovery and IP
drug acquisitions. The leverage level is moderate compared with
industry peers and counterbalances the company's smaller size and
more concentrated product portfolio.
Execution Risks Remain: Pharmanovia is pivoting towards organic
growth, driven by its efforts in product redevelopment and new
market launches. Phamanovia has started gaining momentum
post-Covid-19 and is yet to prove its capability to grow
organically on a sustained basis. Therefore, Fitch conservatively
expects a moderate decline of its established off-patent drug
portfolio, subject to active life-cycle management.
Although some functions brought in-house, such as marketing and
distribution have broadened execution risks compared with
outsourcing, Fitch believes this enables management to have greater
control over sales, and has created an adequate platform to support
growth, which is reflected in the Stable Outlook. The business
model is also supported by inorganic growth, where exercising the
same level of discipline previously shown when targeting product
acquisitions will be key to maintaining the company's credit
profile.
Constrained by Scale: Pharmanovia remains small, despite recent
product additions. Until the business materially gains scale (e.g.
sales above GBP1 billion), Fitch does not expect an upgrade over
the rating horizon to FY26, even if leverage is reduced. Fitch also
views the company's narrow product portfolio as a rating
constraint, although Fitch expects this to improve as it continues
to grow through medium-sized to large acquisitions.
DERIVATION SUMMARY
Fitch rates Pharmanovia based on, and conducts peer analysis using,
its global navigator framework for innovative pharmaceutical
companies. Fitch considers Pharmanovia's 'B+' rating against other
asset-light scalable niche pharmaceutical companies such as
Cheplapharm Arzneimittel GmbH (B+/Stable), ADVANZ PHARMA HoldCo
Limited (B/Stable) and Nidda Bondco GmbH (STADA, B/Negative).
Lack of business scale and a concentrated brand portfolio, albeit
benefiting from growing product and wide geographic diversification
within each brand, constrain the IDR to the 'B' rating category.
Pharmanovia and Cheplapharm traditionally have had almost equally
high and stable operating and cash flow margins. Both companies
have been operating an asset-light business model. However,
Cheplapharm has greater rating headroom derived from its robust
operating performance, combined with stronger liquidity and
moderate financial risk.
The difference with lower-rated ADVANZ PHARMA is mainly due to the
latter's refocused strategy to actively develop and market targeted
specialist generic drugs, driving overall weaker profitability and
cash flow generation.
Compared with STADA, Pharmanovia has a weaker business risk profile
due to its significantly smaller size and scale, which is however
compensated by a less aggressive financial policy.
KEY ASSUMPTIONS
Fitch's Key Assumptions Within Its Rating Case for the Issuer
- Sales of existing branded legacy portfolio to decline around
3%-4% to FY26
- M&As of product IPs and commercial infrastructure assets at
around GBP50 million-GBP70 million per year during FY24-FY26
(funded with internally-generated FCF), with targets acquired at an
enterprise value (EV)/EBITDA of 3.5x, as assumed by Fitch
- EBITDA margin stable at around 45% through to FY26
- Trade working-capital outflow of GBP10 million-GBP35 million
through to FY26
- Maintenance capex at 2%-3% of revenue each year to FY26
- No dividend payments.
KEY RECOVERY RATING ASSUMPTIONS
Pharmanovia's recovery analysis is based on a going-concern (GC)
approach, reflecting the company's asset-light business model
supporting higher realisable values in a distressed scenario
compared with balance-sheet liquidation. Potential distress could
arise primarily from material revenue contraction following volume
losses and price pressure given Pharmanovia's exposure to generic
pharmaceutical competition, possibly also in combination with an
inability to manage the cost base of a rapidly growing business.
Fitch estimates a post-restructuring GC EBITDA at about GBP100
million (GBP67 million previously). This post-restructuring GC
EBITDA reflects organic earnings post-distress and implementation
of possible corrective measures. The updated GC EBITDA also
considers annualised contributions from acquisitions closed in 2022
(e.g. Rocatrol China, Leustatin).
Fitch continues to apply a 5.0x distressed EV/EBITDA multiple in
line with Pharmanovia'a estimated threshold for drug acquisitions,
which would appropriately reflect the company's minimum valuation
multiple before considering value added through portfolio and brand
management.
After deducting 10% for administrative claims, its principal
waterfall analysis generated a recovery rating of 'RR3' for the
all-senior secured capital structure, comprising the senior secured
term loan B (TLB) of EUR672 million and the upsized revolving
credit facility (RCF) of about EUR173 million, which Fitch assumes
to be fully-drawn prior to distress, and ranking equally among
themselves. This indicates a 'BB-'/'RR3' instrument rating for the
senior secured debt with an output percentage based on current
metrics and assumptions at 63% (previously 'B+'/'RR4'/46%).
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
- Fitch does not envisage an upgrade to the 'BB' rating category in
the medium term until Pharmanovia reaches a more sector-critical
size with revenue in excess of GBP1 billion, combined with
conservative EBITDA leverage at or below 4.0x and FCF remaining
strong
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
- Unsuccessful management of individual pharmaceutical IP rights
leading to permanent material loss of revenue and EBITDA, with
EBITDA margins trending towards 40%
- EBITDA leverage above 5.5x on a sustained basis, signalling a
more aggressive financial policy, departure from current
acquisition principles or operational challenges
- FCF margin is below 10% on a sustained basis
- EBITDA interest coverage below 3.0x on a sustained basis
LIQUIDITY AND DEBT STRUCTURE
Comfortable Liquidity: Fitch forecasts cash on balance sheet to be
around GBP31 million in March 2023. Combined with about an EUR103
million unutilised RCF (EUR70 million drawn as of 31 January 2023)
and consistently positive FCF generation, this leads to comfortable
liquidity. Pharmanovia also benefits from long-dated maturities,
albeit concentrated with an EUR672 million TLB maturing in August
2026.
ISSUER PROFILE
Pharmanovia is a UK-based specialty pharma focused on acquiring and
managing branded off-patent drugs. Main therapeutic areas are
cardiovascular, endocrinology, neurology and oncology.
ESG CONSIDERATIONS
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
Entity/Debt Rating Recovery Prior
----------- ------ -------- -----
Pharmanovia
Bidco Limited LT IDR B+ Affirmed B+
senior secured LT BB- Upgrade RR3 B+
PROVIDENT FINANCIAL: Fitch Affirms BB LongTerm IDR, Outlook Stable
------------------------------------------------------------------
Fitch Ratings has affirmed Provident Financial plc's Long-Term
Issuer Default Rating (IDR) and senior unsecured long-term debt
rating at 'BB'. The Outlook on the IDR is Stable.
KEY RATING DRIVERS
Limited Franchise; Capital Cushion: Provident's ratings are
underpinned by adequate headroom above regulatory capital
requirements, a well-established but narrow franchise in consumer
and auto lending to the UK's underbanked population and absence of
double leverage at the holding company. Good funding access, a
comfortable liquidity position and wide operational margins also
support the ratings.
The ratings also reflect Fitch's view that Provident's business
model is concentrated by income sources and geography and relies on
non-prime lending, volatile asset quality and weak albeit improving
profitability.
Good Capitalisation; Limited Scale: Provident's capitalisation (at
both group and Vanquis Bank level) is a rating strength, together
with a good liquidity profile and proven access to retail deposits,
although the latter are price-sensitive, and diversified wholesale
funding sources. The ratings also reflect the group's moderate
scale (compared with higher-rated non-bank lenders and UK
challenger bank peers), inherently high credit impairments and
ongoing (albeit declining) exposure to regulatory developments in
the UK non-standard credit markets.
Changes in Strategy: Having wound down its home credit operations,
Provident intends to focus on two core products, credit cards
(booked at Vanquis Bank) and auto loans (Moneybarn). The company
also plans to develop a personal loan product (Vanquis). Fitch
notes the heightened execution risk on this product and updated
strategy.
Performance Stabilises: Despite increasing in 1H22, credit
provisioning remained below its longer-term expectation, amounting
to modest 2.3% of net loans yet consuming a high 43% of operational
profit (27% in 2021). Fitch expects credit provisions to increase
further in 2H22 and 2023, weighing on profitability. Fitch expects
an increase in funding costs but this should be partially offset by
a continuing shift from wholesale funding towards cheaper retail
deposits.
Scale Constrains Recovery: Fitch expects Provident to accelerate
growth in all business segments in 2023 to address its currently
modest efficiency. With currently strong net interest margins (26%
in 1H22 or 21% adjusted for provisioning) this would support profit
generation.
Healthy Capital Headroom: Fitch considers Provident group's
headroom relative to minimum regulatory capital requirement as
comfortable with GBP186 million common equity Tier 1 capital at
end-1H22. This was helped by a flat loan portfolio and the
transitional rules for IFRS9. Provident's regulatory capital
requirement is high, particularly compared with UK high street
banks. While Fitch expects management to continue to maintain
adequate headroom above requirements for capital, leverage will
increase as loan book growth picks up.
Wholesale Funding Remains High: Provident's funding base includes
retail deposits (at Vanquis Bank) as well as various wholesale
funding sources. The group has material wholesale repayment needs:
GBP250 million in 2023 and GBP189 million in 2024. The sizeable
liquidity cushion (headroom vs. regulatory liquidity requirement
amounted to GBP 331 million at end-1H22) mitigates refinancing
risk. Provident has a sound record of accessing a variety of
funding sources including in challenging market condition. Retail
deposits at Vanquis Bank provide further stability for Provident's
funding mix, particularly after the Prudential Regulation
Authority's recent approval of the Core UK Group Waiver improving
fungibility of Vanquis's deposits on a group level.
RATING SENSITIVITIES
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
A reduction in regulatory capital headroom to below GBP50 million
or a weakening in the quality of capital would put pressure on
ratings.
The ratings would also come under pressure if Provident's business
model shows signs of inefficiency, which could be reflected in the
inability to restore a comfortable operational profitability either
due to lack of scale or because of higher credit losses.
A deterioration of the liquidity profile with a reduction of
unrestricted liquidity or a notably weaker funding access would
result in a downgrade.
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
Upside for the ratings is limited and would require gaining
business scale and revenue diversification by business lines,
accompanied by a strong and sustainable rebound in operational
profitability.
DEBT AND OTHER INSTRUMENT RATINGS: KEY RATING DRIVERS
Debt Ratings: Provident's senior unsecured notes are rated in line
with the group's Long-Term IDR, reflecting Fitch's expectation of
average recovery prospects.
The Tier 2 notes' rating is two notches below Provident's Long-Term
IDR, reflecting poor recovery prospects in the event of a failure
of Provident, in line with Fitch's base-case notching for Tier 2
debt. Fitch has not applied additional notching as the issue terms
do not contain features that give rise to incremental
non-performance risk.
DEBT AND OTHER INSTRUMENT RATINGS: RATING SENSITIVITIES
The senior unsecured debt and Tier 2 notes ratings are principally
sensitive to a change in Provident's Long-Term IDR and material
changes to Fitch's recovery expectations for the bonds.
Factors that could, individually or collectively, lead to negative
rating action/downgrade:
The group's senior debt could be downgraded if the layer of senior
group debt plus junior debt plus excess capital (outside the bank)
decreases notably against structurally preferred retail deposit
funding.
Factors that could, individually or collectively, lead to positive
rating action/upgrade:
An upgrade of Provident's Long-Term IDR would result in an upgrade
of the unsecured debt and Tier 2 notes' ratings.
ESG CONSIDERATIONS
Provident has an ESG Relevance Score of '4' for Exposure to Social
Impacts and Customer Welfare stemming from a business model focused
on non-prime and sub-prime consumer lending. This exposes the group
to shifts of consumer or social preferences and to increasing
regulatory scrutiny, in particular on loans to low-income
individuals. This has a moderately negative influence on the
pricing strategy, product mix, and targeted customer base.
Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or the way in which they are being
managed by the entity.
Entity/Debt Rating Prior
----------- ------ -----
Provident
Financial Plc LT IDR BB Affirmed BB
senior
unsecured LT BB Affirmed BB
subordinated LT B+ Affirmed B+
RIDE-ON SCOTLAND: Assets Put Up for Sale Following Liquidation
--------------------------------------------------------------
Business Sale reports that the business and assets of an e-bike
hire company which had operations in Dundee and Leicester are being
marketed for sale after it appointed liquidators.
Ride-on Scotland suffered from a lack of investment, which resulted
in unsustainable working capital and cash flow issues, and has now
appointed FRP Advisory's Callum Carmichael and Stuart Robb as joint
provisional liquidators, Business Sale relates.
However, impacted by a lack of investment, the company's Dundee
operations were suspended in November 2022, followed by the
Leicester business earlier this month, Business Sale discloses.
The company has now ceased trading in both cities, with all
employees made redundant, Business Sale notes.
According to Business Sale, the joint provisional liquidators will
now market the business and its assets, including the entire e-bike
fleet and infrastructure, for sale. In Ride-on Scotland's accounts
for the year ending March 31 2022, its fixed assets were valued at
GBP778,446 and current assets at GBP464,922, Business Sale states.
However, the company's net liabilities at the time amounted to
around GBP2.48 million, Business Sale relays.
"Ride-on Scotland had created a sophisticated and customer-focused
e-bike hire business that had attracted a substantial membership
base and growing interest from city councils across the UK,"
Business Sale quotes FRP Advisory's Callum Carmichael as saying.
"However, the business has been severely impacted by a shortfall in
investment leading to unsustainable cash flow problems."
"We will shortly be selling a modern fleet of urban hire e-bikes
and infrastructure that would appeal to an existing operator or an
entrepreneur looking to enter the growing urban e-bike hire
market."
TOLENT: Newcastle City Council to Assess Options Over Projects
--------------------------------------------------------------
BBC News reports that Newcastle City Council says it will "assess
its options" over prominent building projects left in limbo by the
collapse of construction firm Tolent.
The Gateshead-based company went into administration earlier this
month with more than 300 jobs lost, BBC recounts.
Its projects in Newcastle included the revamp of Central Station
and the nearby Pattern Shop, as well as new housing in West Denton,
BBC discloses.
The council said it would "endeavour to keep disruption to a
minimum", BBC relates.
Tolent, based at Team Valley with offices in Shotton Colliery,
County Durham, Stockton and Leeds, had been working on developments
including the GBP85.5 million Milburngate in Durham, which
administrators called "significantly loss-making", BBC notes.
The next phase of the Central Station project in Newcastle is set
to include two new entrances and the building of a new concourse,
while the Pattern Shop, once part of Robert Stephenson's steam
locomotive works, is to become an office space, according to BBC.
===============
X X X X X X X X
===============
[*] BOND PRICING: For the Week February 20 to February 24, 2023
---------------------------------------------------------------
Issuer Coupon Maturity Currency Price
------ ------ -------- ------- -----
B2W Digital Lux Sarl 4.3750 12/20/2030 USD 15.030
Atento Luxco 1 SA 8.0000 2/10/2026 USD 27.067
JSM Global Sarl 4.7500 10/20/2030 USD 16.365
Republic of Austria 0.8500 6/30/2120 EUR 41.637
Vedanta Resources Lt 6.1250 8/9/2024 USD 72.239
Mitsubishi UFJ Inves 6.3980 12/15/2050 EUR 49.002
Gol Finance SA 7.0000 1/31/2025 USD 48.300
Cimpress PLC 7.0000 6/15/2026 USD 70.708
Tullow Oil PLC 7.0000 3/1/2025 USD 71.653
United Kingdom Gilt 0.5000 10/22/2061 GBP 36.040
Orpea SA 2.6250 3/10/2025 EUR 27.523
Movida Europe SA 5.2500 2/8/2031 USD 68.252
Grand City Propertie 1.5000 EUR 51.725
Casino Guichard Perr 3.9920 EUR 22.334
Heimstaden AB 6.7500 EUR 53.465
Simpar Europe SA 5.2000 1/26/2031 USD 68.890
Aroundtown SA 1.6250 EUR 39.623
DIC Asset AG 2.2500 9/22/2026 EUR 71.894
Orpea SA 2.0000 4/1/2028 EUR 26.985
ATF Netherlands BV 7.0780 EUR 60.504
Russian Railways Via 2.1000 10/2/2023 CHF 64.330
Casino Guichard Perr 3.6370 EUR 18.875
Citycon Oyj 4.4960 EUR 60.801
Castellum AB 3.1250 EUR 71.835
Gol Finance SA 8.0000 6/30/2026 USD 57.304
AT Securities BV 5.2500 USD 56.000
French Republic Gove 0.5000 5/25/2072 EUR 39.015
Korian SA 1.8750 EUR 28.971
Aroundtown SA 2.1250 EUR 41.999
ADLER Group SA 2.2500 1/14/2029 EUR 42.537
Republic of Belarus 6.8750 2/28/2023 USD 37.653
Orpea SA 0.3750 5/17/2027 EUR 39.650
CECONOMY AG 1.7500 6/24/2026 EUR 68.824
Credit Suisse Group 4.5000 USD 66.350
Heimstaden AB 4.3750 3/6/2027 EUR 72.013
EnfraGen Energia Sur 5.3750 12/30/2030 USD 70.926
Gazprom PJSC via Gaz 3.8970 EUR 56.086
Trinseo Materials Op 5.1250 4/1/2029 USD 70.993
Heimstaden Bostad AB 3.6250 EUR 61.344
United Kingdom Gilt 0.6250 7/31/2035 GBP 69.922
Heimstaden Bostad AB 2.6250 EUR 61.726
Audax Renovables SA 4.2000 12/18/2027 EUR 59.394
VEON Holdings BV 3.3750 11/25/2027 USD 72.250
Foodco Bondco SA 6.2500 5/15/2026 EUR 40.300
Schoeller Packaging 6.3750 11/1/2024 EUR 67.294
Casino Guichard Perr 6.6250 1/15/2026 EUR 65.421
Korian SA 0.8750 3/6/2027 EUR 43.650
Carnival PLC 1.0000 10/28/2029 EUR 51.823
Russian Railways Via 2.2000 5/23/2027 EUR 55.671
B2W Digital Lux Sarl 4.3750 12/20/2030 USD 15.000
Banco Santander SA 3.6250 EUR 73.946
Gazprom PJSC Via Gaz 2.5000 3/21/2026 EUR 73.837
Ubisoft Entertainmen 0.8780 11/24/2027 EUR 74.604
Teva Pharmaceutical 4.1000 10/1/2046 USD 66.109
Casino Guichard Perr 5.2500 4/15/2027 EUR 63.125
Romanian Government 1.7500 7/13/2030 EUR 73.878
Metro Bank PLC 5.5000 6/26/2028 GBP 69.269
Credit Suisse Group 5.1000 USD 69.311
Rothschild & Co Cont 4.4375 USD 68.113
Gazprom PJSC Via Gaz 2.9490 1/24/2024 EUR 74.467
CTP NV 1.5000 9/27/2031 EUR 71.670
Air Baltic Corp AS 6.7500 7/30/2024 EUR 72.537
Idorsia Ltd 2.1250 8/4/2028 CHF 66.003
CPI Property Group S 1.7500 1/14/2030 EUR 64.790
Metalcorp Group SA 8.5000 6/28/2026 EUR 37.470
Samhallsbyggnadsbola 2.6240 EUR 41.266
Aroundtown SA 2.8750 EUR 47.629
Grand City Propertie 2.5000 EUR 57.455
Aroundtown SA 4.7500 GBP 53.074
MorphoSys AG 0.6250 10/16/2025 EUR 57.941
Kenbourne Invest SA 4.7000 1/22/2028 USD 71.684
Romanian Government 2.0000 1/28/2032 EUR 71.142
Gazprom PJSC via Gaz 3.0000 6/29/2027 USD 69.554
Hidrovias Internatio 4.9500 2/8/2031 USD 74.402
Serbia International 1.6500 3/3/2033 EUR 64.795
Credit Suisse Group 0.6250 1/18/2033 EUR 61.380
Citycon Oyj 3.6250 EUR 53.249
VTR Finance NV 6.3750 7/15/2028 USD 39.632
Gazprom PJSC Via Gaz 2.2500 11/22/2024 EUR 73.661
NAK Naftogaz Ukraine 7.1250 7/19/2024 EUR 20.347
Altice France Holdin 6.0000 2/15/2028 USD 69.754
Constellation Automo 4.8750 7/15/2027 GBP 71.688
Gazprom PJSC via Gaz 1.5000 2/17/2027 EUR 67.798
Aroundtown SA 3.3750 EUR 54.994
DNB Bank ASA 4.9849 USD 70.695
GOL Equity Finance S 3.7500 7/15/2024 USD 49.750
Signa Development Fi 5.5000 7/23/2026 EUR 74.775
Gazprom PJSC Via Gaz 4.3640 3/21/2025 EUR 74.937
Air France-KLM 0.1250 3/25/2026 EUR 16.731
Ukraine Government I 7.2530 3/15/2035 USD 18.467
Heimstaden AB 4.2500 3/9/2026 EUR 74.514
Aroundtown SA 0.3750 4/15/2027 EUR 74.519
Nobel Bidco BV 3.1250 6/15/2028 EUR 71.822
NAK Naftogaz Ukraine 7.6250 11/8/2026 USD 19.182
Accor SA 0.7000 12/7/2027 EUR 45.033
Heimstaden AB 8.7180 SEK 70.833
ams-OSRAM AG 2.1250 11/3/2027 EUR 73.058
Dignity Finance PLC 4.6956 12/31/2049 GBP 66.500
Rallye SA 4.3710 2/28/2032 EUR 4.020
Romanian Government 2.7500 4/14/2041 EUR 59.666
Union Fenosa Prefere 3.8520 EUR 68.875
Oscar Properties Hol 9.9990 7/5/2024 SEK 48.067
Serbia International 2.0500 9/23/2036 EUR 59.876
Rothschild & Co Cont 3.1100 EUR 68.012
Ukreximbank Via Biz 9.7500 1/22/2025 USD 39.075
Italy Buoni Polienna 1.5000 4/30/2045 EUR 60.958
Imperial Brands Fina 1.7500 3/18/2033 EUR 72.380
Balder Finland Oyj 2.0000 1/18/2031 EUR 70.078
Gazprom PJSC via Gaz 2.9500 1/27/2029 USD 67.905
Fuerstenberg Capital 5.6250 EUR 81.397
Casino Guichard Perr 4.0480 8/5/2026 EUR 63.353
EP Infrastructure AS 2.0450 10/9/2028 EUR 74.348
Hungary Government I 3.1250 9/21/2051 USD 62.115
Pro-Gest SpA 3.2500 12/15/2024 EUR 73.563
Hungary Government I 1.7500 6/5/2035 EUR 70.103
Castle UK Finco PLC 7.0000 5/15/2029 GBP 75.696
Canary Wharf Group I 3.3750 4/23/2028 GBP 74.218
Ukraine Government I 4.3750 1/27/2032 EUR 17.359
French Republic Gove 1.7500 5/25/2066 EUR 70.164
Aragvi Finance Inter 8.4500 4/29/2026 USD 72.984
Atos SE 1.0000 11/12/2029 EUR 68.273
Balder Finland Oyj 1.0000 1/20/2029 EUR 71.357
Gazprom PJSC Via Gaz 5.1500 2/11/2026 USD 74.452
Russian Railways Via 0.8980 10/3/2025 CHF 51.502
Ideal Standard Inter 6.3750 7/30/2026 EUR 50.053
Russian Railways Via 3.1250 CHF 14.300
La Banque Postale SA 3.0000 EUR 73.530
Korian SA 2.2500 10/15/2028 EUR 68.853
Kleopatra Holdings 2 6.5000 9/1/2026 EUR 55.750
Frigoglass Finance B 6.8750 2/12/2025 EUR 28.260
Rallye SA 4.0000 2/28/2032 EUR 2.922
Ukraine Railways Via 8.2500 7/9/2026 USD 21.340
CPI Property Group S 4.8750 EUR 47.776
Castellum Helsinki F 0.8750 9/17/2029 EUR 70.367
Romanian Government 4.0000 2/14/2051 USD 69.798
DNB Bank ASA 3.7164 USD 71.040
Eustream AS 1.6250 6/25/2027 EUR 71.790
JSM Global Sarl 4.7500 10/20/2030 USD 16.105
Ukraine Government I 6.7500 6/20/2028 EUR 17.818
NE Property BV 2.0000 1/20/2030 EUR 72.567
Grupo Antolin-Irausa 3.5000 4/30/2028 EUR 73.649
Liquid Telecommunica 5.5000 9/4/2026 USD 74.073
A2A SpA 1.0000 11/2/2033 EUR 73.114
Gazprom PJSC Via Gaz 4.9500 3/23/2027 USD 71.000
La Financiere Atalia 5.1250 5/15/2025 EUR 67.298
Romanian Government 2.0000 4/14/2033 EUR 68.572
DEMIRE Deutsche Mitt 1.8750 10/15/2024 EUR 74.230
Aroundtown SA 1.4500 7/9/2028 EUR 70.818
Development Bank of 6.7500 5/2/2024 USD 39.667
United Kingdom Gilt 1.1250 10/22/2073 GBP 44.180
SBB Treasury Oyj 0.7500 12/14/2028 EUR 67.533
Rothesay Life PLC 5.0000 GBP 73.478
Republic of Italy Go 3.8750 5/6/2051 USD 70.756
Croatia Government I 1.7500 3/4/2041 EUR 70.333
TotalEnergies SE 2.1250 EUR 74.453
Ukraine Government I 7.7500 9/1/2024 USD 23.923
Bellis Finco PLC 4.0000 2/16/2027 GBP 72.970
Romanian Government 2.6250 12/2/2040 EUR 59.235
DDM Debt AB 9.0000 4/19/2026 EUR 61.840
Electricite de Franc 2.0000 12/9/2049 EUR 61.811
Russian Railways Via 0.8400 3/12/2026 CHF 52.194
Gazprom PJSC via Gaz 4.5985 USD 55.000
Hacienda Investments 5.3500 2/8/2028 USD 43.854
Prosus NV 3.8320 2/8/2051 USD 63.023
VIC Properties SA 3.0000 5/28/2025 EUR 60.000
MHP Lux SA 6.9500 4/3/2026 USD 48.471
Grand City Propertie 6.3320 EUR 69.489
Abengoa Abenewco 2 S 1.5000 10/26/2024 EUR 0.311
Atento Luxco 1 SA 8.0000 2/10/2026 USD 27.038
Intermediate Capital 2.5000 1/28/2030 EUR 71.270
Enel SpA 1.8750 EUR 73.806
Allianz SE 2.6000 EUR 71.981
Diebold Nixdorf Dutc 9.0000 7/15/2025 EUR 65.066
Gazprom PJSC via Gaz 3.5000 7/14/2031 USD 65.076
Gazprom PJSC via Gaz 2.9500 4/15/2025 EUR 71.593
Romanian Government 2.1240 7/16/2031 EUR 72.946
Gazprom PJSC via Gaz 3.2500 2/25/2030 USD 72.000
Gazprom PJSC Via Gaz 4.2500 4/6/2024 GBP 70.415
Mime Petroleum AS 10.2500 11/10/2026 USD 71.455
gategroup Finance Lu 3.0000 2/28/2027 CHF 66.334
Hacienda Investments 5.0750 2/15/2023 USD 49.262
United Kingdom Gilt 0.8750 1/31/2046 GBP 54.738
DNB Bank ASA 3.6914 USD 71.052
Russian Foreign Bond 5.6250 4/4/2042 USD 63.500
Vonovia SE 1.6250 9/1/2051 EUR 54.454
Samhallsbyggnadsbola 2.8750 EUR 40.743
RWE AG 1.0000 11/26/2033 EUR 73.845
Samhallsbyggnadsbola 1.0000 8/12/2027 EUR 73.651
Kernel Holding SA 6.5000 10/17/2024 USD 46.910
Standard Profil Auto 6.2500 4/30/2026 EUR 63.259
Hungary Government I 0.5000 11/18/2030 EUR 72.288
ADLER Group SA 1.8750 1/14/2026 EUR 46.000
Russian Foreign Bond 7.5000 3/31/2030 USD 65.167
Samhallsbyggnadsbola 2.6250 EUR 41.794
Atrium Finance PLC 2.6250 9/5/2027 EUR 73.942
PB International BV 7.6250 12/31/2025 USD 39.572
Netherlands Governme 0.5000 1/15/2040 EUR 71.093
Fnac Darty SA 0.2500 3/23/2027 EUR 65.848
Altarea SCA 1.7500 1/16/2030 EUR 74.913
ADLER Group SA 3.2500 8/5/2025 EUR 47.000
Intesa Sanpaolo SpA 4.9500 6/1/2042 USD 71.948
Solocal Group 9.0460 3/15/2025 EUR 67.300
Hungary Government B 2.2500 4/20/2033 HUF 61.347
Abengoa Abenewco 2 S 1.5000 10/26/2024 EUR 1.490
Electricite de Franc 1.0000 11/29/2033 EUR 72.622
Ukraine Government B 15.8400 2/26/2025 UAH 66.586
Nykredit Realkredit 1.0000 10/1/2050 DKK 74.350
CPI Property Group S 3.7500 EUR 48.498
Aryzta AG 5.1602 CHF 72.291
HSE Finance Sarl 5.6250 10/15/2026 EUR 51.917
DH Europe Finance II 1.3500 9/18/2039 EUR 69.755
NGD Holdings BV 6.7500 12/31/2026 USD 55.407
Voltalia SA 1.0000 1/13/2025 EUR 28.813
Casino Guichard Perr 3.5800 2/7/2025 EUR 73.375
MHP SE 7.7500 5/10/2024 USD 50.783
Metinvest BV 8.5000 4/23/2026 USD 54.750
HOCHTIEF AG 1.2500 9/3/2031 EUR 72.846
Delivery Hero SE 1.5000 1/15/2028 EUR 71.660
ADLER Group SA 2.2500 4/27/2027 EUR 43.833
Odea Bank AS 8.6060 8/1/2027 USD 74.208
Republic of Austria 0.7500 3/20/2051 EUR 58.698
Heimstaden Bostad AB 3.3750 EUR 63.583
ADLER Group SA 1.5000 7/26/2024 EUR 70.833
EP Infrastructure AS 1.8160 3/2/2031 EUR 66.361
Heimstaden Bostad Tr 1.6250 10/13/2031 EUR 67.906
Glencore Capital Fin 1.2500 3/1/2033 EUR 71.328
Republic of Poland G 2.0000 10/25/2046 EUR 70.588
Stellantis NV 1.2500 6/20/2033 EUR 73.799
Shell International 0.8750 11/8/2039 EUR 62.612
Aegon NV 0.4960 NLG 64.944
Aroundtown SA 1.6250 1/31/2028 EUR 73.731
CPI Property Group S 5.8000 SGD 46.980
FIGEAC-AERO 1.7500 10/18/2028 EUR 23.566
Digital Intrepid Hol 0.6250 7/15/2031 EUR 72.797
Czech Republic Gover 1.5000 4/24/2040 CZK 62.615
BNP Paribas SA 2.8240 1/26/2041 USD 67.189
Berkeley Group PLC/T 2.5000 8/11/2031 GBP 73.032
Just Eat Takeaway.co 0.6250 2/9/2028 EUR 69.450
Blackstone Property 1.6250 4/20/2030 EUR 72.341
BUPA Finance PLC 4.0000 GBP 71.757
Heimstaden Bostad Tr 0.7500 9/6/2029 EUR 69.132
Ireland Government B 1.5000 5/15/2050 EUR 70.994
Credit Bank of Mosco 3.1000 1/21/2026 EUR 21.990
Finland Government B 0.1250 4/15/2036 EUR 68.831
Prosus NV 2.0310 8/3/2032 EUR 73.719
JT International Fin 3.3000 9/14/2051 USD 60.903
Novolipetsk Steel Vi 1.4500 6/2/2026 EUR 70.832
Corestate Capital Ho 1.3750 11/28/2022 EUR 12.879
Moby SpA 7.7500 2/15/2023 EUR 58.311
Gazprom PJSC via Gaz 1.5400 6/30/2027 CHF 63.044
Triodos Bank NV 2.2500 2/5/2032 EUR 74.022
Russian Railways Via 7.4870 3/25/2031 GBP 54.998
MRG Finance UK PLC 8.7500 10/26/2023 EUR 45.616
CPI Property Group S 4.8750 EUR 50.388
Fresenius SE & Co KG 1.1250 1/28/2033 EUR 72.212
Polyus Finance PLC 3.2500 10/14/2028 USD 60.684
Royalty Pharma PLC 3.5500 9/2/2050 USD 67.211
United Kingdom Gilt 1.7500 7/22/2057 GBP 61.957
Altice France Holdin 4.0000 2/15/2028 EUR 69.847
VGP NV 2.2500 1/17/2030 EUR 71.235
Turkey Government In 6.0000 1/14/2041 USD 70.720
United Kingdom Gilt 1.6250 10/22/2054 GBP 60.355
Phosagro OAO Via Pho 2.6000 9/16/2028 USD 61.420
Atos SE 2.5000 11/7/2028 EUR 73.519
Gazprom PJSC Via Gaz 4.9500 2/6/2028 USD 75.250
Prosus NV 4.0270 8/3/2050 USD 65.608
Wirecard AG 0.5000 9/11/2024 EUR 12.550
Ocado Group PLC 0.7500 1/18/2027 GBP 68.643
Ukraine Government I 9.7500 11/1/2030 USD 20.254
Becton Dickinson Eur 1.3360 8/13/2041 EUR 63.405
Shell International 3.0000 11/26/2051 USD 71.357
Nostrum Oil & Gas Fi 7.0000 2/16/2025 USD 25.125
Dtek Renewables Fina 8.5000 11/12/2024 EUR 38.575
Herens Midco Sarl 5.2500 5/15/2029 EUR 68.558
Italy Buoni Polienna 1.4500 3/1/2036 EUR 72.731
Republic of Belarus 6.3780 2/24/2031 USD 31.500
Ukraine Railways Via 7.8750 7/15/2028 USD 19.603
Societe Generale SA 4.0270 1/21/2043 USD 72.256
SBB Treasury Oyj 1.1250 11/26/2029 EUR 66.496
Tinkoff Bank JSC Via 6.0000 USD 41.107
Mallinckrodt Interna 10.0000 6/15/2029 USD 57.929
Samhallsbyggnadsbola 6.4190 SEK 61.956
Delivery Hero SE 2.1250 3/10/2029 EUR 67.406
UNIQA Insurance Grou 2.3750 12/9/2041 EUR 72.630
Societe Generale SA 3.6250 3/1/2041 USD 69.300
Nexity SA 0.2500 3/2/2025 EUR 59.452
Russian Foreign Bond 5.2500 6/23/2047 USD 40.858
Fresenius Finance Ir 0.8750 10/1/2031 EUR 73.517
State of North Rhine 0.5000 1/15/2052 EUR 52.438
Gazprom PJSC via Gaz 1.8500 11/17/2028 EUR 64.371
Ukraine Government I 6.8760 5/21/2031 USD 18.627
NAK Naftogaz Ukraine 7.3750 7/19/2022 USD 15.500
Lukoil Securities BV 3.8750 5/6/2030 USD 68.750
Sberbank of Russia V 5.1250 10/29/2022 USD 32.467
Credit Suisse Group 0.6500 9/10/2029 EUR 70.717
Credit Bank of Mosco 5.5500 2/14/2023 USD 21.807
Aggregate Holdings S 6.8750 11/9/2025 EUR 36.625
NET4GAS sro 3.5000 7/28/2026 EUR 67.500
Slovenia Government 0.6875 3/3/2081 EUR 37.926
State of North Rhine 2.1500 3/21/2119 EUR 71.317
Interpipe Holdings P 8.3750 5/13/2026 USD 47.504
Societe Generale SA 4.0270 1/21/2043 USD 72.250
Republic of Belarus 7.6250 6/29/2027 USD 39.128
Sberbank of Russia V 5.2500 5/23/2023 USD 32.633
SPP-Distribucia AS 1.0000 6/9/2031 EUR 65.776
Societe Generale SA 1.1130 7/17/2031 EUR 73.856
Proximus SADP 0.7500 11/17/2036 EUR 68.958
Republic of Austria 0.2500 10/20/2036 EUR 69.240
Aroundtown SA 3.0000 10/16/2029 GBP 70.884
Diebold Nixdorf Dutc 9.0000 7/15/2025 EUR 65.066
Kingdom of Belgium G 0.4000 6/22/2040 EUR 62.796
EnBW Energie Baden-W 2.1250 8/31/2081 EUR 72.890
Haya Holdco 2 PLC 10.9540 11/30/2025 EUR 42.794
University of Oxford 2.5440 12/8/2117 GBP 56.591
VGP NV 1.5000 4/8/2029 EUR 70.538
State of North Rhine 1.7500 7/11/2068 EUR 68.035
BP Capital Markets B 1.4670 9/21/2041 EUR 64.581
Aedifica SA 0.7500 9/9/2031 EUR 68.180
Republic of Poland G 2.0000 3/8/2049 EUR 69.885
Lukoil International 4.7500 11/2/2026 USD 72.000
MHP Lux SA 6.2500 9/19/2029 USD 47.435
Diebold Nixdorf Dutc 9.0000 7/15/2025 EUR 65.306
Corestate Capital Ho 3.5000 4/15/2023 EUR 16.056
Heimstaden Bostad AB 3.0000 EUR 63.027
United Utilities Wat 1.7500 2/10/2038 GBP 68.699
Ukraine Government I 7.7500 9/1/2028 USD 20.201
Enel Finance Interna 0.8750 6/17/2036 EUR 65.737
Kernel Holding SA 6.7500 10/27/2027 USD 41.500
Maisons du Monde SA 0.1250 12/6/2023 EUR 46.269
Enel Finance Interna 0.8750 9/28/2034 EUR 69.196
Hungary Government B 3.2500 10/22/2031 HUF 71.355
Borets Finance DAC 6.0000 9/17/2026 USD 43.000
Akelius Residential 0.7500 2/22/2030 EUR 73.484
Republic of Belarus 6.2000 2/28/2030 USD 30.984
Vnesheconombank Via 6.8000 11/22/2025 USD 5.360
Ukraine Government I 7.7500 9/1/2026 USD 20.650
Hungary Government B 3.0000 10/27/2038 HUF 58.013
Republic of Belarus 5.8750 2/24/2026 USD 40.532
John Lewis PLC 4.2500 12/18/2034 GBP 64.328
CPI Property Group S 2.7500 1/22/2028 GBP 70.640
Slovakia Government 0.3750 4/21/2036 EUR 66.065
Vonovia Finance BV 1.1250 9/14/2034 EUR 69.759
VTB Bank OJSC Via VT 6.9500 10/17/2022 USD 7.535
Orpea SA 2.2000 12/15/2024 EUR 26.955
Acef Holding SCA 1.2500 4/26/2030 EUR 74.496
Medtronic Global Hol 1.3750 10/15/2040 EUR 68.037
Logicor Financing Sa 0.8750 1/14/2031 EUR 69.647
Polyus Finance PLC 4.7000 1/29/2024 USD 60.000
Snam SpA 1.2500 6/20/2034 EUR 74.913
Perrigo Finance Unli 4.9000 12/15/2044 USD 72.551
Bank Gospodarstwa Kr 2.3750 11/27/2040 PLN 53.621
Saderea DAC 12.5000 11/30/2026 USD 43.872
Hungary Government B 2.0000 5/23/2029 HUF 71.059
ADLER Group SA 2.7500 11/13/2026 EUR 45.293
Just Group PLC 5.0000 GBP 74.300
Muenchener Rueckvers 1.0000 5/26/2042 EUR 73.425
Arrival SA 3.5000 12/1/2026 USD 26.500
Brit Insurance Holdi 3.6757 12/9/2030 GBP 75.123
Nykredit Realkredit 1.0000 10/1/2053 DKK 73.562
Finland Government B 0.2500 9/15/2040 EUR 62.679
VF Ukraine PAT via V 6.2000 2/11/2025 USD 58.112
MMC Norilsk Nickel O 2.5500 9/11/2025 USD 71.504
United Utilities Wat 1.7500 2/10/2038 GBP 68.955
Slovenia Government 0.4875 10/20/2050 EUR 47.685
Ukraine Government I 8.9940 2/1/2026 USD 20.463
Czech Republic Gover 1.9500 7/30/2037 CZK 72.778
Orpea SA 2.5640 11/30/2027 EUR 27.784
E.ON SE 0.8750 10/18/2034 EUR 73.049
Audax Renovables SA 2.7500 11/30/2025 EUR 73.532
Nostrum Oil & Gas Fi 8.0000 7/25/2022 USD 25.959
Hellenic Bank PCL 10.0000 EUR 69.281
Romanian Government 3.3750 2/8/2038 EUR 71.374
Russian Railways Via 4.3750 3/1/2024 USD 53.107
British Telecommunic 3.6250 11/21/2047 GBP 73.065
Eurotorg LLC Via Bon 9.0000 10/22/2025 USD 67.000
BPCE SA 2.1250 10/13/2046 EUR 73.994
Siemens Financiering 0.5000 9/5/2034 EUR 74.419
HSE Finance Sarl 7.5120 10/15/2026 EUR 55.214
Credit Bank of Mosco 3.8750 9/21/2026 USD 30.756
Orpea SA 2.1300 7/3/2024 EUR 29.279
EnfraGen Energia Sur 5.3750 12/30/2030 USD 70.903
Cie de Financement F 0.0100 10/29/2035 EUR 66.775
VTB Bank PJSC Via VT 9.5000 USD 16.719
LEG Immobilien SE 0.8750 3/30/2033 EUR 70.455
BAT International Fi 2.2500 9/9/2052 GBP 41.644
Novolipetsk Steel Vi 4.0000 9/21/2024 USD 63.444
Verbund AG 0.9000 4/1/2041 EUR 67.238
Thermo Fisher Scient 2.0000 10/18/2051 EUR 65.761
Metinvest BV 5.6250 6/17/2025 EUR 55.239
Ziton A/S 11.0320 10/3/2024 EUR 59.331
Momox Holding AG 8.5040 7/10/2025 EUR 69.128
Mutuelle Assurance D 2.1250 6/21/2052 EUR 71.375
Gol Finance SA 8.0000 6/30/2026 USD 57.922
National Grid PLC 0.7500 9/1/2033 EUR 71.894
Republic of Poland G 4.0000 4/25/2047 PLN 72.303
Evraz PLC 5.3750 3/20/2023 USD 49.442
Koninklijke KPN NV 0.8750 11/15/2033 EUR 74.487
Royalty Pharma PLC 3.3500 9/2/2051 USD 64.614
Alfa Bank AO Via Alf 5.9500 4/15/2030 USD 3.710
Realkredit Danmark A 1.0000 10/1/2050 DKK 74.352
Gecina SA 0.8750 6/30/2036 EUR 70.314
Bank Gospodarstwa Kr 2.1250 6/5/2030 PLN 73.847
Vonovia SE 1.0000 6/16/2033 EUR 71.593
Metalloinvest Financ 3.3750 10/22/2028 USD 54.496
Andorra Internationa 1.7000 10/13/2041 EUR 65.119
Nexity SA 0.8750 4/19/2028 EUR 44.361
Nykredit Realkredit 1.0000 10/1/2053 DKK 68.948
Societe Nationale SN 1.0000 1/19/2061 EUR 43.039
Nederlandse Watersch 0.1250 9/3/2035 EUR 69.179
Cardea Europe AG 7.2500 12/8/2023 EUR 26.000
BP Capital Markets B 0.9330 12/4/2040 EUR 60.073
State of North Rhine 1.7500 10/26/2057 EUR 72.745
State Agency of Road 6.2500 6/24/2030 USD 17.853
Balder Finland Oyj 1.3750 5/24/2030 EUR 69.287
Becton Dickinson Eur 1.2130 2/12/2036 EUR 71.944
Orpea SA 2.7500 6/3/2033 EUR 27.407
Idavang A/S 9.8570 11/11/2025 EUR 69.628
Czech Republic Gover 0.0500 11/29/2029 CZK 73.546
Deutsche Bahn Financ 0.6250 4/15/2036 EUR 70.478
Neoen SA 2.0000 6/2/2025 EUR 47.910
Thermo Fisher Scient 1.6250 10/18/2041 EUR 70.269
Vonovia SE 0.7500 9/1/2032 EUR 71.730
MMC Norilsk Nickel O 2.8000 10/27/2026 USD 70.324
EQT AB 0.8750 5/14/2031 EUR 72.193
BAT International Fi 4.0000 11/23/2055 GBP 59.837
GOL Equity Finance S 3.7500 7/15/2024 USD 50.000
Norddeutsche Landesb 8.9160 EUR 72.816
Merlin Properties So 1.8750 12/4/2034 EUR 74.330
ALROSA Finance SA 3.1000 6/25/2027 USD 10.200
SCF Capital Designat 3.8500 4/26/2028 USD 21.824
Tullow Oil PLC 7.0000 3/1/2025 USD 71.471
Russian Foreign Bond 4.3750 3/21/2029 USD 40.646
Imerys SA 1.0000 7/15/2031 EUR 72.974
Offentliga Hus I Nor 9.6550 SEK 65.068
NPC Ukrenergo 6.8750 11/9/2028 USD 17.507
Russian Foreign Bond 4.7500 5/27/2026 USD 42.706
Metinvest BV 7.7500 10/17/2029 USD 49.707
Deutsche Bahn Financ 0.6250 12/8/2050 EUR 51.722
Market Parent Finco 6.7500 10/1/2029 GBP 61.264
Ukreximbank Via Biz 9.9500 11/14/2029 USD 31.090
Desenio Group AB 8.0340 12/16/2024 SEK 51.411
Ireland Government B 0.5500 4/22/2041 EUR 64.534
Electricite de Franc 1.8750 10/13/2036 EUR 73.826
Severstal OAO Via St 3.1500 9/16/2024 USD 4.480
Saxa Gres Spa 7.0000 8/4/2026 EUR 43.305
CBRE Global Investor 0.9000 10/12/2029 EUR 73.689
Vodafone Group PLC 3.3750 8/8/2049 GBP 69.799
Credit Bank of Mosco 7.6250 USD 19.522
UBS Group AG 0.6250 2/24/2033 EUR 74.444
Prosus NV 1.9850 7/13/2033 EUR 70.969
Vodafone Group PLC 3.0000 8/12/2056 GBP 61.263
Nykredit Realkredit 1.5000 10/1/2053 DKK 73.533
CCC SA 11.6700 6/29/2026 PLN 68.875
UNEDIC ASSEO 0.5000 5/25/2036 EUR 69.877
Eurochem Finance DAC 5.5000 3/13/2024 USD 56.839
Mobile Telesystems O 5.0000 5/30/2023 USD 25.390
Ile-de-France Mobili 1.2750 2/14/2042 EUR 68.747
Russian Foreign Bond 4.2500 6/23/2027 USD 41.836
Holcim Finance Luxem 1.3750 10/8/2036 EUR 63.252
Logicor Financing Sa 2.0000 1/17/2034 EUR 69.085
Hera SpA 1.0000 4/25/2034 EUR 73.718
DSV Finance BV 0.7500 7/5/2033 EUR 72.771
British Telecommunic 3.9240 6/25/2042 GBP 73.778
Czech Gas Networks I 0.8750 3/31/2031 EUR 73.129
Aroundtown SA 2.9120 9/20/2030 EUR 69.452
Novolipetsk Steel Vi 4.7000 5/30/2026 USD 71.503
Derwent London PLC 1.8750 11/17/2031 GBP 73.700
Kommunekredit 0.1250 9/26/2040 EUR 59.992
BMW Finance NV 0.2000 1/11/2033 EUR 74.159
BAT International Fi 2.0000 3/13/2045 EUR 56.450
Credit Bank of Mosco 5.1500 2/20/2024 EUR 26.153
Orpea SA 3.1440 12/22/2025 EUR 27.407
Orsted AS 2.5000 2/18/3021 GBP 70.620
Places For People Tr 2.5000 1/26/2036 GBP 73.100
BNG Bank NV 0.1250 4/19/2033 EUR 74.854
Gol Finance SA 7.0000 1/31/2025 USD 51.134
Amprion GmbH 0.6250 9/23/2033 EUR 71.740
R-Logitech Finance S 10.2500 9/26/2027 EUR 68.734
Simon International 1.1250 3/19/2033 EUR 74.034
La Financiere Atalia 6.6250 5/15/2025 GBP 65.920
SAS AB 6.9000 SEK 7.333
Home Group Ltd 3.1250 3/27/2043 GBP 73.707
Evraz PLC 5.2500 4/2/2024 USD 52.615
O1 Properties Financ 0.5000 9/27/2028 USD 5.251
Holcim Finance Luxem 0.6250 1/19/2033 EUR 72.424
Lukoil Capital DAC 3.6000 10/26/2031 USD 68.750
Wellcome Trust Ltd/T 1.5000 7/14/2071 GBP 43.518
Agri Resources Group 8.0000 3/17/2026 EUR 60.815
Metropolitano de Ten 1.2290 7/30/2036 EUR 70.533
Sibur Securities DAC 3.4500 9/23/2024 USD 60.775
Russian Railways Via 1.1950 4/3/2028 CHF 46.426
MMK International Ca 4.3750 6/13/2024 USD 26.505
Metinvest BV 7.6500 10/1/2027 USD 53.257
Russian Foreign Bond 2.8750 12/4/2025 EUR 39.464
Bigben Interactive 1.1250 2/19/2026 EUR 70.385
Deutsche Telekom AG 1.7500 12/9/2049 EUR 68.231
Linde PLC 1.0000 9/30/2051 EUR 56.903
Shell International 1.7500 9/10/2052 GBP 50.933
Abengoa Abenewco 2 B 1.5000 4/26/2024 EUR 0.498
Rallye SA 4.0000 2/28/2032 CHF 10.096
ALROSA Finance SA 4.6500 4/9/2024 USD 11.457
Econocom Group SA/NV 0.5000 3/6/2023 EUR 8.171
Russian Foreign Bond 2.6500 5/27/2036 EUR 38.565
Societe Generale SA 3.6250 3/1/2041 USD 69.322
VEON Holdings BV 3.3750 11/25/2027 USD 71.132
Credit Bank of Mosco 7.5000 10/5/2027 USD 21.238
Manchester Airport G 2.8750 9/30/2044 GBP 68.565
Aroundtown SA 3.6250 4/10/2031 GBP 69.337
State of North Rhine 1.4500 1/19/2122 EUR 52.846
Lloyds Banking Group 3.3690 12/14/2046 USD 70.115
BNP Paribas SA 0.6250 12/3/2032 EUR 73.045
Tritax Big Box REIT 1.5000 11/27/2033 GBP 69.871
Segro Capital Sarl 0.5000 9/22/2031 EUR 74.080
Investor AB 0.3750 10/29/2035 EUR 68.476
Enel Finance Interna 1.2500 1/17/2035 EUR 71.807
Movida Europe SA 5.2500 2/8/2031 USD 68.106
Mithra Pharmaceutica 4.2500 12/17/2025 EUR 59.633
JDE Peet's NV 1.1250 6/16/2033 EUR 74.787
State of North Rhine 0.2000 1/27/2051 EUR 47.365
esure Group PLC 6.0000 GBP 69.984
Medtronic Global Hol 1.7500 7/2/2049 EUR 63.902
Genova Property Grou 9.2450 SEK 74.500
HOCHDORF Holding AG 2.5000 CHF 30.489
Ukraine Government B 9.7900 5/26/2027 UAH 52.531
Finland Government B 0.5000 4/15/2043 EUR 63.127
Jyske Realkredit A/S 1.0000 10/1/2050 DKK 74.465
Credit Bank of Mosco 4.7000 1/29/2025 USD 25.796
Russian Foreign Bond 5.8750 9/16/2043 USD 59.599
Smurfit Kappa Treasu 1.0000 9/22/2033 EUR 74.034
EnBW International F 0.5000 3/1/2033 EUR 72.238
Deutsche Bahn Financ 1.1250 5/29/2051 EUR 58.035
United Utilities Wat 1.8750 6/3/2042 GBP 63.913
Ekosem-Agrar AG 2.5000 7/31/2029 EUR 19.441
Vonovia SE 1.5000 6/14/2041 EUR 61.660
Tinkoff Bank JSC Via 11.0020 USD 39.012
Ageas SA/NV 1.8750 11/24/2051 EUR 74.959
Bank Gospodarstwa Kr 0.5000 7/8/2031 EUR 70.543
Republic of Croatia 1.0000 11/27/2034 EUR 72.203
Snam SpA 1.0000 9/12/2034 EUR 71.848
Sibur Securities DAC 2.9500 7/8/2025 USD 68.354
Investor AB 1.5000 6/20/2039 EUR 73.454
Home Credit & Financ 8.8000 USD 5.340
Portugal Obrigacoes 1.1500 4/11/2042 EUR 66.687
Fuerstenberg Capital 2.5220 EUR 78.517
Vnesheconombank Via 5.9420 11/21/2023 USD 7.755
Euroboden GmbH 5.5000 11/18/2025 EUR 60.475
Medtronic Global Hol 1.5000 7/2/2039 EUR 71.112
Euroboden GmbH 5.5000 10/1/2024 EUR 69.762
GTLK Europe Capital 4.8000 2/26/2028 USD 22.225
Kreditanstalt fuer W 0.0500 9/29/2034 EUR 71.912
Bank Gospodarstwa Kr 2.2500 7/21/2033 PLN 65.971
CM.com NV 2.0000 9/9/2026 EUR 66.606
Unibail-Rodamco-West 1.7500 7/1/2049 EUR 66.201
Annington Funding PL 2.9240 10/6/2051 GBP 59.421
Sovereign Housing Ca 2.3750 11/4/2048 GBP 63.385
Sovcombank Via SovCo 7.6000 USD 4.521
DH Europe Finance II 1.8000 9/18/2049 EUR 67.261
Russian Foreign Bond 1.8500 11/20/2032 EUR 38.355
Caisse Francaise de 0.3750 2/13/2040 EUR 62.484
State of North Rhine 1.3750 1/15/2120 EUR 50.898
A2A SpA 0.6250 10/28/2032 EUR 72.958
NIBC Bank NV 1.3150 EUR 73.844
Optivo Finance PLC 3.2830 3/22/2048 GBP 72.773
BNP Paribas SA 2.0000 9/13/2036 GBP 70.237
Slovakia Government 1.0000 10/13/2051 EUR 52.841
TenneT Holding BV 1.5000 6/3/2039 EUR 73.338
Digital Dutch Finco 1.0000 1/15/2032 EUR 74.329
VTR Finance NV 6.3750 7/15/2028 USD 39.561
Vienna Insurance Gro 1.0000 3/26/2036 EUR 68.347
Sovcombank Via SovCo 3.4000 1/26/2025 USD 3.014
Rallye SA 3.4000 2/28/2032 EUR 4.298
Ukraine Government B 11.6700 11/22/2023 UAH 72.564
Wellcome Trust Ltd/T 2.5170 2/7/2118 GBP 57.357
BNP Paribas SA 2.8240 1/26/2041 USD 67.879
Koninklijke Luchtvaa 0.7500 CHF 19.000
European Financial S 0.7000 1/17/2053 EUR 53.257
Ilija Batljan Invest 9.2640 SEK 46.998
Vnesheconombank Via 6.0250 7/5/2022 USD 6.251
TenneT Holding BV 0.8750 6/16/2035 EUR 71.752
Intesa Sanpaolo SpA 2.6250 3/11/2036 GBP 70.574
publity AG 5.5000 6/19/2025 EUR 67.500
Ilija Batljan Invest 5.7640 12/15/2024 SEK 64.567
Sirius Real Estate L 1.7500 11/24/2028 EUR 73.765
Rickmers Holding AG 8.8750 6/11/2018 EUR 1.221
OGX Austria GmbH 8.5000 6/1/2018 USD 0.012
Stichting Afwikkelin 11.2500 EUR 44.423
Volkswagen Internati 1.5000 1/21/2041 EUR 64.776
BAE Systems PLC 3.0000 9/15/2050 USD 68.210
Engie SA 1.2500 10/24/2041 EUR 63.305
Mondelez Internation 1.2500 9/9/2041 EUR 65.729
Alfa Bank AO Via Alf 6.9500 USD 2.466
NIBC Bank NV 2.8500 2/21/2040 EUR 70.100
CNP Assurances 1.8750 10/12/2053 EUR 74.064
Realkredit Danmark A 1.0000 10/1/2050 DKK 70.223
SCF Capital Designat 5.3750 6/16/2023 USD 20.166
Chancellor Masters & 0.2500 6/27/2068 GBP 62.344
Societe Du Grand Par 0.3000 9/2/2036 EUR 65.983
Rallye SA 3.2500 2/28/2032 CHF 4.656
Credit Bank of Mosco 8.8750 USD 19.698
UNEDIC ASSEO 0.2500 7/16/2035 EUR 69.622
alstria office REIT- 1.5000 11/15/2027 EUR 73.056
Travelex Financing P 8.0000 5/15/2022 EUR 0.339
Credit Agricole SA 2.8110 1/11/2041 USD 67.413
TMK OAO Via TMK Capi 4.3000 2/12/2027 USD 52.171
Rallye SA 5.2500 2/28/2032 EUR 3.435
Wuestenrot & Wuertte 2.1250 9/10/2041 EUR 72.749
Northern Powergrid N 1.8750 6/16/2062 GBP 52.263
Offshore Drilling Ho 8.3750 9/20/2020 USD 3.000
Immigon Portfolioabb 8.8130 EUR 12.433
BNG Bank NV 0.8050 6/28/2049 EUR 57.557
Air Berlin PLC 8.2500 4/19/2018 EUR 0.415
Ukraine Government B 12.5200 5/13/2026 UAH 56.408
EYEMAXX Real Estate 5.5000 4/26/2023 EUR 1.938
Russian Foreign Bond 1.1250 11/20/2027 EUR 37.919
Senvion Holding GmbH 3.8750 10/25/2022 EUR 0.203
Mitsubishi UFJ Inves 6.5380 12/30/2099 EUR 4.916
Sanctuary Capital PL 2.3750 4/14/2050 GBP 61.520
Intelsat Jackson Hol 9.7500 7/15/2025 USD 0.494
Prologis Internation 0.7500 3/23/2033 EUR 69.872
Ireland Government B 0.4000 5/15/2035 EUR 73.630
NIBC Bank NV 2.5700 USD 74.355
Storebrand Livsforsi 1.8750 9/30/2051 EUR 73.060
Agence Francaise de 1.1250 3/2/2037 EUR 74.098
Cooperatieve Raboban 0.7500 6/21/2039 EUR 69.074
Stichting Afwikkelin 6.2500 10/26/2020 EUR 43.641
Bulgaria Government 0.1000 8/17/2031 BGN 62.864
Telefonica Emisiones 1.8640 7/13/2040 EUR 72.416
Russian Federal Bond 6.1000 7/18/2035 RUB 71.641
Agence Francaise de 0.5000 5/31/2035 EUR 71.364
Orange SA 1.3750 9/4/2049 EUR 67.862
GTLK Europe Capital 4.6500 3/10/2027 USD 21.854
Credit Agricole SA 2.8110 1/11/2041 USD 67.651
GTLK Europe Capital 4.3490 2/27/2029 USD 20.363
Slovenia Government 1.1750 2/13/2062 EUR 53.402
Bromford Housing Gro 3.1250 5/3/2048 GBP 73.861
Abengoa Abenewco 2 S 1.5000 10/26/2024 USD 0.827
Yorkshire Water Fina 2.7500 4/18/2041 GBP 73.429
Cadent Finance PLC 2.7500 9/22/2046 GBP 64.492
Orpea SA 2.7700 12/18/2028 EUR 24.259
Lithuania Government 0.5000 7/28/2050 EUR 46.277
Cellnex Finance Co S 3.8750 7/7/2041 USD 73.787
VTB Bank OJSC Via VT 4.0725 10/24/2024 CHF 16.000
K2A Knaust & Anderss 8.8080 SEK 69.818
Societe Du Grand Par 1.0000 2/18/2070 EUR 42.381
Greene King Finance 5.5121 12/15/2034 GBP 74.797
Clarion Funding PLC 1.8750 1/22/2035 GBP 71.421
Biocartis Group NV 4.0000 11/9/2027 EUR 59.994
TotalEnergies Capita 1.5350 5/31/2039 EUR 74.128
LEG Immobilien SE 1.6250 11/28/2034 EUR 72.142
Blend Funding PLC 2.9220 4/5/2054 GBP 66.688
Guinness Partnership 2.0000 4/22/2055 GBP 53.493
Hyde Housing Associa 1.7500 8/18/2055 GBP 50.460
Officine Maccaferri- 5.7500 6/1/2021 EUR 17.000
DSV Finance BV 0.8750 9/17/2036 EUR 68.058
Russian Agricultural 8.5000 10/16/2023 USD 13.880
Medtronic Global Hol 1.6250 10/15/2050 EUR 61.132
BICO Group AB 2.8750 3/19/2026 SEK 70.793
Vonovia Finance BV 1.0000 1/28/2041 EUR 56.292
Unibail-Rodamco-West 0.8750 3/29/2032 EUR 74.665
Hampshire Trust Bank 7.2500 5/10/2028 GBP 69.978
AstraZeneca PLC 2.1250 8/6/2050 USD 61.435
GlaxoSmithKline Capi 1.6250 5/12/2035 GBP 72.733
OMV AG 1.0000 7/3/2034 EUR 74.037
Mallinckrodt Interna 10.0000 4/15/2025 USD 68.500
Nestle Finance Inter 0.3750 12/3/2040 EUR 60.656
Societe Du Grand Par 0.7000 10/15/2060 EUR 39.886
Sovcombank Via SovCo 8.0000 4/7/2030 USD 5.516
Deutsche Bahn Financ 1.3750 4/16/2040 EUR 72.864
Scandinavian Airline 0.6250 CHF 13.792
Air Berlin PLC 6.7500 5/9/2019 EUR 0.230
Intu Debenture PLC 5.5620 12/31/2027 GBP 43.055
Lendlease Europe Fin 3.5000 12/2/2033 GBP 68.264
BPCE SFH SA 0.0100 1/29/2036 EUR 65.842
State of Saxony-Anha 0.5000 3/24/2051 EUR 53.547
EYEMAXX Real Estate 5.5000 7/22/2025 EUR 16.000
Hannover Rueck SE 1.3750 6/30/2042 EUR 74.942
Lithuania Government 0.3000 2/12/2032 EUR 73.749
Repsol Europe Financ 0.8750 7/6/2033 EUR 74.426
ESB Finance DAC 2.0000 4/17/2044 EUR 71.375
Ozon Holdings PLC 1.8750 2/24/2026 USD 58.501
Chancellor Masters & 2.3500 6/27/2078 GBP 60.768
Vedanta Resources Lt 6.1250 8/9/2024 USD 72.764
Latvia Government In 1.8750 2/19/2049 EUR 71.456
Intelsat Jackson Hol 5.5000 8/1/2023 USD 0.494
Flagship Finance PLC 1.8750 7/14/2061 GBP 50.849
Finland Government B 1.3750 4/15/2047 EUR 74.878
GTLK Europe Capital 5.9500 4/17/2025 USD 26.608
Cooperatieve Raboban 0.6250 2/25/2033 EUR 74.303
JAB Holdings BV 2.2500 12/19/2039 EUR 71.312
Alfa Bank AO Via Alf 5.9000 USD 2.466
Clarion Funding PLC 3.1250 4/19/2048 GBP 70.686
Iren SpA 0.2500 1/17/2031 EUR 73.850
SCOR SE 1.3750 9/17/2051 EUR 72.925
Aeroports de Paris 1.1250 6/18/2034 EUR 73.570
Abengoa Abenewco 2 S 1.5000 10/26/2024 USD 1.153
Orpea SA 2.0000 8/9/2029 EUR 27.426
Global Ports Finance 6.5000 9/22/2023 USD 25.000
PIK Securities DAC 5.6250 11/19/2026 USD 41.750
Southern Housing Gro 2.3750 10/8/2036 GBP 74.195
Cie de Financement F 0.6000 10/25/2041 EUR 63.827
Beyond Housing Ltd 2.1250 5/17/2051 GBP 58.735
Nordea Kredit Realkr 1.0000 10/1/2050 DKK 74.473
TenneT Holding BV 0.5000 11/30/2040 EUR 58.499
Deutsche Wohnen SE 1.3000 4/7/2041 EUR 56.901
National Gas Transmi 1.6250 1/14/2043 GBP 54.491
Kreditanstalt fuer W 0.8750 7/4/2039 EUR 72.583
Allied Irish Banks P 12.5000 6/25/2035 GBP 55.023
Debenhams PLC 5.2500 7/15/2021 GBP 0.180
TotalEnergies Capita 1.6180 5/18/2040 EUR 71.675
Clarion Funding PLC 1.8750 9/7/2051 GBP 51.625
GTLK Europe DAC 5.1250 5/31/2024 USD 30.013
Cadent Finance PLC 2.6250 9/22/2038 GBP 71.176
Land Berlin 0.6250 1/26/2052 EUR 54.788
Quant AB 7.7620 11/15/2025 EUR 74.350
Berner Kantonalbank 0.1000 9/30/2039 CHF 69.361
Societe Du Grand Par 1.6250 4/8/2042 EUR 72.588
Slovakia Government 2.2500 6/12/2068 EUR 72.769
Euronext NV 1.5000 5/17/2041 EUR 67.490
Credit Suisse Group 5.1000 USD 70.290
Pozavarovalnica Sava 3.7500 11/7/2039 EUR 72.959
Ukraine Government I 9.7900 5/26/2027 UAH 52.531
National Grid Electr 2.0000 4/17/2040 GBP 64.528
European Financial S 0.0500 1/18/2052 EUR 42.032
Intelsat Jackson Hol 8.5000 10/15/2024 USD 0.494
Schlote Holding GmbH 6.7500 11/21/2024 EUR 65.271
BP Capital Markets P 1.1040 11/15/2034 EUR 73.425
La Poste SA 1.0000 9/17/2034 EUR 73.429
Engie SA 1.0000 10/26/2036 EUR 68.881
Credit Suisse Group 4.5000 USD 65.500
DZ HYP AG 0.3750 11/10/2034 EUR 73.411
Avangardco Investmen 10.0000 10/29/2018 USD 0.133
RTE Reseau de Transp 1.1250 9/9/2049 EUR 57.443
LEG Immobilien SE 1.5000 1/17/2034 EUR 73.678
Accent Capital PLC 2.6250 7/18/2049 GBP 66.866
Affinity Water Finan 3.2780 8/22/2042 GBP 75.057
Nestle Finance Inter 0.8750 6/14/2041 EUR 66.658
Realkredit Danmark A 1.0000 10/1/2053 DKK 68.951
LEG Immobilien SE 1.0000 11/19/2032 EUR 73.044
Eni SpA 1.0000 10/11/2034 EUR 72.693
Kenbourne Invest SA 4.7000 1/22/2028 USD 71.782
Aroundtown SA 4.7500 3/27/2032 USD 67.732
Chelyabinsk Pipe Pla 4.5000 9/19/2024 USD 21.099
Societe Du Grand Par 0.8750 5/10/2046 EUR 57.664
ABH Financial Ltd Vi 2.7000 6/11/2023 EUR 15.100
Societe Du Grand Par 1.0000 11/26/2051 EUR 53.418
Action Logement Serv 0.7500 7/19/2041 EUR 61.866
Metropolitan Housing 1.8750 7/28/2036 GBP 69.276
Altice France Holdin 6.0000 2/15/2028 USD 70.451
Petrobras Global Fin 4.5000 2/4/2033 EUR 70.174
JAB Holdings BV 3.7500 5/28/2051 USD 66.082
Solocal Group 9.0460 3/15/2025 EUR 68.999
Royal Schiphol Group 0.7500 4/22/2033 EUR 74.520
Enel Finance Interna 1.1250 10/17/2034 EUR 71.685
Hellenic Republic Go 2.0850 7/25/2057 EUR 32.515
University College L 1.6250 6/4/2061 GBP 52.215
ESB Finance DAC 1.8750 7/21/2035 GBP 73.810
Petrobras Global Fin 4.7500 4/2/2038 EUR 57.199
Deutsche Bahn Financ 0.8750 6/23/2039 EUR 68.402
Phosagro OAO Via Pho 2.6000 9/16/2028 USD 55.500
NRW Bank 0.1000 7/9/2035 EUR 69.402
GTLK Europe Capital 4.9490 2/18/2026 USD 20.425
CK Hutchison Group T 2.6250 10/17/2034 GBP 73.055
Jyske Realkredit A/S 1.0000 10/1/2053 DKK 69.010
Catalyst Housing Ltd 3.1250 10/31/2047 GBP 70.940
State of North Rhine 0.6000 6/4/2041 EUR 65.041
Covivio 0.8750 1/20/2033 EUR 74.272
Deutsche Wohnen SE 0.5000 4/7/2031 EUR 72.087
Thomas Cook Finance 3.8750 7/15/2023 EUR 0.686
LiveWest Treasury PL 2.2500 10/10/2043 GBP 66.959
Nykredit Realkredit 0.5000 10/1/2050 DKK 70.294
Grand City Propertie 2.0000 10/25/2032 EUR 71.173
Paragon Treasury Plc 2.0000 5/7/2036 GBP 71.735
M Objekt Real Estate 6.0000 7/22/2024 EUR 47.480
Nordea Kredit Realkr 1.0000 10/1/2050 DKK 70.319
Engie SA 1.3750 6/21/2039 EUR 68.201
Erste Group Bank AG 0.5000 1/12/2037 EUR 68.963
Societe Nationale SN 1.0000 5/25/2040 EUR 65.691
TenneT Holding BV 0.1250 11/30/2032 EUR 71.115
Platform HG Financin 1.9260 9/15/2041 GBP 65.434
State of North Rhine 1.5500 6/16/2048 EUR 74.270
UkrLandFarming PLC 10.8750 3/26/2018 USD 1.784
Rusal Capital DAC 5.3000 5/3/2023 USD 41.135
RTE Reseau de Transp 1.1250 7/8/2040 EUR 67.375
National Gas Transmi 1.1250 1/14/2033 GBP 68.421
BNG Bank NV 0.1250 7/9/2035 EUR 70.017
Bayer AG 1.0000 1/12/2036 EUR 69.389
Vedanta Resources Fi 9.2500 4/23/2026 USD 73.003
National Grid Electr 0.8720 11/26/2040 EUR 58.935
RTE Reseau de Transp 0.7500 1/12/2034 EUR 74.841
Avanti Communication 9.0000 10/1/2022 USD 14.217
SABIC Capital I BV 3.0000 9/14/2050 USD 72.942
Nordea Kredit Realkr 1.0000 10/1/2053 DKK 69.006
Uralkali OJSC Via Ur 4.0000 10/22/2024 USD 19.366
Sovcombank Via SovCo 7.7500 USD 3.379
European Financial S 1.7500 7/17/2053 EUR 73.098
Wales & West Utiliti 1.8750 5/28/2041 GBP 63.467
Suek Securities DAC 3.3750 9/15/2026 USD 30.002
Niedersachsen Invest 0.2500 7/16/2035 EUR 71.692
Cardiff University 3.0000 12/7/2055 GBP 73.505
Karlou BV 7.7500 6/18/2024 USD 11.451
Notting Hill Genesis 3.2500 10/12/2048 GBP 71.685
WPP Finance 2013 2.8750 9/14/2046 GBP 63.389
Societe Du Grand Par 1.7000 5/25/2050 EUR 67.861
Cirio Finance Luxemb 7.5000 11/3/2002 EUR 2.000
Assura Financing PLC 1.6250 6/30/2033 GBP 70.785
Agence Francaise de 0.3750 5/25/2036 EUR 67.227
Orange SA 0.7500 6/29/2034 EUR 73.166
ABN AMRO Bank NV 0.4000 9/17/2041 EUR 61.170
ABN AMRO Bank NV 0.6250 1/24/2037 EUR 71.634
Wendel SE 1.3750 1/18/2034 EUR 73.000
Gazprom PJSC Via Gaz 5.1500 2/11/2026 USD 74.452
Severn Trent Utiliti 2.0000 6/2/2040 GBP 66.213
Gazprom PJSC via Gaz 3.2500 2/25/2030 USD 69.975
Societe Nationale SN 0.8750 2/28/2051 EUR 49.418
Uliving@essex3 LLP 2.7200 8/31/2066 GBP 62.550
FF Group Finance Lux 1.7500 7/3/2019 EUR 4.548
EWE AG 0.3750 10/22/2032 EUR 71.124
Orange SA 0.6250 12/16/2033 EUR 73.505
Aggregate Holdings S 5.5000 5/17/2024 EUR 39.420
Claranova SE 5.0000 7/1/2023 EUR 1.090
Prosus NV 3.8320 2/8/2051 USD 62.890
WD Invest Sarl 1.9000 10/2/2024 EUR 10.833
Societa di Progetto 3.3750 12/31/2038 EUR 71.996
Italgas SpA 0.5000 2/16/2033 EUR 71.746
Yandex NV 0.7500 9/13/2022 USD 69.360
Ile-de-France Mobili 0.6750 11/24/2036 EUR 69.893
Lithuania Government 0.7500 7/15/2051 EUR 49.957
Northern Powergrid Y 2.2500 10/9/2059 GBP 58.402
Simpar Europe SA 5.2000 1/26/2031 USD 68.871
Nykredit Realkredit 0.5000 10/1/2053 DKK 68.297
Ville de Paris 1.2000 6/25/2039 EUR 71.804
Peabody Capital No 2 3.2500 9/14/2048 GBP 72.669
OGX Austria GmbH 8.3750 4/1/2022 USD 0.263
City of Lugano Switz 0.1500 11/28/2070 CHF 44.832
Thames Water Utiliti 2.3750 4/22/2040 GBP 66.337
Caisse Francaise de 0.6250 1/20/2042 EUR 63.492
BPCE SA 3.5820 10/19/2042 USD 69.810
Saleza AS 9.0000 7/12/2021 EUR 0.203
Gazprom PJSC Via Gaz 4.9500 2/6/2028 USD 73.875
Cie Generale des Eta 0.6250 11/2/2040 EUR 63.510
Free and Hanseatic C 0.2500 2/18/2041 EUR 61.070
Serbia International 1.6500 3/3/2033 EUR 64.790
Zurich Finance Irela 1.6250 6/17/2039 EUR 73.977
Onward Homes Ltd 2.1250 3/25/2053 GBP 56.348
Nationale-Nederlande 0.0500 11/12/2040 EUR 58.166
Realkredit Danmark A 1.0000 10/1/2053 DKK 63.450
Genfit SA 3.5000 10/16/2025 EUR 26.994
PJSC Koks via IMH Ca 5.9000 9/23/2025 USD 7.483
Argenta Spaarbank NV 0.5000 10/8/2041 EUR 61.900
Cadent Finance PLC 2.2500 10/10/2035 GBP 72.386
Hellas Telecommunica 6.0540 1/15/2015 USD 0.014
Trinseo Materials Op 5.1250 4/1/2029 USD 70.981
La Poste SA 0.6250 1/18/2036 EUR 67.371
Single Platform Inve 4.0200 7/1/2052 EUR 64.902
Orpea SA 2.3000 3/6/2025 EUR 27.553
Achmea Bank NV 0.2500 9/29/2036 EUR 68.147
Region Wallonne Belg 0.6500 1/16/2051 EUR 48.327
Deutsche Bahn Financ 0.7500 7/16/2035 EUR 72.536
State of North Rhine 0.7500 8/16/2041 EUR 66.548
Jyske Realkredit A/S 1.0000 10/1/2050 DKK 70.331
Saltaire Finance PLC 1.5270 11/23/2051 GBP 54.477
City of Lausanne Swi 0.6000 7/6/2050 CHF 66.024
PREOS Global Office 7.5000 12/9/2024 EUR 40.250
University of Southa 2.2500 4/11/2057 GBP 59.504
Motability Operation 2.1250 1/18/2042 GBP 68.018
UK Municipal Bonds A 1.6250 8/26/2060 GBP 46.914
City of Lausanne Swi 0.6800 3/11/2058 CHF 60.686
Communaute Francaise 0.6250 6/11/2035 EUR 71.311
Landwirtschaftliche 0.6250 10/31/2036 EUR 73.384
Ukreximbank Via Biz 9.7500 1/22/2025 USD 32.594
Linde PLC 0.3750 9/30/2033 EUR 73.174
Manchester Airport G 2.8750 3/31/2039 GBP 73.983
TechnipFMC PLC 3.7500 10/7/2033 EUR 69.543
City of Lausanne Swi 0.5400 11/6/2062 CHF 53.437
Deutsche Lichtmiete 5.7500 1/1/2023 EUR 2.000
CRC Breeze Finance S 6.1100 5/8/2026 EUR 74.352
Bulgaria Government 1.5000 6/21/2039 BGN 47.997
Havila Shipping ASA 7.7600 1/2/2025 NOK 39.917
National Grid Electr 1.6250 10/7/2035 GBP 68.423
Banco Santander SA 0.1000 2/27/2032 EUR 74.846
Cyprus Government In 1.2500 1/21/2040 EUR 66.191
Land Securities Capi 2.7500 9/22/2059 GBP 65.061
WM Morrison Supermar 2.5000 10/1/2031 GBP 65.517
Nykredit Realkredit 0.5000 10/1/2053 DKK 66.467
Enexis Holding NV 0.3750 4/14/2033 EUR 73.792
Parnassia Groep BV 1.2000 12/1/2051 EUR 64.277
London & Quadrant Ho 2.7500 7/20/2057 GBP 61.471
Lithuania Government 1.6250 6/19/2049 EUR 66.887
Nationwide Building 0.5000 5/5/2041 EUR 63.029
London & Quadrant Ho 2.0000 10/20/2038 GBP 65.764
Terragon AG 6.5000 5/24/2024 EUR 5.000
Bayerische Landesbod 0.2500 3/21/2036 EUR 70.409
London & Quadrant Ho 3.1250 2/28/2053 GBP 68.030
Russian Foreign Bond 4.2500 6/23/2027 USD 41.836
Communaute Francaise 2.3000 4/25/2089 EUR 73.278
Lehman Brothers UK C 3.8750 EUR 18.750
Social Chain AG /The 5.7500 4/7/2024 EUR 73.000
Nostrum Oil & Gas Fi 8.0000 7/25/2022 USD 25.959
European Financial S 1.2000 2/17/2045 EUR 70.477
City of Lausanne Swi 0.0500 9/28/2054 CHF 50.286
Region de Bruxelles- 1.1210 5/11/2071 EUR 47.822
Orpea SA 3.0000 11/25/2041 EUR 27.560
European Financial S 1.3750 5/31/2047 EUR 71.667
Ministeries Van de V 0.8750 3/21/2046 EUR 58.908
Celtic Resources Hol 4.1250 10/9/2024 USD 12.302
Canary Wharf Group I 3.3750 4/23/2028 GBP 74.263
State of Bremen 0.5000 5/6/2041 EUR 63.750
Lukoil Capital DAC 3.6000 10/26/2031 USD 69.109
Stonewater Funding P 1.6250 9/10/2036 GBP 68.412
National Grid Electr 2.0000 9/16/2038 GBP 66.232
Nordea Kredit Realkr 1.0000 10/1/2053 DKK 73.716
Barclays Bank PLC 12.0000 9/24/2025 TRY 62.215
European Financial S 0.7000 1/20/2050 EUR 56.651
EYEMAXX Real Estate 5.5000 9/24/2024 EUR 2.163
NPC Ukrenergo 6.8750 11/9/2028 USD 17.722
Platform HG Financin 1.6250 8/10/2055 GBP 48.993
MMC Norilsk Nickel O 6.6250 10/14/2022 USD 72.056
BAWAG PSK Bank fuer 0.6250 6/19/2034 EUR 75.024
Croatia Government B 1.2500 3/3/2040 EUR 65.590
Cooperatieve Raboban 0.0100 11/27/2040 EUR 57.477
Royalty Pharma PLC 3.3000 9/2/2040 USD 71.857
Liquid Telecommunica 5.5000 9/4/2026 USD 74.107
Ile-de-France Mobili 0.9500 5/28/2041 EUR 65.607
Jyske Realkredit A/S 0.5000 10/1/2050 DKK 70.496
ING-DiBa AG 1.0000 5/23/2039 EUR 72.588
SNCF Reseau 0.7500 5/25/2036 EUR 71.658
Ukraine Government I 7.2530 3/15/2035 USD 18.083
Telenor ASA 0.8750 2/14/2035 EUR 72.869
Credit Agricole Ital 0.1250 3/15/2033 EUR 70.812
FF Group Finance Lux 3.2500 11/2/2021 CHF 5.533
Thomas Cook Group PL 6.2500 6/15/2022 EUR 0.305
MHP SE 7.7500 5/10/2024 USD 51.337
Cooperatieve Raboban 0.5000 10/29/2027 MXN 62.030
Salerno Pompei Napol 2.8000 1/19/2045 EUR 71.221
Alitalia-Societa Aer 5.2500 7/30/2020 EUR 0.100
State of Rhineland-P 0.3750 4/1/2041 EUR 62.724
NAK Naftogaz Ukraine 7.6250 11/8/2026 USD 18.940
Espirito Santo Finan 9.7500 12/19/2025 EUR 0.622
BAWAG PSK Bank fuer 0.3750 3/25/2041 EUR 61.076
Kommunekredit 0.0100 5/4/2034 EUR 71.418
Nordea Kredit Realkr 0.5000 10/1/2050 DKK 70.405
Regiao Autonoma Made 1.1410 12/4/2034 EUR 71.879
Alfa Bank AO Via Alf 5.5000 10/26/2031 USD 3.455
Realkredit Danmark A 1.0000 10/1/2053 DKK 73.578
Deutsche Lichtmiete 5.2500 9/1/2025 EUR 3.660
Aster Treasury Plc 1.4050 1/27/2036 GBP 69.033
EDOB Abwicklungs AG 7.5000 4/1/2012 EUR 1.537
Espirito Santo Finan 6.8750 10/21/2019 EUR 0.001
Privatbank CJSC Via 10.2500 1/23/2018 USD 3.100
Housing & Care 21 3.2880 11/8/2049 GBP 73.783
City of Lausanne Swi 0.6000 11/30/2056 CHF 61.065
Gazprom PJSC via Gaz 3.5000 7/14/2031 USD 65.076
Deutsche Lichtmiete 5.7500 12/1/2023 EUR 11.074
Scottish Hydro Elect 2.1250 3/24/2036 GBP 72.962
Land Berlin 0.1000 1/18/2041 EUR 59.001
Ile-de-France Mobili 0.2000 11/16/2035 EUR 67.304
Vnesheconombank Via 6.8000 11/22/2025 USD 5.360
Credit Bank of Mosco 7.1210 6/25/2024 USD 23.470
State of Lower Saxon 0.0500 3/9/2035 EUR 70.263
NRW Bank 0.5000 6/17/2041 EUR 64.468
ABN AMRO Bank NV 1.1250 4/23/2039 EUR 74.272
Gazprom PJSC via Gaz 4.5985 USD 53.000
Stobart Finance PLC 2.7500 5/8/2024 GBP 71.023
Constellation Automo 4.8750 7/15/2027 GBP 71.688
ESFIL-Espirito Santo 5.2500 6/12/2015 EUR 0.111
Pierre Et Vacances S 2.0000 4/1/2023 EUR 27.289
MHP Lux SA 6.2500 9/19/2029 USD 47.628
Bilt Paper BV 10.3600 USD 1.245
Autonomous Community 0.7000 7/30/2033 EUR 74.267
Turkiye Ihracat Kred 12.5400 9/14/2028 TRY 54.013
State of North Rhine 1.0000 10/16/2046 EUR 65.965
Grand City Propertie 2.0810 8/8/2034 EUR 73.773
BAWAG PSK Bank fuer 0.0100 11/19/2035 EUR 65.730
Russian Foreign Bond 7.5000 3/31/2030 USD 65.167
Autonomous Community 1.5150 6/21/2051 EUR 64.933
Kingdom of Belgium G 0.4586 7/23/2079 EUR 30.158
Kuntarahoitus Oyj 0.0500 9/10/2035 EUR 69.277
Hamon & CIE SA 3.3000 1/31/2035 EUR 46.000
Air Berlin PLC 5.6250 5/9/2019 CHF 0.233
M2 Asset Management 7.1100 2/4/2026 SEK 71.333
Fastighets AB Balder 1.2930 3/3/2031 EUR 62.861
Anchor Hanover Group 2.0000 7/21/2051 GBP 56.163
Ukraine Government I 11.6700 11/22/2023 UAH 72.564
Lehman Brothers UK C 5.1250 EUR 18.765
Ministeries Van de V 1.8630 2/28/2048 EUR 69.938
Virgolino de Oliveir 11.7500 2/9/2022 USD 0.499
Action Logement Serv 0.5000 10/30/2034 EUR 72.095
Bulgaria Government 0.5000 12/21/2029 BGN 74.695
South Eastern Power 1.7500 9/30/2034 GBP 73.845
Investitionsbank Ber 0.0500 3/2/2035 EUR 70.090
TenneT Holding BV 1.1250 6/9/2041 EUR 65.326
Motability Operation 1.5000 1/20/2041 GBP 61.592
Metinvest BV 8.5000 4/23/2026 USD 54.506
Bourbon Corp 11.6520 EUR 0.887
Junta de Castilla y 1.2750 4/7/2049 EUR 57.088
Ukraine Government B 10.9500 11/1/2023 UAH 73.744
Banco Espirito Santo 7.1250 11/28/2023 EUR 0.110
Rallye SA 1.0000 2/28/2032 EUR 3.623
Yuksel Insaat AS 9.5000 11/10/2015 USD 0.500
Jyske Realkredit A/S 1.0000 10/1/2053 DKK 73.811
Saltaire Finance PLC 2.7110 5/9/2052 GBP 71.003
de Volksbank NV 0.3750 9/16/2041 EUR 60.174
United Kingdom Gilt 1.2500 7/31/2051 GBP 55.723
Cyprus Government In 2.2500 4/16/2050 EUR 73.661
BPCE SA 3.5820 10/19/2042 USD 69.802
Raiffeisenlandesbank 0.5000 1/22/2035 EUR 72.545
Autonomous Community 2.9650 9/8/2039 JPY 64.597
Nykredit Realkredit 1.5000 10/1/2053 DKK 69.859
Russian Foreign Bond 5.8750 9/16/2043 USD 59.599
Ministeries Van de V 0.1250 10/15/2035 EUR 66.909
Nordea Kredit Realkr 1.5000 10/1/2053 DKK 69.926
CCEP Finance Ireland 1.5000 5/6/2041 EUR 69.647
Air Liquide Finance 0.3750 9/20/2033 EUR 74.740
Republic of Belarus 6.8750 2/28/2023 USD 37.653
Russian Federal Bond 7.1000 5/15/2041 RUB 74.065
Pfandbriefbank schwe 0.2500 10/6/2042 CHF 72.017
Banca Popolare di Vi 9.5000 9/29/2025 EUR 0.380
Republic of Poland G 1.7500 4/25/2032 PLN 70.204
European Primary Pla 1.7320 11/9/2055 GBP 53.346
Orbit Capital PLC 3.3750 6/14/2048 GBP 74.002
Gazprom PJSC via Gaz 2.9500 1/27/2029 USD 67.905
VST Building Technol 7.0000 6/28/2024 EUR 0.231
Iberdrola Finanzas S 1.0000 2/2/2037 EUR 70.568
Hidrovias Internatio 4.9500 2/8/2031 USD 74.374
Deutsche Lichtmiete 5.2500 2/1/2027 EUR 3.910
Region de Bruxelles- 1.2200 6/23/2053 EUR 59.363
Paradigm Homes Chari 2.2500 5/20/2051 GBP 60.656
Serbia International 2.0500 9/23/2036 EUR 59.980
Severn Trent Utiliti 0.0100 12/16/2055 GBP 52.637
Sibur Securities DAC 4.1250 10/5/2023 USD 62.554
Land Berlin 0.3500 9/9/2050 EUR 50.568
Nordea Kredit Realkr 1.5000 10/1/2053 DKK 73.583
Bellis Finco PLC 4.0000 2/16/2027 GBP 73.425
Holcim US Finance Lu 2.2400 10/15/2031 USD 73.685
Polski Fundusz Rozwo 2.0000 3/5/2030 PLN 73.308
NRW Bank 1.2500 3/21/2044 EUR 72.981
adidas AG 0.6250 9/10/2035 EUR 72.094
Nationale-Nederlande 0.3750 3/4/2041 EUR 61.722
Norske Skogindustrie 2.0000 12/30/2115 EUR 0.113
State of Bremen 0.1500 9/14/2040 EUR 60.028
Nykredit Realkredit 0.5000 10/1/2050 DKK 68.735
Zurich Finance Irela 1.6000 12/17/2052 EUR 73.043
Notting Hill Genesis 2.0000 6/3/2036 GBP 70.165
Abengoa Abenewco 2 B 1.5000 4/26/2024 USD 0.568
Caisse Francaise de 0.1250 2/15/2036 EUR 67.030
Gazprom PJSC via Gaz 1.5000 2/17/2027 EUR 67.798
blueplanet Investmen 5.5000 2/26/2026 EUR 24.106
New World Resources 8.0000 4/7/2020 EUR 0.114
Region of Ile de Fra 0.6100 7/2/2040 EUR 62.676
Norwegian Air Shuttl 7.1370 2/7/2023 SEK 40.676
Holcim Sterling Fina 2.2500 4/4/2034 GBP 74.177
City of Lausanne Swi 0.2300 11/1/2060 CHF 47.922
Deutsche Wohnen SE 2.0000 3/28/2034 EUR 72.039
Vonovia Finance BV 1.6250 10/7/2039 EUR 65.722
Landeskreditbank Bad 0.6100 11/17/2050 EUR 57.260
Prosus NV 4.0270 8/3/2050 USD 65.571
Agence France Locale 2.5500 3/20/2036 AUD 72.537
State of North Rhine 0.3750 9/2/2050 EUR 51.011
Nederlandse Watersch 0.3750 9/28/2046 EUR 55.318
State of North Rhine 0.5000 11/25/2039 EUR 66.057
Kernel Holding SA 6.5000 10/17/2024 USD 47.250
Cooperatieve Raboban 0.5000 7/30/2043 MXN 13.624
Elli Finance UK PLC 8.7500 6/15/2019 GBP 60.435
Norske Skogindustrie 7.0000 12/30/2026 EUR 0.010
Ukraine Government I 15.8400 2/26/2025 UAH 66.586
Tresu Investment Hol 7.1280 1/2/2025 EUR 44.436
Abengoa Abenewco 2 B 1.5000 4/26/2024 USD 0.568
Vier Gas Transport G 0.5000 9/10/2034 EUR 69.146
Kreditanstalt fuer W 1.1000 9/16/2051 EUR 65.708
BNG Bank NV 0.2500 11/22/2036 EUR 68.005
Clarion Funding PLC 1.2500 11/13/2032 GBP 72.112
Hylea Group SA 7.2500 12/1/2022 EUR 0.400
UniCredit Bank Austr 0.0500 9/21/2035 EUR 67.440
Martlet Homes Ltd 3.0000 5/9/2052 GBP 70.664
Ministeries Van de V 1.5000 4/11/2044 EUR 70.644
Basque Government 1.3750 10/31/2070 EUR 43.671
Raiffeisen-Landesban 0.5000 5/27/2041 EUR 62.114
Gazprom PJSC Via Gaz 4.9500 3/23/2027 USD 71.400
Southern Gas Network 1.2500 12/2/2031 GBP 74.142
Motability Operation 2.3750 7/3/2039 GBP 73.963
Region Wallonne Belg 1.0500 6/22/2040 EUR 66.892
Ukraine Government I 4.3750 1/27/2032 EUR 17.218
Muenchener Hypotheke 0.4000 8/11/2031 EUR 73.671
East Slope Residenci 0.1000 2/28/2062 GBP 68.416
Free State of Bavari 0.0100 1/18/2035 EUR 70.603
Autobahnen- und Schn 0.1000 7/16/2035 EUR 70.469
Severstal OAO Via St 3.1500 9/16/2024 USD 4.480
La Banque Postale Ho 0.2500 2/12/2035 EUR 70.736
State of North Rhine 0.8000 7/30/2049 EUR 59.744
Hacienda Investments 5.3500 2/8/2028 USD 43.854
Lehman Brothers UK C 5.7500 EUR 7.000
AXA Home Loan SFH SA 0.1250 6/25/2035 EUR 68.829
New World Resources 4.0000 10/7/2020 EUR 0.018
Ukraine Government B 19.5900 12/4/2024 UAH 65.787
Emissionszentrale fu 0.1500 9/9/2041 CHF 73.293
Jyske Realkredit A/S 1.5000 10/1/2053 DKK 73.583
Banco Espirito Santo 5.4510 EUR 0.295
Nykredit Realkredit 1.0000 10/1/2053 DKK 63.497
Muenchener Hypotheke 0.2500 5/2/2036 EUR 69.177
State of Bremen 0.4500 2/24/2051 EUR 51.800
Ukraine Government B 19.7500 5/21/2025 UAH 65.610
Land Berlin 0.1250 6/4/2035 EUR 70.412
Sairgroup Finance BV 4.3750 6/8/2006 EUR 1.964
Nederlandse Watersch 0.5000 4/26/2051 EUR 51.990
de Volksbank NV 0.1250 11/19/2040 EUR 58.764
Kreditanstalt fuer W 0.3750 5/20/2036 EUR 71.690
SNCF Reseau 0.3500 7/25/2047 EUR 73.961
Alno AG 8.5000 5/14/2018 EUR 16.917
Penarian Housing Fin 3.2120 6/7/2052 GBP 74.052
BPCE SFH SA 0.5000 1/23/2035 EUR 72.968
Mallinckrodt Interna 10.0000 4/15/2025 USD 68.024
Aroundtown SA 3.2500 11/12/2032 EUR 65.940
Air Berlin Finance B 8.5000 3/6/2019 EUR 0.330
Credit Suisse AG/Lon 9.0000 4/22/2024 USD 31.750
Veneto Banca SpA 9.8776 12/1/2025 EUR 0.711
National Grid Electr 1.6080 8/24/2040 GBP 48.874
Landesbank Hessen-Th 0.5000 1/19/2037 EUR 71.039
Sberbank of Russia V 5.1250 10/29/2022 USD 32.467
Barclays Bank PLC 2.6000 1/31/2028 EUR 66.540
Canton of St Gallen 0.2000 11/28/2041 CHF 74.417
Muenchener Hypotheke 1.0000 4/18/2039 EUR 73.265
SRV Group Oyj 4.8750 EUR 56.000
GN Store Nord AS 1.9700 3/3/2036 EUR 74.935
Banco Espirito Santo 5.2710 EUR 2.270
Nederlandse Gasunie 0.7500 10/13/2036 EUR 67.207
Midland Heart Capita 1.8310 8/12/2050 GBP 54.258
Kommunekredit 0.3750 2/3/2045 DKK 57.748
Bromford Housing Gro 2.5540 3/17/2054 GBP 60.430
Blend Funding PLC 2.4670 6/16/2061 GBP 55.039
Russian Foreign Bond 5.6250 4/4/2042 USD 63.500
Virgolino de Oliveir 10.5000 1/28/2018 USD 0.499
Aeroports de la Cote 2.5000 7/9/2036 EUR 74.847
State of Saarland 0.0500 11/5/2040 EUR 59.272
Ukraine Government I 7.7500 9/1/2029 USD 19.984
Tinkoff Bank JSC Via 6.0000 USD 41.107
Realkredit Danmark A 1.5000 10/1/2053 DKK 73.531
Gemeente Bergen OP Z 0.4400 9/20/2044 EUR 58.521
Barclays Bank PLC 0.5000 1/28/2033 MXN 34.253
Dexia SA 4.2920 EUR 3.120
Abengoa Abenewco 2 S 1.5000 10/26/2024 USD 0.827
Pfandbriefzentrale d 0.2000 5/22/2042 CHF 71.564
LiveWest Treasury PL 1.8750 2/18/2056 GBP 52.736
Russian Foreign Bond 4.3750 3/21/2029 USD 40.646
State of Brandenburg 0.0500 8/10/2040 EUR 59.046
Magyar Export-Import 2.0000 10/27/2027 HUF 66.752
Evraz PLC 5.2500 4/2/2024 USD 52.615
MHP Lux SA 6.9500 4/3/2026 USD 48.898
Irish Bank Resolutio 0.5660 6/21/2016 EUR 0.679
Muenchener Hypotheke 0.2500 3/29/2041 CHF 73.262
Realkredit Danmark A 0.5000 10/1/2050 DKK 70.311
Abengoa Abenewco 1 S 6.0000 6/10/2022 EUR 0.435
Ukraine Government I 7.7500 9/1/2026 USD 20.488
Muenchener Hypotheke 0.1250 9/5/2035 EUR 69.403
Caisse Francaise de 0.5000 10/1/2046 EUR 56.651
Intesa Sanpaolo SpA 1.4000 2/8/2031 GBP 71.466
Flextronics Internat 3.6000 12/6/2031 HUF 66.000
Nordea Kredit Realkr 0.5000 10/1/2050 DKK 68.880
Eastern Power Networ 1.8750 6/1/2035 GBP 73.366
Northern Electric Fi 2.7500 5/24/2049 GBP 69.669
Autonomous Community 2.3000 5/24/2049 EUR 72.260
Pfandbriefbank schwe 0.2500 3/15/2041 CHF 73.533
Schoeller Packaging 6.3750 11/1/2024 EUR 67.698
Land Thueringen 0.1250 1/13/2051 EUR 46.207
Agrokor dd 9.8750 5/1/2019 EUR 15.000
Muenchener Hypotheke 0.0100 11/2/2040 EUR 58.082
Master & Fellows of 3.0680 4/28/2065 GBP 72.126
Mobile Telesystems O 5.0000 5/30/2023 USD 25.390
Cooperatieve Raboban 0.5000 10/30/2043 MXN 13.225
Diebold Nixdorf Dutc 9.0000 7/15/2025 EUR 66.164
Romanian Government 2.8750 4/13/2042 EUR 59.654
Channel Link Enterpr 3.8480 6/30/2050 GBP 71.577
Ile-de-France Mobili 1.0000 12/2/2043 EUR 62.834
Aragvi Finance Inter 8.4500 4/29/2026 USD 73.508
Single Platform Inve 0.7000 9/20/2041 EUR 60.620
Land Thueringen 0.1000 7/9/2035 EUR 69.958
ALROSA Finance SA 3.1000 6/25/2027 USD 10.200
AXA Bank Europe SCF 0.2500 6/9/2040 EUR 60.921
State of Lower Saxon 0.2500 4/15/2036 EUR 69.938
Metalloinvest Financ 3.3750 10/22/2028 USD 53.000
Russian Foreign Bond 5.1000 3/28/2035 USD 41.063
BPCE SFH SA 0.3750 3/18/2041 EUR 61.168
Ideal Standard Inter 6.3750 7/30/2026 EUR 50.666
Ukraine Government I 6.8760 5/21/2031 USD 18.519
Nordea Kredit Realkr 0.5000 10/1/2053 DKK 66.498
Cirio Holding Luxemb 6.2500 2/16/2004 EUR 0.750
Espirito Santo Finan 3.1250 12/2/2018 EUR 0.622
NRW Bank 1.2500 5/13/2049 EUR 70.039
Heimstaden Bostad AB 2.8000 5/4/2035 EUR 66.182
LBI ehf 6.1000 8/25/2011 USD 10.162
Pfandbriefbank schwe 0.3750 1/24/2042 CHF 74.732
Metinvest BV 7.7500 10/17/2029 USD 50.000
Free and Hanseatic C 0.2000 9/3/2049 EUR 49.290
Kreditanstalt fuer W 1.0000 10/19/2050 EUR 64.017
KTG Agrar SE 7.1250 6/6/2017 EUR 2.001
Hospices Civils de L 0.5970 11/24/2031 EUR 74.667
Romanian Government 3.3750 1/28/2050 EUR 61.369
Blend Funding PLC 3.5080 5/4/2057 GBP 73.771
Lukoil International 4.7500 11/2/2026 USD 74.399
DekaBank Deutsche Gi 1.1000 11/25/2030 EUR 73.033
Sidetur Finance BV 10.0000 4/20/2016 USD 0.770
Muenchener Hypotheke 0.0100 10/19/2039 EUR 59.777
Development Bank of 6.7500 5/2/2024 USD 40.333
Abengoa Abenewco 2 S 1.5000 10/26/2024 USD 1.153
Steilmann SE 7.0000 9/23/2018 EUR 1.429
Orbit Capital PLC 2.0000 11/24/2038 GBP 66.501
Norddeutsche Landesb 0.9000 7/5/2032 EUR 74.189
DLR Kredit A/S 1.5000 10/1/2053 DKK 74.457
Herens Midco Sarl 5.2500 5/15/2029 EUR 68.167
Banca Popolare di Vi 2.8210 12/20/2017 EUR 0.396
State Savings Bank o 11.9957 1/19/2024 USD 32.488
Romanian Government 1.7500 7/13/2030 EUR 73.936
Credit Bank of Mosco 5.5500 2/14/2023 USD 21.807
Sberbank of Russia V 5.2500 5/23/2023 USD 32.633
Raiffeisenlandesbank 0.3750 1/15/2035 EUR 71.260
Mallinckrodt Interna 10.0000 6/15/2029 USD 54.000
Region de Bruxelles- 1.4000 3/11/2054 EUR 59.649
Gazprom PJSC via Gaz 3.8970 EUR 56.086
Landwirtschaftliche 0.0100 11/26/2040 EUR 58.938
OGX Austria GmbH 8.3750 4/1/2022 USD 0.263
INVEST-DEVELOPMENT P 9.0000 4/2/2026 RUB 24.010
MMK International Ca 4.3750 6/13/2024 USD 26.505
State of Brandenburg 0.6000 10/13/2051 EUR 54.349
Wirtschafts- und Inf 0.5000 8/28/2046 EUR 54.000
DZ Bank AG Deutsche 1.0550 3/11/2031 EUR 72.286
Odea Bank AS 8.6060 8/1/2027 USD 74.978
Island Offshore Ship 5.6800 6/30/2024 NOK 30.000
Ukraine Government I 7.7500 9/1/2025 USD 21.710
Stichting Afwikkelin 5.1430 EUR 44.375
Ukraine Government I 7.3750 9/25/2034 USD 17.934
Romanian Government 4.0000 2/14/2051 USD 69.597
DLR Kredit A/S 1.0000 10/1/2053 DKK 74.669
State of Brandenburg 0.5000 11/21/2039 EUR 66.258
Malta Government Bon 1.8000 8/28/2051 EUR 64.130
Ukraine Government I 8.9940 2/1/2026 USD 20.846
Ville de Paris 0.6500 11/25/2070 EUR 35.024
Societe Generale SA 14.0000 1/10/2025 USD 72.800
Privatbank CJSC Via 11.0000 2/9/2021 USD 1.000
Intesa Sanpaolo SpA 2.5000 10/14/2031 USD 73.866
Sovcombank Via SovCo 7.6000 USD 4.521
Pfandbriefbank schwe 0.1250 8/17/2040 CHF 72.506
Canton of Geneva Swi 0.5000 10/31/2056 CHF 66.444
Dexia Credit Local S 3.5330 EUR 2.688
Alfa Bank AO Via Alf 5.9500 4/15/2030 USD 3.710
Department of L'Eure 0.5150 5/25/2040 EUR 61.210
Luzerner Kantonalban 0.1600 12/23/2043 CHF 68.827
Nykredit Realkredit 1.0000 10/1/2050 DKK 70.212
Evraz PLC 5.3750 3/20/2023 USD 49.442
Transports Publics D 0.4500 12/29/2056 CHF 62.314
Russian Foreign Bond 5.2500 6/23/2047 USD 40.858
PIK Securities DAC 5.6250 11/19/2026 USD 41.750
Ministeries Van de V 1.0000 1/23/2051 EUR 56.723
Barclays Bank PLC 5.0000 11/1/2029 BRL 61.912
State of Schleswig-H 0.2000 8/15/2039 EUR 63.152
Cirio Finanziaria Sp 8.0000 12/21/2005 EUR 0.125
Standard Chartered B 3.0000 4/30/2036 AUD 71.184
Single Platform Inve 1.2200 8/24/2047 EUR 62.562
Signa Development Fi 5.5000 7/23/2026 EUR 74.137
Canton of Zurich 0.1000 6/23/2045 CHF 69.542
SAir Group 0.1250 7/7/2005 CHF 11.500
Transcapitalbank JSC 10.0000 USD 63.932
Rhaetische Bahn AG R 0.0500 8/3/2050 CHF 61.251
Land Baden-Wuerttemb 0.1250 11/19/2040 EUR 59.957
Aktia Bank Oyj 0.8000 2/26/2036 EUR 70.014
Sovcombank Via SovCo 7.7500 USD 3.379
Hungary Government I 3.1250 9/21/2051 USD 61.833
Region Wallonne Belg 1.8050 1/24/2040 EUR 74.064
UniCredit Bank AG 0.0100 1/21/2036 EUR 67.383
LSF9 Balta Issuer SA 3.0000 12/31/2030 EUR 61.983
Credit Agricole SA 4.4000 2/24/2042 AUD 66.072
Aroundtown SA 2.9700 9/26/2033 EUR 61.762
Novolipetsk Steel Vi 4.0000 9/21/2024 USD 63.444
SNCF Reseau 2.0000 2/5/2048 EUR 72.788
Realkredit Danmark A 0.5000 10/1/2053 DKK 68.296
Banco Espirito Santo 6.8750 7/15/2016 EUR 25.375
Agence France Locale 0.2100 12/20/2035 EUR 67.623
Waste Italia SpA 10.5000 11/15/2019 EUR 0.550
Credit Suisse Intern 9.5000 3/24/2026 UAH 65.080
Region Wallonne Belg 1.2500 6/22/2071 EUR 51.439
Republic of Belarus 6.2000 2/28/2030 USD 32.000
Realkredit Danmark A 0.5000 10/1/2053 DKK 66.481
Pfandbriefbank schwe 0.5000 1/25/2044 CHF 74.906
Nostrum Oil & Gas Fi 7.0000 2/16/2025 USD 25.941
Credit Suisse AG/Lon 2.3000 9/24/2031 USD 68.929
Tennor Finance BV 5.7500 6/17/2024 EUR 70.000
Republic of Belarus 7.6250 6/29/2027 USD 41.810
Dublin Port Co 2.4060 9/30/2049 EUR 72.429
Solarworld AG 9.6910 2/24/2019 EUR 14.875
CBo Territoria 3.7500 7/1/2024 EUR 4.740
City of Bern Switzer 0.0400 10/2/2070 CHF 44.928
BPCE SA 0.5000 10/21/2034 EUR 72.803
Region de Bruxelles- 0.2740 12/11/2040 EUR 55.685
Alpine Holding GmbH 5.2500 7/1/2015 EUR 0.534
Metinvest BV 5.6250 6/17/2025 EUR 55.552
Kuntarahoitus Oyj 0.9400 6/9/2064 EUR 64.746
Norwegian Air Shuttl 7.5000 11/10/2023 USD 73.395
Canton of Ticino 0.4000 6/27/2044 CHF 73.412
Wingholding Zrt 3.5000 5/20/2030 HUF 74.430
MVM Energetika Zrt 3.2500 9/3/2031 HUF 65.000
Grand City Propertie 2.5000 6/27/2039 EUR 63.396
Bayerische Landesban 1.5500 2/13/2040 EUR 56.381
Havenbedrijf Rotterd 1.1000 3/23/2051 EUR 62.309
La Financiere Atalia 6.6250 5/15/2025 GBP 66.207
DLR Kredit A/S 1.0000 10/1/2050 DKK 71.684
Bank of Valletta PLC 3.7500 6/15/2031 EUR 73.617
UniCredit Bank Austr 0.1500 4/29/2033 EUR 72.852
Bank Nadra Via NDR F 8.2500 7/31/2018 USD 0.208
Ile-de-France Mobili 1.5860 2/23/2052 EUR 65.905
Pershing Square Hold 3.0000 7/15/2032 USD 74.366
Wessex Water Service 1.2500 1/12/2036 GBP 63.591
Jain International T 7.1250 2/1/2022 USD 22.000
Land Berlin 0.1250 11/24/2045 EUR 52.409
Senivita Social Esta 6.5000 5/12/2025 EUR 3.610
Kommunekredit 0.5000 6/19/2039 DKK 66.778
Autonomous Community 1.9310 4/4/2042 EUR 73.383
Metinvest BV 7.6500 10/1/2027 USD 53.113
TBI Bank EAD 5.2500 7/30/2031 EUR 49.300
Deutsche Wohnen SE 2.1250 9/26/2033 EUR 72.980
Republic of Belarus 5.8750 2/24/2026 USD 42.013
Offshore Drilling Ho 8.3750 9/20/2020 USD 3.000
Nationale-Nederlande 0.0500 9/24/2035 EUR 67.714
Credit Suisse AG/Lon 2.6000 1/27/2032 USD 69.810
Polyus Finance PLC 3.2500 10/14/2028 USD 60.684
Ville de Paris 0.8500 8/4/2051 EUR 51.833
ABN AMRO Bank NV 1.1150 3/3/2042 EUR 71.054
Societe Generale SA 10.0000 6/28/2034 USD 58.250
Ukraine Government I 7.7500 9/1/2024 USD 24.014
Aegon Bank NV 0.3750 6/9/2036 EUR 69.832
DZ Bank AG Deutsche 0.7800 3/5/2030 EUR 73.455
Societe Generale SA 9.0000 10/31/2034 USD 65.000
Wrekin Housing Group 2.5000 10/22/2048 GBP 63.606
Italy Buoni Polienna 2.1500 9/1/2052 EUR 65.001
Autonomous Region of 1.0950 9/27/2036 EUR 69.149
Rio Forte Investment 4.0000 7/22/2014 EUR 3.311
Sovcombank Via SovCo 8.0000 4/7/2030 USD 5.516
SCF Capital Designat 5.3750 6/16/2023 USD 20.166
ALROSA Finance SA 4.6500 4/9/2024 USD 11.457
Region Provence-Alpe 0.7530 1/5/2037 EUR 70.279
State Agency of Road 6.2500 6/24/2030 USD 17.850
Societe Generale SA 9.0000 12/22/2034 USD 70.000
Banque Cantonale de 0.1000 11/1/2044 CHF 65.067
Nederlandse Watersch 0.8770 6/24/2054 EUR 63.332
Deutsche Bahn Financ 3.1000 5/20/2041 AUD 72.704
Finmek International 7.0000 12/3/2004 EUR 2.193
Barclays Bank PLC 3.0000 1/31/2028 EUR 62.673
Lehman Brothers UK C 6.9000 USD 3.986
State of Rhineland-P 1.5000 4/25/2052 EUR 71.774
Kingdom of Belgium G 1.4000 6/22/2053 EUR 65.189
Realkredit Danmark A 0.5000 10/1/2050 DKK 68.769
Privatbank CJSC Via 10.8750 2/28/2018 USD 6.534
Altice France Holdin 4.0000 2/15/2028 EUR 69.721
Bank Gospodarstwa Kr 2.0000 11/3/2036 EUR 71.310
Romanian Government 2.0000 1/28/2032 EUR 71.212
Evan Group PLC 6.0000 7/31/2022 EUR 18.500
City of Zurich Switz 0.2500 11/24/2051 CHF 65.558
Hellas Telecommunica 8.5000 10/15/2013 EUR 0.834
Elecnor SA 3.0250 9/30/2035 EUR 72.927
Free State of Saxony 0.0100 12/17/2035 EUR 68.270
Ville de Paris 0.7500 11/30/2041 EUR 62.530
Free and Hanseatic C 0.4000 11/23/2051 EUR 50.386
Havila Shipping ASA 7.0100 1/2/2025 NOK 40.000
Erotik-Abwicklungsge 7.7500 7/9/2019 EUR 0.779
Celtic Resources Hol 4.1250 10/9/2024 USD 12.302
Grand Delta Habitat 1.2850 11/6/2040 EUR 67.390
Republic of Ireland 1.4250 9/18/2119 EUR 54.158
IBP Markets Ltd 5.0000 GBP 68.581
Novolipetsk Steel Vi 4.7000 5/30/2026 USD 71.503
Credit Suisse AG/Lon 11.5000 9/25/2023 CHF 57.660
Deutsche Telekom AG 3.5000 4/15/2041 AUD 71.451
CDC Habitat SEM 0.8530 2/15/2041 EUR 64.281
Stichting Afwikkelin 6.6250 5/14/2018 EUR 43.625
Free and Hanseatic C 0.0100 11/5/2035 EUR 68.424
Societe Generale SA 12.2500 2/23/2023 USD 71.200
Windreich GmbH 6.5000 3/1/2015 EUR 2.842
Region Wallonne Belg 1.8650 5/10/2051 EUR 69.262
Region de Bruxelles- 0.7650 7/15/2052 EUR 49.115
Region Hauts-de-Fran 0.6910 7/9/2042 EUR 59.942
Societe Du Grand Par 0.5755 10/29/2052 EUR 45.129
Pershing Square Hold 3.0000 7/15/2032 USD 74.366
Deutsche Pfandbriefb 1.0000 12/2/2030 EUR 74.256
Landesbank Baden-Wue 0.9050 4/1/2041 EUR 63.772
VF Ukraine PAT via V 6.2000 2/11/2025 USD 58.810
Kommunekredit 0.6250 11/21/2039 EUR 68.387
Interpipe Holdings P 8.3750 5/13/2026 USD 47.375
Ukraine Government I 7.7500 9/1/2028 USD 19.908
AK BARS Bank Via AK 8.0000 7/13/2022 USD 31.000
LIB-Landesimmobilien 0.6200 7/15/2041 EUR 64.351
Ukraine Government I 6.7500 6/20/2028 EUR 17.669
Eurochem Finance DAC 5.5000 3/13/2024 USD 56.839
Abengoa Abenewco 1 S 6.0000 6/10/2022 EUR 0.435
Purple Protected Ass 1.5984 2/5/2061 EUR 66.785
Alpine Holding GmbH 5.2500 6/10/2016 EUR 0.534
Free State of Bavari 0.0100 3/28/2036 EUR 67.691
Erdoel-Lagergesellsc 1.2000 6/4/2043 EUR 68.825
Region of Veneto Ita 2.5560 12/7/2046 EUR 72.592
Communaute Francaise 1.0400 7/19/2101 EUR 45.921
Raiffeisen Landesban 0.2500 3/4/2036 EUR 68.321
Land Berlin 0.6250 8/25/2036 EUR 73.108
St Galler Kantonalba 0.1000 10/10/2041 CHF 69.668
ABN AMRO Bank NV 0.3750 1/14/2035 EUR 72.736
Kernel Holding SA 6.7500 10/27/2027 USD 41.333
Bulgaria Steel Finan 12.0000 5/4/2013 EUR 0.216
Lukoil Securities BV 3.8750 5/6/2030 USD 70.001
Suek Securities DAC 3.3750 9/15/2026 USD 30.002
Communaute Francaise 2.0500 7/26/2047 EUR 74.652
Caisse Francaise de 0.0100 10/19/2035 EUR 66.495
Ukraine Government B 16.0000 3/13/2024 UAH 69.117
Virgolino de Oliveir 10.8750 1/13/2020 USD 36.000
Ukraine Government I 7.7500 9/1/2027 USD 20.146
Eurohold Bulgaria AD 8.0000 12/29/2026 EUR 70.638
Uralkali OJSC Via Ur 4.0000 10/22/2024 USD 19.366
Republic of Ireland 0.8350 7/8/2080 EUR 44.788
Alpine Holding GmbH 6.0000 5/22/2017 EUR 0.534
Futureal Development 4.0000 3/23/2031 HUF 64.000
Spain Government Bon 1.9000 10/31/2052 EUR 66.750
Foodco Bondco SA 6.2500 5/15/2026 EUR 39.511
Region de Bruxelles- 1.5000 6/22/2070 EUR 56.222
OGX Austria GmbH 8.5000 6/1/2018 USD 0.012
Eurogrid GmbH 0.8750 11/20/2040 EUR 64.412
Ukraine Government I 11.6700 11/22/2023 UAH 72.564
CDC Habitat SEM 1.1700 5/4/2037 EUR 72.450
Bpifrance SACA 1.0460 5/25/2050 EUR 54.765
French Republic Gove 0.5000 6/25/2044 EUR 60.001
Wirtschafts- und Inf 0.0600 8/31/2034 EUR 70.454
Kleopatra Holdings 2 6.5000 9/1/2026 EUR 55.850
DZ Bank AG Deutsche 0.1900 1/14/2031 EUR 73.210
United Kingdom Gilt 1.5000 7/22/2047 GBP 62.729
Portugal Telecom Int 6.2500 7/26/2016 EUR 0.285
Land Berlin 0.1500 2/22/2036 EUR 69.074
Free State of Saxony 0.4000 5/12/2036 EUR 71.434
Region de Bruxelles- 0.4440 3/19/2057 EUR 38.498
Wirtschafts- und Inf 0.2080 1/28/2043 EUR 55.842
Phosphorus Holdco PL 10.0000 4/1/2019 GBP 1.430
Credit Agricole Ital 1.0000 1/17/2045 EUR 61.157
Del Monte Finance Lu 6.6250 5/24/2006 EUR 1.000
State of Rhineland-P 0.3750 3/10/2051 EUR 50.797
Russian Foreign Bond 2.8750 12/4/2025 EUR 39.464
Ukraine Government B 19.2500 8/7/2024 UAH 67.431
Praktiker AG 5.8750 2/10/2016 EUR 0.001
Grupo Antolin-Irausa 3.5000 4/30/2028 EUR 73.935
DNB Boligkreditt AS 0.9800 6/20/2044 EUR 66.988
FNG Benelux Holding 5.0000 8/28/2023 EUR 1.000
Ukraine Government I 12.5200 5/13/2026 UAH 56.408
Ville de Paris 0.4500 10/20/2045 EUR 53.655
DLR Kredit A/S 0.5000 10/1/2053 DKK 69.206
Ministeries Van de V 1.0000 10/13/2036 EUR 74.358
Specialfastigheter S 1.2150 5/14/2035 SEK 72.791
Sibur Securities DAC 4.1250 10/5/2023 USD 62.554
Credit Suisse AG/Lon 1.2500 2/22/2029 USD 71.307
State of Brandenburg 0.7500 8/8/2036 EUR 74.525
German Pellets GmbH 7.2500 7/9/2018 EUR 1.495
Barclays Bank PLC 1.5804 4/12/2039 EUR 70.900
Landesbank Hessen-Th 0.7000 1/12/2037 EUR 64.700
Kuntarahoitus Oyj 1.1500 4/1/2051 EUR 66.552
Yarlington Treasury 3.4100 9/18/2057 GBP 72.552
NRW Bank 1.0000 2/26/2050 EUR 65.023
Norwegian Air Shuttl 7.5000 11/10/2023 USD 73.395
Stelius Befektetoe Z 3.1000 9/17/2030 HUF 66.500
Joh Friedrich Behren 6.2500 6/18/2024 EUR 30.111
Communaute Francaise 0.6260 8/24/2040 EUR 62.169
BNP Paribas SA 1.5900 2/23/2051 EUR 65.819
United Kingdom Gilt 1.7500 1/22/2049 GBP 65.768
Region Wallonne Belg 1.0000 9/16/2059 EUR 46.841
Canton of Neuchatel 0.1000 10/29/2049 CHF 61.132
Russian Foreign Bond 4.7500 5/27/2026 USD 42.706
Credit Bank of Mosco 3.8750 9/21/2026 USD 30.756
Banco Santander SA 4.3900 EUR 0.233
Raiffeisen Landesban 0.3750 11/13/2034 EUR 72.592
State of Bremen 0.4000 8/20/2049 EUR 52.509
State of Lower Austr 0.4600 10/8/2049 EUR 49.624
Deutsche Pfandbriefb 0.8570 9/18/2037 EUR 54.904
Ahtium PLC 4.0000 12/16/2015 EUR 0.586
GTC Magyarorszag Zrt 2.2500 12/7/2030 HUF 67.330
Region Auvergne-Rhon 0.8920 10/21/2041 EUR 63.535
Romanian Government 2.6250 12/2/2040 EUR 59.394
HOCHTIEF AG 2.3000 4/26/2034 EUR 73.124
Ahtium PLC 9.7500 4/4/2017 EUR 0.726
BPCE SFH SA 1.2100 6/15/2039 EUR 74.866
MS Deutschland Betei 6.8750 12/18/2017 EUR 0.198
Batigere Grand Est S 1.4850 10/25/2039 EUR 70.998
State of Hesse 0.7500 8/4/2036 EUR 74.749
Heimstaden Bostad AB 2.8000 5/4/2035 EUR 66.767
Ukraine Government I 9.7500 11/1/2030 USD 19.584
Premium Green PLC 1.6100 9/30/2030 AUD 72.524
EVN AG 0.8500 10/15/2035 EUR 69.408
UniCredit SpA 0.7250 11/27/2030 EUR 69.213
ACCIONA Financiacion 1.9000 6/28/2034 EUR 71.181
National Grid Electr 1.6900 9/16/2041 GBP 57.329
NRW Bank 1.1500 9/16/2051 EUR 66.767
BASF SE 1.0250 8/13/2048 JPY 66.341
Dtek Renewables Fina 8.5000 11/12/2024 EUR 38.575
Land Thueringen 0.2500 3/5/2040 EUR 62.502
Solon SE 1.3750 12/6/2012 EUR 0.745
DZ Bank AG Deutsche 1.0000 2/18/2032 EUR 68.075
State of Brandenburg 0.3750 1/29/2035 EUR 73.740
Magyar Telekom Telec 1.4500 11/26/2027 HUF #N/A N/A
Borets Finance DAC 6.0000 9/17/2026 USD 43.000
State of Hesse 0.2270 8/20/2049 EUR 52.475
French Republic Gove 0.7500 5/25/2053 EUR 54.417
Societe Du Grand Par 2.0620 3/19/2070 EUR 71.425
State of Bremen 1.0000 5/27/2039 EUR 73.020
Societe Generale SA 1.1370 1/26/2037 EUR 70.427
Region Bretagne SCI 0.8150 6/12/2040 EUR 66.257
Cirio Del Monte NV 7.7500 3/14/2005 EUR 0.273
State of Brandenburg 0.1250 1/26/2046 EUR 52.263
Vasakronan AB 1.1300 5/27/2042 JPY 67.351
Bayerische Landesban 0.3800 1/22/2031 EUR 74.008
State of Saarland 1.1080 5/18/2046 EUR 68.298
Cooperatieve Raboban 0.5000 11/30/2027 MXN 61.851
Ukraine Government I 7.3750 9/25/2034 USD 18.640
GB Social Housing PL 3.8140 4/9/2047 GBP 74.272
Kingdom of Belgium G 2.7500 6/10/2071 USD 68.792
Aargau Verkehr AG 0.2700 11/29/2049 CHF 71.618
Anglian Water Servic 0.8500 12/23/2040 JPY 72.666
Pro-Gest SpA 3.2500 12/15/2024 EUR 73.861
Norske Skog Holding 8.0000 2/24/2021 EUR 0.006
O1 Properties Financ 0.5000 9/27/2028 USD 5.251
Banco Espirito Santo 6.9000 6/28/2024 EUR 25.321
Virgolino de Oliveir 10.5000 1/28/2018 USD 0.499
Malta Government Bon 2.4000 8/13/2052 EUR 72.190
Caixa Economica Mont 5.7380 EUR 51.580
VTB Bank PJSC Via VT 9.5000 USD 16.719
BPCE SA 4.7510 EUR 66.400
Sairgroup Finance BV 6.6250 10/6/2010 EUR 1.964
Land Thueringen 0.3750 12/1/2051 EUR 49.999
Magyar Export-Import 2.5000 5/23/2029 HUF 69.274
Nobel Bidco BV 3.1250 6/15/2028 EUR 71.958
Landesbank Baden-Wue 1.3000 6/21/2049 EUR 63.608
Swissgrid AG 0.0500 6/30/2050 CHF 54.050
Basque Government 1.0000 10/31/2050 EUR 50.963
Landesbank Baden-Wue 4.8694 1/30/2034 EUR 74.760
FLUVIUS System Opera 0.8100 4/8/2033 EUR 70.607
Grand City Propertie 2.8000 2/25/2039 EUR 66.861
Saastopankkien Kesku 0.8600 1/18/2036 EUR 69.741
Region de Bruxelles- 1.7100 5/5/2047 EUR 68.570
Credit Suisse AG/Lon 3.2000 3/24/2032 USD 72.357
State of Brandenburg 0.3000 10/4/2049 EUR 50.933
Batigere Grand Est S 1.6000 11/14/2044 EUR 67.698
Raiffeisenlandesbank 0.9980 11/4/2033 EUR 69.969
Kelag-Kaerntner Elek 1.1500 4/16/2041 EUR 62.464
Avanti Communication 9.0000 10/1/2022 USD 14.217
State of Rhineland-P 0.3750 7/20/2048 EUR 51.428
Depfa Funding II LP 6.5000 EUR 58.500
Europejskie Centrum 12.9500 4/14/2023 PLN 62.657
EOS Imaging SA 6.0000 5/31/2023 EUR 7.250
Frigoglass Finance B 6.8750 2/12/2025 EUR 28.260
UBS AG/London 14.7500 3/29/2023 CHF 29.700
Alno AG 8.0000 3/21/2019 EUR 14.500
Region Hauts-de-Fran 0.4020 2/18/2043 EUR 54.950
Nederlandse Watersch 1.9000 1/31/2035 AUD 69.847
Romanian Government 3.3750 1/28/2050 EUR 61.305
Agrokor dd 8.8750 2/1/2020 USD 15.000
Credit Agricole Ital 0.7500 1/20/2042 EUR 61.167
Elia Transmission Be 1.5600 1/30/2044 EUR 72.489
Region Wallonne Belg 0.5000 6/22/2037 EUR 66.297
Purple Protected Ass 2.1000 4/15/2060 EUR 49.564
Gazprom PJSC via Gaz 1.8500 11/17/2028 EUR 64.371
Communaute Francaise 0.7820 2/8/2061 EUR 42.810
State of Bremen 0.5500 2/4/2050 EUR 54.299
Credit Bank of Mosco 7.6250 USD 19.522
Grand City Propertie 2.6000 2/25/2034 EUR 71.935
Carmila SA 1.8900 11/6/2031 EUR 70.593
Romanian Government 2.0000 4/14/2033 EUR 68.718
Barclays Bank PLC 2.0000 5/7/2036 MXN 17.990
United Kingdom Gilt 1.6250 10/22/2071 GBP 55.636
Malta Government Bon 1.4000 8/20/2046 EUR 63.880
Standard Profil Auto 6.2500 4/30/2026 EUR 63.740
Single Platform Inve 0.8150 4/1/2042 EUR 60.061
Comunidad Foral de N 1.8000 3/25/2042 EUR 72.643
Credit Agricole Corp 2.6100 7/27/2050 USD 61.476
Global Ports Finance 6.5000 9/22/2023 USD 25.000
Nordea Kredit Realkr 1.0000 10/1/2053 DKK 63.482
Eurotorg LLC Via Bon 9.0000 10/22/2025 USD 56.035
Rena GmbH 7.0000 12/15/2015 EUR 0.054
Caisse de Refinancem 0.2500 2/7/2035 EUR 71.111
Societe Generale SA 2.8800 9/10/2034 AUD 67.855
Autonomous Community 0.8100 10/31/2040 EUR 60.819
Richter Gedeon Nyrt 1.7500 6/4/2031 HUF 68.500
Kingdom of Belgium G 0.6500 6/22/2071 EUR 42.777
City of St Gallen 0.1400 9/16/2044 CHF 69.728
LFA Foerderbank Baye 0.1250 9/30/2038 EUR 63.479
MFB Magyar Fejleszte 4.2000 4/20/2033 HUF 70.004
Italy Buoni Polienna 2.8000 3/1/2067 EUR 71.166
Takarek Mortgage Ban 3.0000 10/22/2031 HUF 63.600
BNP Paribas SA 2.8400 8/26/2039 AUD 59.333
Assa Abloy AB 0.6500 8/28/2034 EUR 72.879
State of North Rhine 0.2000 7/17/2034 EUR 73.296
Deutsche Pfandbriefb 1.3400 10/16/2051 EUR 70.911
Barclays Bank PLC 6.4000 6/16/2031 MXN 69.399
Region de Bruxelles- 1.1000 6/22/2066 EUR 48.820
Morhomes PLC 2.5080 2/19/2051 GBP 61.059
Sibur Securities DAC 2.9500 7/8/2025 USD 70.500
Batigere Grand Est S 1.4000 8/31/2050 EUR 61.376
NRW Bank 0.1055 8/17/2050 EUR 51.199
Takarek Mortgage Ban 3.0000 8/21/2030 HUF 66.500
Pfandbriefzentrale d 0.2500 6/12/2040 CHF 74.434
Deutsche Wohnen SE 1.7000 12/5/2036 EUR 69.930
Jyske Realkredit A/S 1.5000 10/1/2053 DKK 69.883
Bayerische Landesban 1.8500 3/5/2031 EUR 74.066
Gecci Investment KG 6.0000 10/1/2027 EUR 23.632
Agence Francaise de 2.1140 9/8/2034 AUD 72.108
Basque Government 2.0000 4/30/2059 EUR 63.068
Single Platform Inve 0.9460 5/25/2036 EUR 69.844
Barclays Bank PLC 2.3200 1/11/2041 USD 58.063
Russian Agricultural 8.5000 10/16/2023 USD 13.880
Republic of Ireland 0.7400 11/27/2120 EUR 31.035
Finance and Credit B 9.2500 1/25/2019 USD 0.001
MMC Norilsk Nickel O 2.8000 10/27/2026 USD 70.324
Ukraine Government I 9.7900 5/26/2027 UAH 52.531
Realkredit Danmark A 1.5000 10/1/2053 DKK 69.763
Caisse des Depots et 0.3980 12/15/2050 EUR 46.167
Polyus Finance PLC 4.7000 1/29/2024 USD 60.000
Sovcombank Via SovCo 3.4000 1/26/2025 USD 3.014
Nordea Kredit Realkr 0.5000 10/1/2053 DKK 68.415
Banco Santander SA 0.0100 10/1/2032 EUR 67.272
Norske Skogindustrie 7.1250 10/15/2033 USD 0.010
MMC Norilsk Nickel O 6.6250 10/14/2022 USD 72.056
Haya Holdco 2 PLC 10.9540 11/30/2025 EUR 42.794
V-Bank AG 4.0000 EUR 70.053
Rusal Capital DAC 5.3000 5/3/2023 USD 41.135
Land Thueringen 0.2000 9/12/2039 EUR 62.922
Land Baden-Wuerttemb 1.1500 4/5/2049 EUR 71.643
LFA Foerderbank Baye 0.0100 12/15/2033 EUR 72.470
Free and Hanseatic C 1.0950 6/13/2046 EUR 69.719
COFIDUR SA 0.1000 12/31/2024 EUR 32.100
Novolipetsk Steel Vi 1.4500 6/2/2026 EUR 70.832
Land Baden-Wuerttemb 0.3750 7/20/2048 EUR 52.911
Republic of Austria 2.1000 9/20/2117 EUR 74.451
Malta Government Bon 1.5000 10/22/2045 EUR 64.350
Societe Generale SA 2.4800 7/17/2040 USD 55.943
Pfandbriefbank schwe 0.3750 6/15/2046 CHF 70.640
Ministeries Van de V 0.6340 11/19/2060 EUR 38.421
Societe Centrale des 2.5000 5/15/2023 EUR 6.880
Malta Government Bon 2.0000 7/10/2051 EUR 67.880
Barclays Bank PLC 1.2400 11/14/2034 EUR 75.256
Credit Agricole Corp 1.5500 9/8/2031 AUD 71.895
Windreich GmbH 6.5000 7/15/2016 EUR 2.842
Slovenska Sporitelna 4.8200 EUR 73.267
Bank Julius Baer & C 7.0000 9/12/2023 USD 71.650
Landesbank Baden-Wue 4.8694 1/30/2034 EUR 72.270
Pfandbriefbank schwe 0.2500 1/24/2041 CHF 73.904
Pfandbriefzentrale d 0.0200 1/30/2040 CHF 71.680
Deutsche Bahn Financ 1.8500 11/23/2043 EUR 73.555
Societe Nationale SN 1.2800 3/27/2120 EUR 35.794
State of Lower Austr 1.0000 9/15/2121 EUR 33.653
Societe Generale SA 3.9200 12/9/2036 AUD 70.356
Italy Buoni Polienna 0.9500 3/1/2037 EUR 66.116
LSF9 Balta Issuer SA 3.0000 12/31/2030 EUR 61.983
BOA Offshore AS 0.4087 7/17/2047 NOK 3.264
A-TEC Industries AG 8.7500 10/27/2014 EUR 0.100
Heta Asset Resolutio 3.1770 12/31/2023 EUR 1.580
La Banque Postale Ho 0.6400 1/27/2042 EUR 66.635
Corporate Commercial 8.2500 8/8/2014 USD 0.308
National Grid Electr 2.9200 9/30/2044 AUD 66.677
Batigere Grand Est S 1.5000 12/15/2051 EUR 64.499
Belfius Bank SA 0.1250 6/19/2034 EUR 71.529
Barclays Bank PLC 4.1000 1/29/2048 USD 76.942
VTB Bank OJSC Via VT 6.2500 6/30/2035 USD 22.826
Vnesheconombank Via 5.9420 11/21/2023 USD 7.755
Land Berlin 0.0500 8/6/2040 EUR 58.954
Skandinaviska Enskil 5.0500 1/15/2025 SEK #N/A N/A
Leonteq Securities A 18.0000 2/22/2023 CHF 72.740
ABN AMRO Bank NV 0.5000 12/12/2039 EUR 65.477
Ukraine Government B 4.0000 1/25/2024 USD 54.168
Caisse Francaise de 1.0925 10/14/2051 EUR 64.355
Communaute Francaise 1.3800 11/7/2046 EUR 63.508
ING Bank NV 0.4650 4/21/2041 EUR 64.387
Bayerische Landesban 1.8200 5/12/2031 EUR 73.458
Steilmann SE 7.0000 3/9/2017 EUR 1.429
Region de Bruxelles- 1.6200 4/30/2049 EUR 66.546
Orient Express Bank 2.0000 USD 18.160
DZ HYP AG 1.4300 10/26/2046 EUR 69.250
Region Wallonne Belg 1.1350 10/10/2069 EUR 47.192
Deutsche Bank AG 1.7250 1/16/2045 EUR 50.953
Anglian Water Servic 1.7600 11/13/2035 GBP 69.766
Raiffeisen Schweiz G 8.5000 2/20/2023 CHF 51.530
Golden Gate GmbH 6.5000 10/11/2014 EUR 36.000
CPI Hungary Investme 2.2500 8/7/2030 HUF 55.000
Region Wallonne Belg 1.2200 6/12/2050 EUR 57.826
Ministeries Van de V 0.8750 6/3/2045 EUR 55.874
BAE Systems PLC 3.0000 9/15/2050 USD 67.802
Thames Water Utiliti 2.4420 5/12/2050 GBP 55.312
Region Wallonne Belg 1.2460 5/12/2070 EUR 51.240
Single Platform Inve 0.8000 12/20/2040 EUR 62.666
ING Bank NV 2.2200 1/20/2036 USD 73.501
Region of Centre-Val 0.7110 11/2/2036 EUR 70.750
Nationwide Building 0.4850 7/11/2044 CHF 71.621
JAB Holdings BV 3.7500 5/28/2051 USD 64.340
Credit Industriel Et 2.2500 1/28/2036 USD 69.708
Chelyabinsk Pipe Pla 4.5000 9/19/2024 USD 21.099
Vnesheconombank Via 6.0250 7/5/2022 USD 6.251
International Financ 0.5000 6/29/2027 ZAR 68.357
Single Platform Inve 1.0500 3/17/2039 EUR 66.915
State of Lower Austr 0.5500 11/13/2080 EUR 32.073
Landesbank Hessen-Th 1.6500 5/27/2030 EUR 9.351
UBS AG/London 15.7500 2/27/2023 CHF 41.350
Jain International T 7.1250 3/31/2026 USD 27.547
Communaute Francaise 0.7882 8/30/2049 EUR 51.856
DNB Bank ASA 1.1850 1/14/2038 EUR 71.039
CDC Habitat SEM 1.0600 5/22/2036 EUR 72.251
Barclays Bank PLC 2.0700 12/18/2035 USD 63.341
Autonomous Community 1.8500 5/13/2061 EUR 56.488
Landeskreditbank Bad 2.5000 5/21/2036 AUD 70.423
Caisse des Depots et 1.0050 11/5/2050 EUR 56.533
Jyske Realkredit A/S 0.5000 10/1/2053 DKK 68.314
Sparekassen Bredebro 3.7500 4/15/2031 DKK 70.510
Affinity Water Finan 0.2300 11/22/2042 GBP 70.982
Grupo Isolux Corsan 6.0000 12/30/2021 EUR 0.253
Stichting Afwikkelin 8.4500 8/20/2018 USD 43.625
Single Platform Inve 1.0510 4/1/2042 EUR 64.617
State of Brandenburg 0.3000 11/17/2045 EUR 55.101
Raiffeisen Bank Inte 0.2900 11/11/2030 EUR 72.929
Bankinter SA 1.2000 6/5/2035 EUR 75.082
Landesbank Baden-Wue 10.0000 1/26/2024 EUR 48.220
Joh Friedrich Behren 7.7500 11/11/2020 EUR 32.050
getgoods.de AG 7.7500 10/2/2017 EUR 0.527
Purple Protected Ass 2.0600 3/30/2061 EUR 58.224
State of North Rhine 1.8500 3/18/2089 EUR 61.102
Single Platform Inve 1.5348 5/25/2052 EUR 66.661
Heta Asset Resolutio 2.2900 12/31/2023 EUR 1.563
Grand Delta Habitat 1.4250 2/26/2048 EUR 63.667
Republic of Ireland 0.9950 2/24/2121 EUR 40.406
Bazalgette Finance P 0.0740 5/16/2049 GBP 63.013
DZ Bank AG Deutsche 1.0700 10/6/2042 EUR 70.504
Malta Government Bon 1.0000 8/23/2035 EUR 73.541
Luzerner Kantonalban 0.2500 8/28/2040 CHF 73.272
Kreditanstalt fuer W 0.7878 11/4/2039 EUR 70.783
Kingdom of Belgium G 0.5580 9/24/2077 EUR 33.619
Single Platform Inve 0.9400 10/4/2041 EUR 62.513
Kreditanstalt fuer W 0.9800 2/9/2042 EUR 71.623
Romanian Government 2.7500 4/14/2041 EUR 59.728
SAir Group 6.2500 10/27/2002 CHF 11.343
National Grid Electr 1.1510 2/20/2040 EUR 61.165
SG Issuer SA 2.2500 10/28/2029 EUR 71.440
Societe Generale SA 12.1000 2/16/2023 USD 73.000
Raiffeisen Bank Inte 10.0000 2/12/2024 EUR 47.500
Mifa Mitteldeutsche 7.5000 8/12/2018 EUR 2.200
Caisse des Depots et 1.4600 1/24/2052 EUR 62.991
Ministeries Van de V 1.0530 6/3/2050 EUR 55.683
Wirtschafts- und Inf 0.1380 8/23/2044 EUR 53.225
DLR Kredit A/S 1.0000 10/1/2053 DKK 69.792
Region de Bruxelles- 1.5280 4/5/2049 EUR 65.063
Autonomous Community 1.4420 10/26/2049 EUR 59.089
DZ Bank AG Deutsche 0.5300 7/26/2033 EUR 69.730
BNG Bank NV 1.7900 1/21/2049 EUR 74.639
Land Berlin 0.5000 6/19/2047 EUR 60.196
Canton of Neuchatel 0.3500 7/14/2050 CHF 65.313
Region de Bruxelles- 0.6400 7/20/2045 EUR 54.448
CDC Habitat SEM 1.1500 4/30/2037 EUR 72.214
Republic of Belarus 6.3780 2/24/2031 USD 32.833
Jyske Realkredit A/S 0.5000 10/1/2053 DKK 66.524
Societe Generale SA 0.8310 11/25/2031 EUR 71.563
Danske Bank A/S 0.9100 10/17/2039 JPY 70.747
German Pellets GmbH 7.2500 11/27/2019 EUR 1.495
Quintet Private Bank 3.6500 11/13/2023 EUR 7.500
UBS AG/London 9.2500 2/28/2024 USD 9.820
Municipality of Tilb 0.4700 11/14/2034 EUR 74.640
Muenchener Hypotheke 0.5500 2/18/2046 CHF 63.638
LFA Foerderbank Baye 0.2500 3/19/2037 EUR 68.238
Region of Pays de la 0.8770 10/28/2041 EUR 65.335
Proximus SADP 1.5000 5/14/2040 EUR 66.575
Banco Santander SA 1.0000 1/14/2034 EUR 71.173
Single Platform Inve 1.0500 6/25/2044 EUR 62.976
Ministeries Van de V 1.5640 11/12/2046 EUR 67.670
Region de Bruxelles- 1.8190 1/22/2048 EUR 72.532
Purple Protected Ass 1.5650 12/23/2060 EUR 64.170
Pfandbriefbank schwe 0.3750 9/23/2043 CHF 73.091
Luzerner Kantonalban 0.1500 10/7/2044 CHF 67.248
German Pellets GmbH 7.2500 4/1/2016 EUR 1.495
UBS AG 9.0000 3/31/2023 USD 50.100
Erste Jelzalogbank z 2.5000 10/22/2028 HUF 70.870
Free and Hanseatic C 0.3000 9/16/2050 EUR 49.749
Region de Bruxelles- 1.3100 12/15/2069 EUR 49.710
State of Lower Austr 0.8150 9/22/2056 EUR 49.870
Erste Group Bank AG 0.7700 11/13/2033 EUR 72.511
Societe Du Grand Par 1.1490 4/8/2069 EUR 49.690
Swissgrid AG 0.2000 6/29/2040 CHF 68.719
Erste Group Bank AG 0.8800 2/12/2035 EUR 71.842
Rena GmbH 8.2500 7/11/2018 EUR 0.054
Premium Green PLC 1.6300 12/30/2030 AUD 71.889
Portugal Telecom Int 5.2420 11/6/2017 EUR 0.694
Moby SpA 7.7500 2/15/2023 EUR 58.311
DZ HYP AG 1.3000 7/18/2041 EUR 70.782
Landesbank Hessen-Th 1.5000 7/26/2034 EUR 69.500
Wingholding Zrt 3.0000 9/22/2031 HUF 61.900
Banque Federative du 2.6871 10/23/2023 EUR 72.150
Region de Bruxelles- 1.0650 6/22/2047 EUR 59.020
Single Platform Inve 0.5230 5/7/2041 EUR 58.023
Banco Santander SA 2.2800 2/28/2039 EUR 73.280
Junta de Castilla y 1.2700 10/31/2044 EUR 62.014
Malta Government Bon 1.2000 5/13/2037 EUR 71.130
Tonon Luxembourg SA 9.2500 1/24/2020 USD 0.500
State of North Rhine 1.9600 1/24/2079 EUR 73.981
Intelsat Jackson Hol 8.5000 10/15/2024 USD 0.494
Grupo Isolux Corsan 1.0000 12/30/2021 EUR 0.157
Regie Autonome des T 0.8750 8/18/2080 EUR 38.199
Harp Issuer PLC 1.3997 2/14/2032 USD 70.574
Communaute Francaise 0.5840 9/17/2039 EUR 60.455
SALVATOR Vermoegensv 9.5000 EUR 7.900
HPI AG 3.5000 EUR 0.501
BNP Paribas SA 0.5000 11/16/2032 MXN 34.228
Jyske Realkredit A/S 0.5000 10/1/2050 DKK 68.801
Sveriges Sakerstalld 1.3775 7/13/2046 SEK 66.833
ING Bank NV 2.9000 6/23/2051 USD 68.337
State of Saxony-Anha 0.4750 9/30/2050 EUR 54.751
Ile-de-France Mobili 1.2000 4/8/2050 EUR 59.384
Muenchener Hypotheke 1.3000 5/7/2061 EUR 62.942
EnBW International F 2.0800 1/21/2041 EUR 67.253
Region de Bruxelles- 1.7500 1/17/2048 EUR 69.840
ING Bank NV 0.1820 4/21/2033 EUR 74.787
Region Nouvelle-Aqui 0.4390 11/22/2033 EUR 74.725
BNP Paribas SA 1.3950 2/12/2035 EUR 73.686
Republic of Austria 0.1000 7/10/2040 EUR 60.516
Getin Noble Bank SA 11.9900 7/28/2023 PLN 32.685
Deutsche Bank AG 0.6870 10/11/2049 EUR 44.930
HYPO NOE Landesbank 1.6050 8/23/2046 EUR 74.297
Region de Bruxelles- 0.5620 12/23/2065 EUR 35.011
New World Resources 4.0000 10/7/2020 EUR 0.018
National Treasury Ma 1.5600 2/16/2122 EUR 59.352
Single Platform Inve 0.8350 10/14/2061 EUR 48.661
BNP Paribas Issuance 3.3000 7/1/2030 EUR 66.890
NRW Bank 1.2450 11/4/2051 EUR 67.528
Province of Brescia 1.2120 6/30/2036 EUR 74.463
Cooperatieve Raboban 0.5000 1/31/2033 MXN 37.867
PJSC Koks via IMH Ca 5.9000 9/23/2025 USD 7.483
Single Platform Inve 0.9150 2/15/2043 EUR 63.295
United Kingdom Gilt 1.1250 1/31/2039 GBP 68.042
SNCF Reseau 1.4250 8/14/2119 EUR 40.646
Single Platform Inve 1.6000 3/23/2038 EUR 74.532
Department of Girond 0.8460 4/29/2039 EUR 67.320
Raiffeisen Bank Inte 0.3700 2/3/2033 EUR 64.500
Single Platform Inve 1.0000 7/8/2034 EUR 72.702
State of North Rhine 1.4670 6/12/2045 EUR 74.452
Agrokor dd Via Aquar 4.9210 8/8/2017 EUR 14.625
Premium Green PLC 1.6300 12/30/2030 AUD 71.889
Credit Bank of Mosco 4.7000 1/29/2025 USD 25.796
Vajda-Papir Gyarto K 3.5000 11/16/2030 HUF 68.900
DZ Bank AG Deutsche 2.0000 12/29/2031 EUR 74.200
MOL Nyrt Kueloenlege 4.9500 1/26/2032 HUF 73.960
Kreditanstalt fuer W 1.2700 6/29/2051 EUR 70.047
DZ Bank AG Deutsche 1.0000 2/13/2042 EUR 68.423
Societa di Progetto 3.3750 12/31/2038 EUR 71.996
Depfa Funding III LP 2.0560 EUR 55.559
Kommunekredit 2.1800 7/16/2040 AUD 61.717
Credit Bank of Mosco 8.8750 USD 19.698
Vasakronan AB 1.7000 6/28/2044 EUR 59.144
Communaute Francaise 1.7600 1/26/2043 EUR 71.257
Stadt Graz 1.8238 10/31/2047 EUR 72.900
Unibail-Rodamco-West 2.0000 12/5/2033 EUR 73.369
MMC Norilsk Nickel O 2.5500 9/11/2025 USD 71.504
Grand Delta Habitat 1.5000 9/1/2049 EUR 64.308
Societe Wallonne de 0.8940 10/23/2045 EUR 51.634
Aareal Bank AG 1.7410 1/12/2045 EUR 71.346
Nederlandse Watersch 0.1900 11/2/2050 EUR 48.562
Communaute Francaise 1.5810 1/23/2120 EUR 48.745
Italy Buoni Polienna 1.7000 9/1/2051 EUR 59.461
Barclays Bank PLC 10.2000 2/16/2023 USD 48.900
VTB Bank PJSC 3.7500 EUR 30.000
Futureal Development 3.5000 11/16/2036 HUF 51.000
Anselma Issuer SA 2.1740 12/31/2038 EUR 51.580
Credit Suisse AG/Lon 20.0000 11/29/2024 USD 12.110
Caisse Francaise de 0.7260 10/29/2039 EUR 66.734
CDC Habitat SEM 0.8140 2/15/2040 EUR 64.555
Pfandbriefbank schwe 0.2500 4/25/2042 CHF 72.595
Prosus NV 1.9850 7/13/2033 EUR 71.130
Region de Bruxelles- 1.1440 1/14/2056 EUR 53.015
Agence Francaise de 1.6560 4/4/2054 EUR 73.971
Norddeutsche Landesb 1.6000 8/1/2039 EUR 67.266
Region Bretagne SCI 0.5440 12/7/2036 EUR 68.732
Regie Autonome des T 0.6400 8/13/2041 EUR 62.598
ING Bank NV 0.3350 4/21/2036 EUR 68.894
Nykredit Realkredit 1.0000 10/1/2050 DKK 73.140
Gebr Sanders GmbH & 8.7500 10/22/2018 EUR 9.375
Barclays Bank PLC 1.3820 11/27/2045 EUR 66.945
DekaBank Deutsche Gi 7.6500 3/10/2023 EUR 35.030
UniCredit Bank AG 15.0500 4/28/2023 EUR 40.590
Societe Generale SA 15.6000 8/25/2026 USD 41.500
MOL Hungarian Oil & 1.1000 9/22/2030 HUF 54.500
Hemso Fastighets AB 1.1300 10/31/2039 EUR 67.893
Agrokor dd 8.8750 2/1/2020 USD 15.000
A-TEC Industries AG 5.7500 11/2/2010 EUR 0.100
Centre Hospitalier U 0.4900 12/1/2036 EUR 68.183
BNG Bank NV 2.3000 3/3/2036 AUD 70.702
NRW Bank 1.1800 3/3/2051 EUR 68.763
Region Wallonne Belg 1.2250 9/2/2120 EUR 37.878
BPCE SA 2.2500 3/13/2040 AUD 51.721
Mondelez Internation 1.2500 9/9/2041 EUR 65.496
Lloyds Bank PLC 2.2800 1/29/2044 EUR 74.347
Assistance Publique 1.1830 4/16/2050 EUR 58.116
MFB Magyar Fejleszte 2.9000 10/22/2031 HUF 67.449
Intelsat Jackson Hol 9.7500 7/15/2025 USD 0.494
Kingdom of Belgium G 0.6750 7/7/2080 EUR 35.503
BNG Bank NV 10.0100 6/17/2025 TRY 60.501
Alfa-Bank AO 11.7500 RUB 89.950
Raiffeisen Schweiz G 8.3400 3/7/2023 EUR 64.300
niiio finance group 4.0000 5/31/2026 EUR 48.000
STAVMAT Epitoanyag K 3.0000 7/20/2031 HUF 68.200
Societe Nationale SN 1.4000 5/18/2120 EUR 38.029
Ukraine Government I 15.8400 2/26/2025 UAH 66.586
Bulgaria Government 1.3750 9/23/2050 EUR 56.659
DZ Bank AG Deutsche 2.2400 8/22/2034 USD 73.885
Region Provence-Alpe 0.6230 10/15/2035 EUR 71.631
NORD/LB Luxembourg S 0.5420 9/30/2037 EUR 67.175
Heta Asset Resolutio 7.5000 12/31/2023 ATS 1.580
Kingdom of Belgium G 1.1700 5/12/2121 EUR 41.023
Ukraine Government B 3.9000 10/5/2023 USD 65.476
Credit Bank of Mosco 7.5000 10/5/2027 USD 21.238
Nomura Bank Internat 1.1300 4/23/2036 EUR 65.977
Commerzbank AG 1.2000 2/25/2036 EUR 71.143
NRW Bank 0.5910 3/19/2040 EUR 68.997
Region de Bruxelles- 1.0400 5/3/2061 EUR 47.215
Premium Green PLC 1.6500 3/28/2031 AUD 71.008
Sibur Securities DAC 3.4500 9/23/2024 USD 60.775
Virgolino de Oliveir 10.8750 1/13/2020 USD 36.000
Banque International 1.0850 10/22/2040 EUR 63.939
Deutsche Telekom AG 3.5000 9/6/2039 AUD 72.738
SkyGreen Buildings K 3.0000 12/29/2030 HUF 63.700
Landesbank Hessen-Th 1.8000 7/7/2036 EUR 66.300
Ringkjoebing Landbob 1.1000 10/30/2035 EUR 68.812
Wirtschafts- und Inf 0.6500 2/8/2039 EUR 70.189
BPCE SFH SA 1.2285 4/12/2049 EUR 66.616
Muenchener Hypotheke 0.6200 7/22/2033 EUR 70.680
Wirtschafts- und Inf 0.1010 9/8/2033 EUR 73.600
NRW Bank 1.2350 12/16/2061 EUR 61.936
Vasakronan AB 1.0000 6/15/2041 EUR 44.022
Caisse des Depots et 2.9400 3/2/2051 AUD 67.065
ING Groep NV 0.9750 2/14/2034 EUR 72.476
Turkey Government In 5.7500 5/11/2047 USD 65.311
Autonomous Community 1.6460 7/30/2060 EUR 53.976
Societe Nationale SN 2.4570 12/23/2050 USD 63.738
Hemso Fastighets AB 2.6150 11/30/2043 EUR 74.343
Ville de Paris 0.8310 2/23/2056 EUR 45.821
Uliving@Essex Issuer 0.1000 8/31/2058 GBP 73.006
Region de Bruxelles- 1.8100 3/22/2053 EUR 67.946
Alfa Bank AO Via Alf 5.5000 10/26/2031 USD 3.455
Single Platform Inve 0.9500 7/25/2047 EUR 59.501
Regie Autonome des T 0.9380 5/25/2050 EUR 54.524
Norske Skog Holding 8.0000 2/24/2021 EUR 0.006
KTG Agrar SE 7.2500 10/15/2019 EUR 2.001
Communaute Francaise 1.3670 1/20/2070 EUR 59.555
Vasakronan AB 2.0500 5/28/2044 EUR 64.102
Batigere Grand Est S 1.8000 8/12/2050 EUR 68.420
Societe Du Grand Par 1.9550 4/16/2069 EUR 65.942
State of North Rhine 1.6410 8/11/2066 EUR 67.968
Swissgrid AG 0.1250 6/30/2036 CHF 74.003
Russian Federal Bond 0.2500 7/20/2044 RUB 10.000
Barclays Bank PLC 1.7500 9/29/2032 USD 71.087
Kreditanstalt fuer W 0.6130 6/10/2040 EUR 63.380
Region Wallonne Belg 1.1650 6/29/2059 EUR 52.795
State of Lower Austr 0.5850 10/11/2049 EUR 51.816
Minicentrales Dos SA 0.0100 6/6/2047 EUR 66.105
Landesbank Hessen-Th 1.3700 9/22/2031 EUR 73.071
Kreditanstalt fuer W 1.2080 6/17/2051 EUR 70.943
Kommunekredit 2.2000 9/27/2041 AUD 63.600
CDC Habitat SEM 1.0430 5/12/2036 EUR 71.936
NRW Bank 0.4200 2/8/2039 EUR 66.507
Norddeutsche Landesb 1.2800 9/2/2039 EUR 64.452
AB Financial Product 2.4680 7/30/2040 EUR 62.269
Spain Government Bon 1.0000 7/30/2042 EUR 63.512
Kreditanstalt fuer W 1.2010 9/13/2051 EUR 68.334
Caisse des Depots et 0.8200 3/10/2050 EUR 53.585
Communaute Francaise 1.7870 6/14/2044 EUR 71.147
Ministeries Van de V 1.8740 3/28/2058 EUR 65.149
Single Platform Inve 1.6100 2/15/2043 EUR 73.227
Premium Green PLC 1.6100 9/30/2030 AUD 72.524
BNP Paribas SA 3.7000 10/4/2039 AUD 63.857
Prosus NV 2.0310 8/3/2032 EUR 73.778
Pescanova SA 8.7500 2/17/2019 EUR 0.319
State of Saxony-Anha 1.2230 5/4/2046 EUR 68.651
DekaBank Deutsche Gi 0.4000 1/29/2035 EUR 73.748
Bank Vontobel AG 18.0056 5/24/2023 EUR 15.900
GTC Magyarorszag Zrt 2.6000 3/17/2031 HUF 68.490
Batigere Grand Est S 1.6100 10/23/2040 EUR 71.384
Region Wallonne Belg 1.1500 9/2/2120 EUR 35.776
Nomura Bank Internat 1.1380 12/19/2039 EUR 57.947
Spain Government Bon 1.2000 10/31/2040 EUR 68.177
ING Bank NV 2.2500 2/26/2036 USD 73.657
Region Occitanie 0.7660 10/7/2041 EUR 62.130
Kommunalkredit Austr 0.5700 9/15/2037 EUR 67.525
Caisse des Depots et 1.0000 2/26/2051 EUR 56.307
Region of Pays de la 0.5700 3/10/2036 EUR 68.745
Communaute Francaise 0.7490 9/16/2080 EUR 49.639
Serbia Treasury Bond 2.3000 3/18/2047 EUR 62.772
Kreditanstalt fuer W 1.0870 1/21/2050 EUR 68.868
Landesbank Hessen-Th 0.6500 10/18/2034 EUR 68.704
Pfandbriefzentrale d 0.0500 10/6/2043 CHF 67.527
Veneto Banca SpA 6.9500 2/25/2025 EUR 0.711
Ville de Paris 2.0170 5/25/2052 EUR 70.696
BNG Bank NV 1.6270 4/25/2046 EUR 70.320
Societe Generale SA 25.2600 10/30/2025 USD 15.370
Duna House Holding N 3.0000 9/2/2030 HUF 74.810
Veragold Mining Co G 5.0000 12/31/2025 EUR 90.000
OTP Munkavallalok I 4.5000 7/14/2031 HUF 72.120
Wellis Magyarorszag 3.0000 2/26/2031 HUF 68.667
Landesbank Hessen-Th 1.8500 6/16/2036 EUR 66.000
Hypo Vorarlberg Bank 0.5700 8/26/2030 EUR 73.713
Santander Internatio 1.7000 12/12/2049 EUR 44.598
Republic of Ireland 0.7400 9/22/2078 EUR 42.837
Kommunalkredit Austr 1.0550 10/6/2031 EUR 69.743
Morgan Stanley & Co 1.1050 6/18/2041 EUR 60.989
Caisse des Depots et 1.8150 8/8/2048 EUR 71.745
Region de Bruxelles- 1.8000 8/17/2048 EUR 71.051
Heta Asset Resolutio 5.9200 12/31/2023 EUR 1.563
Region de Bruxelles- 0.5920 12/10/2061 EUR 40.004
Region Wallonne Belg 2.0570 10/19/2043 EUR 74.512
SAir Group 5.1250 3/1/2003 CHF 12.294
Region Provence-Alpe 0.3940 9/1/2036 EUR 67.722
Slovakia Government 2.0000 10/17/2047 EUR 73.599
Parnassia Groep BV 1.2600 12/3/2046 EUR 69.873
Autonomous Community 1.6550 10/31/2050 EUR 62.131
Landesbank Hessen-Th 1.3830 3/28/2042 EUR 74.674
Romanian Government 2.1240 7/16/2031 EUR 73.079
Jyske Realkredit A/S 1.0000 10/1/2053 DKK 63.438
Department of Loiret 0.9150 11/23/2043 EUR 61.192
Communaute Francaise 0.7500 2/4/2061 EUR 41.962
Region Wallonne Belg 1.0000 6/22/2045 EUR 58.305
Single Platform Inve 0.8300 9/6/2041 EUR 62.201
Caisse des Depots et 1.3820 3/16/2045 EUR 65.992
Ville de Paris 0.7600 5/25/2066 EUR 38.239
Municipality of Arnh 0.4600 9/20/2049 EUR 53.096
Societe Wallonne de 0.9040 10/23/2047 EUR 50.473
Credit Suisse AG/Nas 3.7500 10/20/2036 USD 73.356
Officine Maccaferri- 5.7500 6/1/2021 EUR 17.000
Deutsche Bank AG/Lon 0.5000 10/18/2038 MXN 17.159
Takarek Mortgage Ban 3.0000 1/28/2036 HUF 55.500
Leonteq Securities A 11.0000 4/28/2023 CHF 68.830
Nestle Hungaria Kft 1.7500 5/31/2028 HUF 69.500
Landesbank Hessen-Th 1.0000 6/12/2035 EUR 72.900
Royal Schiphol Group 2.8900 10/25/2034 AUD 71.095
Single Platform Inve 1.1555 2/12/2041 EUR 66.573
Espirito Santo Finan 5.0500 11/15/2025 EUR 0.622
Vasakronan AB 1.3100 12/10/2040 EUR 47.906
Kreditanstalt fuer W 0.9900 2/12/2051 EUR 65.598
Muenchener Hypotheke 0.2500 10/31/2044 CHF 68.201
Municipality of Arnh 0.6050 2/24/2040 EUR 66.979
Danske Bank A/S 1.0700 8/23/2038 JPY 75.727
Aareal Bank AG 0.3800 9/16/2031 EUR 71.057
Single Platform Inve 0.8850 7/24/2036 EUR 68.808
Land Thueringen 0.3750 11/14/2034 EUR 73.932
Kreditanstalt fuer W 1.1151 5/17/2041 EUR 68.810
Wirtschafts- und Inf 0.4000 11/23/2039 EUR 65.533
DekaBank Deutsche Gi 1.5850 12/28/2035 EUR 64.977
Barclays Bank PLC 7.8300 7/26/2038 MXN 67.029
Societe Du Grand Par 2.1450 11/26/2068 EUR 70.209
Standard Chartered B 2.1400 1/29/2036 USD 72.746
NRW Bank 0.6000 1/28/2051 EUR 53.657
Kingdom of Belgium G 1.6000 6/22/2047 EUR 72.707
Communaute Francaise 1.9250 4/18/2059 EUR 67.620
Caisse des Depots et 1.0150 7/22/2050 EUR 56.826
Societe Wallonne de 0.9480 10/23/2051 EUR 48.982
State of Hesse 0.4500 9/23/2044 EUR 59.885
Region de Bruxelles- 1.2500 1/10/2060 EUR 52.751
Elli Investments Ltd 12.2500 6/15/2020 GBP 52.250
Region Wallonne Belg 0.1500 5/10/2035 EUR 67.053
SiC Processing GmbH 7.1250 3/1/2016 EUR 0.659
State of Mecklenburg 0.2390 11/17/2070 EUR 37.698
WEB Windenergie AG 2.2500 9/25/2028 EUR 0.010
Nordea Bank Abp 0.6200 10/14/2026 SEK 56.370
Leonteq Securities A 20.0000 2/14/2023 USD 49.980
Credit Suisse AG/Lon 17.2500 2/21/2023 USD 69.000
Nederlandse Watersch 0.9960 11/4/2049 EUR 63.159
United Kingdom Gilt 0.6250 10/22/2050 GBP 45.986
Republic of Ireland 1.2500 10/8/2121 EUR 48.925
SAir Group 4.2500 2/2/2007 CHF 11.343
Banco Santander SA 0.7900 9/30/2031 EUR 74.774
Caisse des Depots et 1.9000 5/17/2047 EUR 73.156
Landeskreditbank Bad 1.2360 5/22/2045 EUR 70.478
Single Platform Inve 1.8500 2/15/2041 NOK 67.841
Kommunekredit 1.3750 5/18/2046 SEK 68.990
Nomura Bank Internat 1.4500 12/10/2041 EUR 63.229
Single Platform Inve 2.0850 1/24/2044 NOK 73.678
Hypo Vorarlberg Bank 1.0220 7/31/2034 EUR 67.610
Deutsche Bank AG/Lon 12.7800 3/16/2028 TRY 52.720
Assistance Publique 1.0730 4/16/2045 EUR 61.831
Alliander NV 1.1250 4/8/2035 EUR 74.597
DZ Bank AG Deutsche 1.8400 12/21/2048 EUR 71.818
Kuntarahoitus Oyj 0.4475 3/19/2040 EUR 59.596
Single Platform Inve 0.8030 3/20/2041 EUR 61.921
Hungary Government B 3.0000 4/25/2041 HUF 55.434
Region de Bruxelles- 0.5400 9/13/2044 EUR 54.214
NTRP Via Interpipe L 10.2500 8/2/2017 USD 25.476
Landesbank Hessen-Th 0.8500 10/17/2034 EUR 70.517
Deutsche Pfandbriefb 3.1000 9/7/2046 USD 68.369
Region de Bruxelles- 0.5560 12/23/2064 EUR 35.368
Nederlandse Watersch 0.9640 6/11/2059 EUR 57.643
Landeskreditbank Bad 1.8620 4/6/2062 EUR 74.489
Hungary Government I 1.5000 11/17/2050 EUR 53.304
SpareBank 1 SMN 0.1900 11/6/2030 EUR 72.512
Elli Finance UK PLC 8.7500 6/15/2019 GBP 60.435
Norske Skogindustrie 7.0000 12/30/2026 EUR 0.010
Rosbank PJSC 0.0400 4/30/2024 RUB 60.050
Raiffeisen Bank Inte 7.5000 9/1/2023 EUR 44.440
Banque Cantonale Vau 12.3600 6/27/2023 CHF 71.020
Raiffeisenlandesbank 0.2000 6/9/2036 EUR 66.360
Credit Suisse AG/Lon 19.0000 3/15/2023 USD 72.700
Pongs & Zahn AG 8.5000 11/1/2014 EUR 0.003
Barclays Bank PLC 2.7300 9/27/2024 EUR 56.530
Norske Skogindustrie 7.1250 10/15/2033 USD 0.010
Batigere Grand Est S 1.7090 11/4/2042 EUR 70.591
Lehman Brothers Trea 4.8694 10/5/2035 EUR 0.100
Espirito Santo Finan 5.0500 11/15/2025 EUR 0.622
Cooperatieve Raboban 0.5000 12/29/2027 MXN 61.110
Region of Centre-Val 0.7120 12/3/2039 EUR 64.573
Norddeutsche Landesb 0.7000 3/12/2036 EUR 63.275
Hypo Vorarlberg Bank 1.0200 7/15/2041 EUR 57.151
Norddeutsche Landesb 1.3500 10/20/2038 EUR 66.415
Landesbank Hessen-Th 1.0000 4/28/2036 EUR 69.112
Bayerische Landesban 0.7700 6/18/2032 EUR 72.219
Kreditanstalt fuer W 0.9800 6/28/2051 EUR 65.983
Kreditanstalt fuer W 1.2670 3/22/2051 EUR 71.652
Comunidad Foral de N 1.4500 5/8/2040 EUR 69.783
Kuntarahoitus Oyj 1.2000 7/21/2061 EUR 64.790
Kreditanstalt fuer W 0.8155 12/19/2050 EUR 55.671
Natixis SA 0.3000 6/25/2048 USD 30.863
La Financiere Atalia 5.1250 5/15/2025 EUR 67.258
Citigroup Global Mar 0.3000 2/12/2031 EUR 73.322
United Utilities Wat 0.3590 10/5/2048 GBP 65.961
Romanian Government 3.3750 2/8/2038 EUR 71.368
Kreditanstalt fuer W 0.8300 12/9/2050 EUR 64.769
State of Brandenburg 0.0500 2/28/2033 EUR 74.133
Ukraine Government I 12.5200 5/13/2026 UAH 56.408
Uliving@Essex2 Issue 0.1000 8/31/2063 GBP 68.618
Caisse des Depots et 3.0000 11/8/2051 AUD 67.573
Credit Agricole SA 3.7500 6/9/2040 AUD 68.082
Kreditanstalt fuer W 1.0000 10/20/2050 EUR 66.097
Veneto Banca SpA 6.4110 EUR 0.345
Credit Agricole Corp 2.1050 10/22/2035 USD 68.351
Societe Du Grand Par 1.9230 5/25/2066 EUR 60.984
Caisse Francaise de 0.5100 11/19/2040 EUR 63.260
Vasakronan AB 1.7700 10/26/2033 NOK 73.017
Natixis SA 3.2100 1/29/2050 AUD 63.890
UkrLandFarming PLC 10.8750 3/26/2018 USD 1.784
Kuntarahoitus Oyj 1.1550 11/19/2060 EUR 57.701
Dr Wiesent Sozial gG 7.0000 EUR 0.002
Landesbank Hessen-Th 1.5000 1/20/2037 EUR 64.100
SG Issuer SA 0.2625 2/20/2025 EUR 21.360
T-Centrum CZ AS 11.8900 10/30/2024 CZK 69.000
Takarek Mortgage Ban 1.7500 12/22/2026 HUF 72.800
Societe Generale SA 16.0000 1/3/2024 USD 53.750
Credit Suisse AG/Lon 4.4500 6/28/2023 USD 9.350
Credit Suisse AG/Lon 4.5300 7/12/2023 USD 8.620
Assistance Publique 1.6650 4/10/2049 EUR 67.188
Agrokor dd 9.1250 2/1/2020 EUR 15.000
DAH Holding GmbH 7.2500 9/28/2018 EUR 0.718
Commerzbank AG 1.2190 12/12/2039 EUR 64.947
Autonomous Community 1.2550 10/31/2048 EUR 56.620
BNP Paribas SA 3.7500 6/12/2040 AUD 71.896
Grand Delta Habitat 1.5000 6/2/2045 EUR 66.119
Hypo Vorarlberg Bank 0.7410 10/16/2036 EUR 60.782
NRW Bank 1.2110 10/18/2045 EUR 69.962
Single Platform Inve 3.0000 6/21/2047 USD 72.202
Morgan Stanley & Co 3.4700 1/27/2042 AUD 72.351
KPNQwest NV 10.0000 3/15/2012 EUR 0.680
Ville de Paris 1.1650 6/9/2053 EUR 54.256
Deutsche Pfandbriefb 0.7100 9/10/2031 EUR 70.653
Landesbank Baden-Wue 0.9000 11/22/2034 EUR 71.527
Senvion Holding GmbH 3.8750 10/25/2022 EUR 0.203
Aktia Bank Oyj 0.8500 12/21/2040 EUR 63.450
Kuntarahoitus Oyj 0.8580 2/22/2051 EUR 65.434
Banque International 1.0000 2/18/2036 EUR 68.918
Caisse des Depots et 0.9450 5/19/2051 EUR 55.628
BPCE SFH SA 1.5860 2/1/2047 EUR 73.121
Region de Bruxelles- 1.8130 1/22/2048 EUR 71.948
Denmark Government B 0.2500 11/15/2052 DKK 55.122
Autonomous Community 1.9500 5/24/2041 EUR 73.551
Societe Generale SA 1.2900 12/19/2034 EUR 73.319
Region de Bruxelles- 0.9100 1/31/2053 EUR 50.376
Peine GmbH 2.0000 7/5/2023 EUR 44.500
Pescanova SA 5.1250 4/20/2017 EUR 0.319
Oberoesterreichische 0.2850 11/6/2042 EUR 57.953
Sequa Petroleum NV 5.0000 4/29/2020 USD 30.250
Bayerische Landesban 1.5000 7/14/2036 EUR 71.127
Credit Suisse AG/Lon 18.0000 5/4/2023 USD 71.210
Vontobel Financial P 6.0000 3/24/2023 EUR 70.290
Landesbank Hessen-Th 1.5000 8/23/2034 EUR 69.300
Sberbank of Russia P 0.0100 11/13/2026 TRY 67.710
MOL Nyrt Kueloenlege 4.9500 1/26/2032 HUF 73.960
Duna Aszfalt Ut Es M 2.9900 10/17/2029 HUF 61.000
UniCredit Bank AG 3.5000 2/13/2023 EUR 52.270
Single Platform Inve 1.1650 6/6/2046 EUR 63.498
Natixis SA 2.9500 10/28/2034 AUD 72.503
Municipality of Leva 0.7500 11/17/2036 EUR 70.193
Republic of Ireland 1.3200 11/28/2119 EUR 42.174
Region de Bruxelles- 0.6500 2/15/2061 EUR 39.711
Landesbank Baden-Wue 0.3270 5/7/2038 EUR 64.683
Region Auvergne-Rhon 0.2500 10/23/2034 EUR 70.723
NRW Bank 1.0850 10/26/2041 EUR 71.280
Cerruti Finance SA 6.5000 7/26/2004 EUR 2.058
Vasakronan AB 2.4000 6/20/2044 SEK 69.446
Regie Autonome des T 1.0700 4/28/2050 EUR 56.550
Kreditanstalt fuer W 0.8900 3/10/2041 EUR 70.129
Vasakronan AB 0.9500 3/22/2039 JPY 70.772
Cooperatieve Raboban 1.4850 9/3/2041 EUR 74.649
Muenchener Hypotheke 1.0000 5/7/2035 EUR 74.323
Norddeutsche Landesb 0.6750 2/25/2033 EUR 70.596
State of Hesse 0.3750 4/9/2040 EUR 61.590
Kuntarahoitus Oyj 1.4490 3/1/2061 EUR 71.134
ING Bank NV 2.8300 9/28/2051 USD 67.075
Sanctuary Capital PL 2.4812 11/12/2037 GBP 73.250
Batigere Grand Est S 1.6000 11/14/2039 EUR 72.712
La Veggia Finance SA 7.1250 11/14/2004 EUR 0.287
Single Platform Inve 1.1800 4/1/2039 EUR 68.715
Caisse des Depots et 0.9155 1/20/2051 EUR 56.983
Credit Agricole Corp 0.7200 5/10/2033 EUR 72.046
Italy Buoni Polienna 0.1500 5/15/2051 EUR 64.249
Caisse des Depots et 1.9300 1/22/2048 EUR 72.859
BNG Bank NV 0.6300 7/11/2067 EUR 44.164
Communaute Francaise 1.9720 9/25/2050 EUR 71.293
Agence France Locale 0.3300 12/20/2040 EUR 59.856
Lloyds Banking Group 0.9950 2/15/2038 JPY 73.863
Specialfastigheter S 1.1200 2/19/2044 SEK 59.516
Assistance Publique 1.1250 4/16/2047 EUR 60.354
Muenchener Hypotheke 0.1000 8/14/2034 EUR 70.628
Region de Bruxelles- 0.2560 2/26/2035 EUR 68.856
Commerzbank AG 1.0460 12/18/2034 EUR 71.056
City of Zurich Switz 0.4000 11/21/2046 CHF 72.631
Communaute Francaise 1.3630 4/16/2040 EUR 69.195
BNP Paribas SA 1.0000 1/23/2040 MXN 20.491
Hypo Vorarlberg Bank 1.0200 1/17/2035 EUR 66.407
DZ Bank AG Deutsche 0.7000 11/2/2035 EUR 69.085
DZ Bank AG Deutsche 0.7000 10/16/2034 EUR 70.871
LFA Foerderbank Baye 0.0500 9/29/2034 EUR 70.828
State of North Rhine 1.2670 9/16/2051 EUR 67.423
SpareBank 1 SR-Bank 0.9700 10/9/2040 EUR 59.747
ABN AMRO Bank NV 1.0700 3/3/2041 EUR 71.080
Bilt Paper BV 10.3600 USD 1.245
Kommunekredit 0.8690 11/12/2043 SEK 63.414
SNCF Reseau 2.6220 9/24/2049 USD 69.990
Assistance Publique 2.0000 5/25/2053 EUR 70.299
Senivita Social Esta 8.5000 6/30/2025 EUR 0.020
Societe Generale SA 21.0000 10/3/2023 USD 7.150
SunDell Estate Nyrt 3.2500 11/12/2030 HUF 68.000
Credit Suisse AG/Lon 2.5000 7/23/2025 SEK 23.070
Credit Suisse AG/Lon 6.9000 3/20/2023 USD 2.190
Landesbank Baden-Wue 7.0000 4/28/2023 EUR 70.600
Landesbank Hessen-Th 0.5000 8/9/2034 EUR 75.000
Anselma Issuer SA 1.5740 12/31/2038 EUR 52.730
Batigere Grand Est S 1.5500 11/14/2039 EUR 71.714
Single Platform Inve 0.8800 1/15/2040 EUR 65.399
Assistance Publique 1.0990 4/6/2071 EUR 42.192
Minicentrales Dos SA 0.0100 6/6/2047 EUR 59.467
Ukraine Government B 3.7000 6/22/2023 USD 74.219
Kreditanstalt fuer W 0.6985 10/20/2036 EUR 74.422
Kreditanstalt fuer W 0.8260 10/22/2041 EUR 69.648
Single Platform Inve 0.9300 7/2/2041 EUR 64.045
National Grid Electr 2.0370 2/15/2039 EUR 74.108
Region Wallonne Belg 1.5500 4/28/2120 EUR 48.694
Department of Bouche 0.5430 12/15/2034 EUR 73.187
Societe Generale SFH 0.5700 3/15/2036 EUR 71.980
State of Saarland 0.5000 3/15/2051 EUR 54.182
Single Platform Inve 1.2325 6/25/2044 EUR 67.335
BNP Paribas SA 1.1500 11/20/2034 EUR 73.923
HSBC Bank PLC 10.3000 12/20/2024 TRY 69.180
Republic of Austria 0.7000 4/20/2071 EUR 45.938
Thomas Cook Group PL 6.2500 6/15/2022 EUR 0.305
Meta Wolf AG 6.7500 3/10/2005 DEM 0.114
Land Thueringen 1.1000 7/3/2047 EUR 67.816
Credit Suisse AG/Lon 0.8750 5/21/2031 EUR 68.246
Credit Agricole Corp 11.1900 3/12/2027 TRY 60.274
Caisse des Depots et 1.0180 2/16/2051 EUR 56.645
Credit Agricole Corp 2.4000 5/17/2048 EUR 57.118
BNG Bank NV 0.7993 7/25/2039 EUR 69.843
Bayerische Landesban 3.1800 2/16/2038 EUR 68.650
French Republic Gove 1.5000 5/25/2050 EUR 70.731
Region Provence-Alpe 0.3930 8/26/2036 EUR 68.074
Landesbank Hessen-Th 0.6000 2/18/2036 EUR 65.304
Credit Agricole Corp 10.8000 3/24/2026 TRY 65.809
Wirtschafts- und Inf 0.1920 1/28/2042 EUR 57.615
Belfius Bank SA 0.1900 1/28/2031 EUR 74.815
Hungary Government B 4.0000 4/28/2051 HUF 58.901
Caisse des Depots et 1.5400 10/25/2046 EUR 67.623
PA Resources AB 13.5000 3/3/2016 SEK 0.124
United Utilities Wat 1.4740 8/24/2031 USD 71.477
Italy Buoni Polienna 2.4500 9/1/2050 EUR 71.304
BNP Paribas SA 3.5800 7/23/2040 AUD 70.298
Single Platform Inve 1.1100 1/22/2040 EUR 66.936
Communaute Francaise 1.1400 9/20/2059 EUR 50.232
Bulgaria Steel Finan 12.0000 5/4/2013 EUR 0.216
ECM Real Estate Inve 5.0000 10/9/2011 EUR 15.375
State of North Rhine 1.4910 8/23/2066 EUR 64.903
Steilmann SE 6.7500 6/27/2017 EUR 2.184
Dolphin Drilling ASA 4.4900 8/28/2019 NOK 0.644
Banco Espirito Santo 10.0000 12/6/2021 EUR 0.110
SAG Solarstrom AG 7.5000 7/10/2017 EUR 31.000
Vajda-Papir Gyarto K 3.5000 5/17/2031 HUF 71.200
Credit Suisse AG/Lon 1.0000 12/20/2027 EUR #N/A N/A
MOL Hungarian Oil & 1.9000 4/12/2031 HUF 58.200
UniCredit Bank AG 6.6000 7/20/2028 EUR 34.480
Credit Suisse AG/Lon 1.5200 12/20/2030 EUR 74.149
Republic of Ireland 1.2100 10/27/2111 EUR 47.145
Landesbank Baden-Wue 0.1500 8/11/2031 EUR 74.154
Ville de Paris 0.9630 6/8/2050 EUR 54.730
Barclays Bank PLC 3.1000 12/13/2044 AUD 61.495
Landesbank Hessen-Th 0.9500 6/11/2035 EUR 70.294
Deutsche Bank AG 0.7000 10/7/2031 EUR 73.441
Sidetur Finance BV 10.0000 4/20/2016 USD 0.770
Region de Bruxelles- 0.6580 1/7/2041 EUR 61.134
UBS AG/London 3.3270 11/23/2025 EUR 58.500
Norddeutsche Landesb 1.5700 9/9/2038 EUR 68.106
NatWest Markets PLC 1.2500 12/4/2034 EUR 70.182
Natixis SA 2.9200 9/5/2039 AUD 65.843
HSBC Bank PLC 10.3000 12/10/2024 TRY 69.441
Aktia Bank Oyj 1.0500 9/9/2041 EUR 65.851
Cooperatieve Raboban 1.8500 3/29/2049 EUR 62.925
Intelsat Jackson Hol 9.7500 7/15/2025 USD 0.494
Aareal Bank AG 1.0680 2/18/2050 EUR 64.730
Oberoesterreichische 0.6000 5/26/2031 EUR 74.807
Region Wallonne Belg 1.2500 4/30/2055 EUR 53.863
Kreditanstalt fuer W 1.2080 3/10/2051 EUR 70.718
Santander Internatio 1.3200 8/8/2039 EUR 66.926
Single Platform Inve 1.4500 9/14/2040 EUR 70.912
LFA Foerderbank Baye 0.1600 1/2/2040 EUR 61.687
Kuntarahoitus Oyj 0.8150 2/24/2061 EUR 56.924
Department of L'Eure 0.6430 8/31/2041 EUR 60.646
Alfa Bank AO Via Alf 5.9000 USD 2.466
Kreditanstalt fuer W 0.9550 4/6/2040 EUR 72.612
Single Platform Inve 1.0000 7/15/2036 EUR 70.030
Republic of Ireland 1.1800 5/25/2087 EUR 52.608
Region de Bruxelles- 1.1000 5/25/2051 EUR 57.245
Single Platform Inve 1.8600 2/15/2041 NOK 68.022
Region Auvergne-Rhon 0.8050 7/26/2039 EUR 66.380
Santander Internatio 1.1000 12/7/2040 EUR 62.988
Region de Bruxelles- 0.5000 6/22/2040 EUR 60.299
Landesbank Baden-Wue 0.2900 8/6/2031 EUR 74.136
Credito Padano Banca 3.1000 EUR 34.893
Norddeutsche Landesb 0.6500 12/3/2031 EUR 74.366
Societe Nationale SN 2.5030 1/14/2041 AUD 65.909
BNP Paribas SA 1.4500 11/17/2041 EUR 69.366
Landesbank Hessen-Th 0.9500 2/12/2035 EUR 70.812
Credit Agricole Corp 10.2000 8/6/2026 TRY 61.885
Bayerische Landesban 0.8000 10/16/2036 EUR 64.173
Hypo Vorarlberg Bank 1.5200 7/8/2050 EUR 56.510
LBI ehf 7.4310 USD 0.001
Natixis SA 3.6300 6/14/2039 AUD 72.821
Single Platform Inve 1.6000 2/15/2041 EUR 72.966
Single Platform Inve 1.8650 2/15/2046 EUR 72.841
SAG Solarstrom AG 6.2500 12/14/2015 EUR 31.000
State of Bremen 0.9360 9/28/2046 EUR 66.586
Tonon Luxembourg SA 12.5000 5/14/2024 USD 2.680
Cie de Financement F 1.6300 5/26/2046 EUR 73.835
Communaute Francaise 1.1200 7/19/2038 EUR 68.795
Ukraine Government I 7.7500 9/1/2025 USD 21.769
Golfino AG 8.0000 11/18/2023 EUR 0.010
UBS AG/London 9.2500 5/24/2023 USD 73.350
Landesbank Hessen-Th 2.0000 3/16/2037 EUR 68.900
Vorosko Kereskedelmi 4.7500 1/25/2032 HUF 68.000
Hell Energy Magyaror 3.0000 7/28/2031 HUF 69.500
Landesbank Hessen-Th 1.3000 9/2/2036 EUR 63.550
Mercedes-Benz Manufa 1.5000 3/16/2027 HUF 70.000
Landesbank Hessen-Th 1.0000 4/30/2035 EUR 69.750
Kardan NV 6.3250 2/21/2021 ILS 3.000
Pannon Work Szemelyz 3.0000 10/30/2030 HUF 67.900
Cordia International 3.0000 7/27/2030 HUF 62.000
Pannonia Bio Ltd 2.4000 9/18/2029 HUF 67.590
Danske Bank A/S 5.3000 7/15/2023 SEK 40.380
Landwirtschaftliche 0.9840 2/4/2042 EUR 70.973
Deutschsprachige Gem 1.0040 7/1/2036 EUR 73.911
DZ HYP AG 0.2050 6/5/2040 EUR 58.720
Hellas Telecommunica 8.5000 10/15/2013 EUR 0.834
HSBC Bank PLC 0.5000 11/25/2025 BRL 70.361
Caisse des Depots et 0.6960 9/14/2040 EUR 63.279
Kuntarahoitus Oyj 1.1500 9/24/2051 EUR 68.256
DZ Bank AG Deutsche 0.6250 7/24/2031 EUR 74.624
Agence Francaise de 2.3020 10/25/2044 USD 64.883
Nomura Bank Internat 1.3800 1/19/2037 EUR 68.061
Region Auvergne-Rhon 1.0900 4/8/2037 EUR 74.015
Region Auvergne-Rhon 0.5430 9/28/2036 EUR 69.032
Centre Hospitalier R 0.8000 6/28/2041 EUR 63.022
Serbia Treasury Bond 2.2500 2/26/2041 EUR 68.136
DZ Bank AG Deutsche 0.5400 10/23/2031 EUR 73.774
Caisse des Depots et 1.9300 3/6/2048 EUR 73.686
Caisse des Depots et 1.6170 3/18/2049 EUR 68.330
Landesbank Hessen-Th 1.3000 6/4/2035 EUR 73.483
Credit Agricole Corp 9.4500 3/8/2027 TRY 56.059
State of North Rhine 1.9500 9/26/2078 EUR 71.899
Wirtschafts- und Inf 0.2000 12/14/2045 EUR 51.344
Credit Agricole Corp 15.0000 6/18/2026 TRY 73.335
Muenchener Hypotheke 1.5430 11/16/2048 EUR 74.021
Communaute Francaise 1.9170 12/14/2045 EUR 71.886
UniCredit Bank AG 1.1200 5/14/2057 EUR 63.735
HSBC Bank PLC 2.2300 9/6/2047 EUR 74.398
Kommunekredit 0.3420 9/1/2042 EUR 60.580
Department of Bouche 1.0680 5/21/2048 EUR 58.205
Landesbank Hessen-Th 1.1500 6/23/2036 EUR 70.496
Kreditanstalt fuer W 1.2710 5/20/2051 EUR 70.630
Saechsische Aufbauba 0.3000 2/18/2042 EUR 56.729
Communaute Francaise 1.3400 7/1/2054 EUR 57.806
Caisse des Depots et 1.9600 2/1/2048 EUR 73.362
NRW Bank 0.6500 7/20/2037 EUR 73.863
Region de Bruxelles- 1.5406 6/22/2057 EUR 59.801
HSBC Bank PLC 0.5000 6/23/2027 MXN 63.164
Kreditanstalt fuer W 1.0000 4/27/2041 EUR 71.454
Region Occitanie 0.7280 11/16/2037 EUR 67.800
Ville de Marseille 1.0790 11/19/2046 EUR 61.303
UniCredit Bank AG 0.0300 2/28/2033 EUR 72.548
Societe Nationale SN 2.9100 1/27/2051 AUD 65.865
Region Wallonne Belg 2.1675 7/26/2047 EUR 74.326
Landesbank Hessen-Th 1.0500 5/28/2036 EUR 69.542
DZ Bank AG Deutsche 0.8000 1/21/2041 EUR 66.364
Communaute Francaise 0.8860 6/22/2057 EUR 47.398
Marseille Provence M 1.0000 1/15/2038 EUR 71.845
Rio Forte Investment 4.7500 11/10/2015 EUR 3.311
Deutsche Apotheker-u 0.8000 12/21/2035 EUR 68.516
Grand Delta Habitat 1.5000 9/1/2047 EUR 56.310
Landesbank Hessen-Th 1.0500 7/30/2035 EUR 70.813
SAir Group 2.1250 11/4/2004 CHF 11.343
Department of Loiret 0.4780 10/30/2040 EUR 59.929
Kommunekredit 0.1000 9/30/2033 DKK 72.724
Kommunekredit 0.5000 7/30/2027 TRY 25.599
DZ Bank AG Deutsche 0.3500 11/10/2042 EUR 59.300
Caisse des Depots et 2.3450 1/29/2050 AUD 58.940
Bibby Offshore Servi 7.5000 6/15/2021 GBP 11.625
Credit Suisse AG/Lon 0.5000 1/8/2026 BRL 69.107
Federal Grid Co Unif 6.6000 10/2/2035 RUB 73.310
BNP Paribas Issuance 7.2000 12/17/2024 SEK 73.210
Skandinaviska Enskil 7.4500 1/15/2025 SEK 71.830
Skandinaviska Enskil 6.4000 1/15/2025 SEK 71.770
Pick Szeged Szalamig 2.0000 12/6/2029 HUF 64.910
Deutsche Bank AG/Lon 13.7500 6/20/2026 TRY 38.454
Skandinaviska Enskil 6.0000 1/15/2025 SEK 71.070
VTB Bank PJSC 7.6000 4/2/2031 RUB 67.150
Erste Group Bank AG 12.7500 2/4/2027 EUR 72.000
EFG International Fi 5.7000 2/24/2023 EUR 69.290
Citigroup Global Mar 1.8000 11/17/2036 EUR 63.670
BNP Paribas SA 1.2590 10/2/2023 USD 24.040
KESZ Holding Busines 2.8000 6/17/2031 HUF 70.000
Credit Suisse AG/Lon 8.7500 3/3/2023 USD 74.120
SG Issuer SA 2.1000 12/6/2033 EUR 46.180
Banque Cantonale Vau 5.0000 5/17/2023 CHF 31.520
Raiffeisen Switzerla 7.0500 5/22/2023 EUR 48.160
Nordea Bank Abp 4.6000 1/20/2029 SEK 69.875
Bayer Construct Epit 3.7000 10/21/2031 HUF 67.020
VTB Bank PJSC 10.0000 RUB 46.010
Baromfi-Coop Termelo 3.0000 7/19/2031 HUF 67.800
Gold-Zack AG 7.0000 12/14/2005 EUR 4.133
County of Bihor Roma 2.3200 12/15/2027 RON 60.010
Leonteq Securities A 0.0100 10/16/2023 EUR 69.190
Citigroup Global Mar 2.9300 9/15/2025 EUR 49.500
DZ Bank AG Deutsche 1.5983 10/11/2050 EUR 67.900
Assistance Publique 0.7500 11/30/2039 EUR 64.842
Region de Bruxelles- 1.4190 6/22/2045 EUR 68.202
Ville de Rennes 0.5050 10/22/2034 EUR 72.766
Landwirtschaftliche 0.4000 7/29/2036 EUR 71.195
Agrokor dd 9.1250 2/1/2020 EUR 15.000
Bayerische Landesban 0.9400 7/16/2032 EUR 74.598
Air Berlin Finance B 6.0000 3/6/2019 EUR 0.347
UBS AG/London 2.6300 9/3/2044 AUD 61.601
Wirtschafts- und Inf 0.2670 8/29/2044 EUR 55.845
Assistance Publique 0.4900 9/30/2040 EUR 60.236
Bayerische Landesban 1.8200 3/12/2031 EUR 73.605
Landeskreditbank Bad 1.0250 4/1/2061 EUR 57.992
ABN AMRO Bank NV 1.1710 4/4/2044 EUR 67.742
Communaute Francaise 1.0100 7/19/2051 EUR 53.785
Akademiska Hus AB 1.2520 2/13/2043 SEK 62.481
Swedbank AB 0.3500 9/22/2031 EUR 73.617
BPCE SFH SA 1.3900 3/11/2039 EUR 74.999
Vasakronan AB 2.2770 3/11/2039 EUR 60.117
Single Platform Inve 2.2300 3/17/2039 NOK 73.680
Assistance Publique 0.8000 3/23/2046 EUR 56.517
Region de Bruxelles- 0.7500 6/24/2042 EUR 60.177
Single Platform Inve 0.9320 6/15/2039 EUR 66.308
Norddeutsche Landesb 1.0000 10/13/2036 EUR 65.438
Landesbank Baden-Wue 0.5800 3/2/2033 EUR 72.049
Landesbank Baden-Wue 0.5800 3/2/2033 EUR 72.049
Societe Generale SA 1.0400 3/25/2041 EUR 62.325
Rikshem AB 3.2500 5/31/2041 AUD 67.115
Norddeutsche Landesb 0.7500 1/15/2032 EUR 74.484
Societe Generale SFH 0.3600 9/14/2033 EUR 74.850
Kreditanstalt fuer W 0.6930 2/8/2050 EUR 51.588
Norddeutsche Landesb 0.4000 4/15/2031 EUR 73.688
Landesbank Baden-Wue 0.1400 10/20/2031 EUR 73.713
Kreditanstalt fuer W 0.8800 12/7/2050 EUR 63.986
Deutsche Pfandbriefb 0.3200 12/9/2030 EUR 69.707
Barclays Bank PLC 1.4500 9/24/2038 MXN 25.047
SR-Boligkreditt AS 1.2520 12/2/2041 EUR 72.063
Nederlandse Watersch 1.6100 12/4/2052 EUR 72.959
Thomas Cook Finance 3.8750 7/15/2023 EUR 0.686
HSE Finance Sarl 7.5120 10/15/2026 EUR 55.214
Republic of Ireland 2.0000 6/29/2064 EUR 69.826
NRW Bank 0.6420 2/9/2051 EUR 58.849
Cooperatieve Raboban 2.2550 9/20/2047 EUR 70.527
Deutsche Pfandbriefb 1.8500 9/20/2032 EUR 75.055
Deutsche Bank AG/Lon 14.9000 5/30/2028 TRY 51.671
Caisse des Depots et 0.5705 2/18/2041 EUR 64.765
Deutsche Bank AG 0.6500 6/3/2031 EUR 73.841
Hemso Fastighets AB 3.0200 9/14/2048 SEK 70.215
Bayerische Landesban 0.3500 12/23/2030 EUR 74.597
Single Platform Inve 0.8400 6/20/2043 EUR 60.278
Santander Internatio 1.3650 1/28/2061 EUR 52.385
Single Platform Inve 1.0800 5/25/2066 EUR 51.228
Belfius Bank SA 1.2960 2/20/2040 EUR 73.527
Nederlandse Watersch 0.4360 10/22/2040 EUR 63.351
Batigere Grand Est S 1.5500 8/12/2041 EUR 69.729
Petromena ASA 10.8500 11/19/2018 USD 0.622
Assistance Publique 0.6470 7/17/2040 EUR 65.783
Caisse Francaise de 1.1100 9/21/2046 EUR 66.909
Banque Federative du 0.3760 10/15/2031 EUR 72.321
Astana Finance BV 7.8750 6/8/2010 EUR 16.000
Landesbank Hessen-Th 0.6100 4/12/2034 EUR 69.543
A-TEC Industries AG 2.7500 5/10/2014 EUR 0.100
Norddeutsche Landesb 0.8500 12/7/2035 EUR 65.186
BNP Paribas SA 0.5000 9/29/2029 AUD 70.208
Irish Bank Resolutio 4.0000 4/23/2018 EUR 33.250
Batigere Grand Est S 2.0300 5/29/2070 EUR 74.826
Communaute Francaise 1.1870 9/16/2069 EUR 55.186
Raiffeisenlandesbank 0.8100 9/18/2034 EUR 71.417
Caisse des Depots et 0.9300 11/9/2050 EUR 55.200
Hell Energy Magyaror 2.7000 12/18/2029 HUF 62.700
UBS AG/London 16.3000 1/8/2024 EUR 21.640
Credit Suisse AG/Lon 3.2143 10/6/2023 SEK 5.580
UBS AG/London 5.5200 4/29/2041 USD 48.720
DZ Bank AG Deutsche 0.7000 6/25/2031 EUR 74.340
Societe Generale SA 8.0000 5/28/2027 USD 40.860
Bank Julius Baer & C 13.5000 8/3/2023 CHF 66.100
UniCredit Bank AG 8.9000 8/31/2023 EUR 42.580
VTB Bank PJSC 0.0100 4/8/2026 RUB 72.010
UniCredit Bank AG 8.2000 3/30/2023 EUR 75.500
Bank Vontobel AG 10.5000 4/24/2023 EUR 45.100
Sibur Holding PAO 1.5000 10/2/2030 USD 63.752
Zurcher Kantonalbank 24.8000 4/12/2023 USD 40.320
4iG Nyrt 2.9000 3/29/2031 HUF 71.220
Leonteq Securities A 8.0000 3/1/2023 CHF 25.500
Landesbank Hessen-Th 4.8694 2/11/2037 EUR 66.300
Citigroup Global Mar 12.0000 2/13/2024 SEK 59.160
DZ Bank AG Deutsche 1.5983 10/11/2050 EUR 67.900
OOO SPV Structural I 0.0100 9/1/2023 RUB 66.740
BNP Paribas SA 1.1250 11/5/2034 EUR 72.477
Nederlandse Watersch 0.5010 10/24/2039 EUR 65.723
Credit Agricole Corp 2.8100 10/29/2034 AUD 73.283
Credit Agricole Corp 1.2800 12/5/2039 EUR 68.933
Kreditanstalt fuer W 0.9350 12/16/2039 EUR 72.151
Credit Bank of Mosco 7.1210 6/25/2024 USD 23.470
Single Platform Inve 1.0600 4/1/2042 EUR 65.677
BNG Bank NV 2.0000 9/5/2058 EUR 72.277
KPNQwest NV 8.8750 2/1/2008 EUR 0.680
Credit Suisse AG/Lon 3.2200 2/8/2032 AUD 71.117
Single Platform Inve 0.7800 4/1/2042 EUR 60.816
Deutsche Bank AG 0.7000 2/6/2032 EUR 74.579
Credit Suisse AG/Lon 2.0000 9/30/2030 USD 70.812
Land Thueringen 1.1270 4/2/2049 EUR 67.064
Liga Bank eG Regensb 0.6800 3/17/2036 EUR 69.718
Kommunalkredit Austr 1.1830 6/2/2031 EUR 71.054
Kreditanstalt fuer W 0.6500 2/24/2041 EUR 67.569
Single Platform Inve 0.7800 2/15/2040 EUR 63.079
Deutsche Pfandbriefb 0.6400 9/10/2030 EUR 73.360
Single Platform Inve 0.8700 6/20/2043 EUR 61.160
Assistance Publique 1.8100 11/17/2043 EUR 74.140
Landeskreditbank Bad 1.0170 3/15/2061 EUR 57.315
NRW Bank 1.0220 12/23/2041 EUR 70.999
DZ Bank AG Deutsche 1.2500 2/23/2037 EUR 74.500
Aareal Bank AG 0.3000 12/11/2030 EUR 72.412
Caisse des Depots et 1.7670 9/28/2048 EUR 70.928
Agence France Locale 0.5855 6/20/2034 EUR 73.513
Hypo Vorarlberg Bank 0.4000 12/22/2031 EUR 68.917
Caisse des Depots et 1.6300 12/28/2046 EUR 68.455
Berlin Hyp AG 0.1100 1/20/2031 EUR 74.772
Credit Agricole Corp 2.8000 2/23/2041 AUD 65.394
Raiffeisen-Landesban 1.5000 2/10/2061 EUR 58.976
Kreditanstalt fuer W 0.6800 2/23/2051 EUR 62.348
SG Issuer SA 2.7000 11/28/2034 ZAR 42.484
SG Issuer SA 3.3000 9/26/2034 ZAR 46.687
Wirtschafts- und Inf 0.2450 2/25/2036 EUR 68.978
Banque International 0.5300 9/2/2030 EUR 74.490
BNG Bank NV 0.6320 7/12/2066 EUR 44.847
Royal Schiphol Group 3.0900 7/1/2034 AUD 72.901
Caisse des Depots et 1.9450 9/27/2048 EUR 73.905
Region Wallonne Belg 0.8500 1/26/2071 EUR 39.067
Region de Bruxelles- 1.2860 12/17/2046 EUR 62.266
Opportunity SA/LU 0.4000 11/13/2030 EUR 73.474
HYPO NOE Landesbank 2.5000 3/10/2045 EUR 72.896
Credit Suisse AG/Lon 3.8800 10/31/2036 USD 69.408
Vasakronan AB 1.8700 6/3/2039 EUR 55.342
Agence France Locale 0.5500 6/20/2040 EUR 63.483
LR Realkredit AS 0.5000 10/1/2050 DKK 67.889
Caisse Francaise de 1.1410 9/21/2046 EUR 67.535
State of Hesse 0.1000 10/1/2037 EUR 64.619
Espirito Santo Finan 5.1250 5/30/2016 EUR 0.528
Hemso Fastighets AB 2.6800 7/10/2035 AUD 69.484
State of Rhineland-P 0.6000 10/24/2046 EUR 58.599
Caisse des Depots et 0.6780 7/23/2040 EUR 63.326
Citigroup Global Mar 1.1500 9/19/2039 EUR 62.394
Virgolino de Oliveir 11.7500 2/9/2022 USD 0.499
BLT Finance BV 12.0000 2/10/2015 USD 10.500
Caisse des Depots et 1.4740 6/5/2049 EUR 65.163
Lloyds Bank PLC 1.9200 4/16/2044 EUR 69.991
Autonomous Community 1.1380 11/22/2052 EUR 50.314
Societe Publique de 1.2720 8/23/2036 EUR 73.652
State of North Rhine 1.5125 7/27/2065 EUR 66.276
UniCredit Bank AG 6.6000 9/13/2023 EUR 43.140
Credit Suisse AG/Lon 2.5000 10/7/2025 SEK 23.600
SUN Group Kereskedel 5.5000 1/17/2032 HUF 74.000
OR PJSC 16.0000 11/26/2025 RUB 24.000
Credit Suisse AG/Lon 7.5000 2/15/2023 CHF 63.150
SG Issuer SA 2.2700 2/4/2032 EUR 62.820
Landesbank Baden-Wue 3.4800 2/24/2023 EUR 67.670
Credit Suisse AG/Lon 8.0000 2/24/2023 USD 61.260
MetMax Europe Zrt 3.0000 12/11/2030 HUF 66.900
Raiffeisen Schweiz G 8.8000 7/21/2023 CHF 68.190
Agrar Mezogazdasagi 2.9000 8/24/2031 HUF 67.970
Societe Generale SA 11.7500 9/18/2024 USD 49.000
UBS AG/London 7.2500 3/29/2023 USD 57.500
Zurcher Kantonalbank 16.7500 4/4/2023 USD 39.000
Raiffeisen Bank Inte 7.5000 7/7/2023 EUR 52.550
VON Der Heydt Securi 1.0000 4/30/2031 EUR 67.676
Landesbank Baden-Wue 1.0000 3/14/2034 EUR 74.080
Dyadya Doner OOO 13.5000 4/25/2023 RUB 11.690
Societe Generale SA 21.6000 7/19/2023 USD 58.000
Skandinaviska Enskil 6.0000 7/15/2024 SEK #N/A N/A
WEB Windenergie AG 5.2500 4/8/2023 EUR 0.010
Norddeutsche Landesb 2.1800 9/20/2034 EUR 70.340
Batigere Grand Est S 1.5400 11/4/2041 EUR 69.345
Landesbank Hessen-Th 1.2000 2/9/2052 EUR 71.544
Region Auvergne-Rhon 0.8000 5/22/2040 EUR 64.176
Caisse des Depots et 1.3650 11/2/2051 EUR 62.260
Region of Centre-Val 0.9240 11/2/2043 EUR 61.395
Hypo Vorarlberg Bank 0.8600 10/24/2034 EUR 65.685
Landesbank Hessen-Th 0.8000 1/16/2035 EUR 69.515
Muenchener Hypotheke 1.4950 10/5/2050 EUR 69.754
French Republic Gove 0.5000 5/25/2040 EUR 65.452
Specialfastigheter S 1.1800 12/2/2044 SEK 59.743
Kreditanstalt fuer W 0.9450 12/17/2040 EUR 71.884
Lehman Brothers Trea 4.8694 11/2/2035 EUR 0.100
Eika Boligkreditt AS 0.5600 11/29/2039 EUR 64.737
State of Rhineland-P 0.5000 7/30/2036 EUR 72.238
Bayerische Landesbod 0.7000 6/12/2037 EUR 70.511
Landesbank Hessen-Th 0.7000 11/4/2033 EUR 71.292
Region Auvergne-Rhon 1.1500 4/8/2039 EUR 71.119
Department of L'Eure 1.1100 6/18/2039 EUR 70.307
Region Auvergne-Rhon 0.4930 10/23/2037 EUR 66.184
Santander Internatio 1.1500 4/8/2041 EUR 62.619
Region de Bruxelles- 0.7960 7/2/2042 EUR 60.751
National Treasury Ma 1.1900 10/7/2101 EUR 48.137
Barclays Bank PLC 3.1300 4/9/2051 USD 72.956
DZ Bank AG Deutsche 0.5200 6/23/2031 EUR 74.168
ASCE Group OJSC 7.0000 6/11/2031 USD 60.888
Hypo Vorarlberg Bank 0.4050 3/18/2030 EUR 74.317
Russian Foreign Bond 5.1000 3/28/2035 USD 41.063
Cooperatieve Raboban 1.0990 6/28/2051 EUR 64.568
Landesbank Hessen-Th 1.2000 4/30/2035 EUR 72.710
Credit Agricole Corp 2.4800 3/4/2036 USD 71.079
Autonomous Community 1.7440 7/1/2061 EUR 55.970
Ville de Paris 1.7200 8/23/2047 EUR 72.319
UBS AG/London 1.8600 2/28/2049 EUR 72.791
Single Platform Inve 0.8600 6/15/2039 EUR 64.785
Department of Loiret 0.7900 11/22/2039 EUR 65.602
Vasakronan AB 0.9140 5/27/2030 EUR 70.814
Heta Asset Resolutio 5.7300 12/31/2023 EUR 1.563
HSBC Continental Eur 1.5000 7/26/2049 EUR 67.553
Kreditanstalt fuer W 1.1430 4/15/2050 EUR 68.617
SAir Group 5.5000 7/23/2003 CHF 11.345
Berlin Hyp AG 0.7500 3/4/2050 EUR 61.720
HSE Finance Sarl 5.6250 10/15/2026 EUR 52.293
Muenchener Hypotheke 0.3350 2/10/2031 EUR 74.372
Landeskreditbank Bad 0.5470 2/18/2041 EUR 63.217
Department of Bouche 0.9060 5/20/2039 EUR 67.949
BNG Bank NV 2.0000 2/19/2038 AUD 66.235
Region de Bruxelles- 1.6200 2/8/2044 EUR 70.696
Cooperatieve Raboban 2.4805 2/26/2036 AUD 72.534
City of Amsterdam Ne 1.3590 2/26/2044 EUR 73.252
Region Auvergne-Rhon 0.6450 4/9/2040 EUR 63.093
Wirtschafts- und Inf 0.3210 2/18/2041 EUR 61.104
United Utilities Wat 0.3870 10/5/2057 GBP 63.117
Land Berlin 0.6250 7/15/2039 EUR 68.416
Department of Bouche 0.4320 2/1/2046 EUR 51.011
Landeskreditbank Bad 0.1700 12/10/2035 EUR 69.841
Raiffeisen-Landesban 1.3800 7/24/2059 EUR 63.550
Oberoesterreichische 0.7630 12/15/2050 EUR 59.027
Kuntarahoitus Oyj 1.0050 12/7/2060 EUR 60.763
Swedbank Hypotek AB 1.5000 7/13/2048 EUR 73.995
Lloyds Bank PLC 2.4500 7/23/2048 EUR 75.116
DZ Bank AG Deutsche 0.5000 2/4/2036 EUR 66.285
DZ Bank AG Deutsche 0.6500 12/22/2036 EUR 68.064
Republic of Ireland 1.1000 11/12/2096 EUR 46.401
Agence Francaise de 0.3680 1/12/2046 EUR 55.266
Landesbank Saar 0.7600 5/8/2034 EUR 72.338
Deutsche Bank AG/Lon 0.5000 4/5/2038 MXN 21.345
DZ Bank AG Deutsche 0.2000 10/2/2034 EUR 66.141
SCF Capital Designat 3.8500 4/26/2028 USD 21.824
BNP Paribas SA 3.9500 7/11/2039 AUD 70.563
Norske Skog Holding 8.0000 2/24/2023 USD 0.006
Opportunity SA/LU 0.4000 11/13/2030 EUR 73.474
Region Occitanie 1.3390 3/21/2042 EUR 69.248
Region de Bruxelles- 1.4720 4/29/2044 EUR 68.403
Pescanova SA 6.7500 3/5/2015 EUR 0.319
Landesbank Saar 0.8420 1/24/2033 EUR 74.865
UniCredit SpA 1.4900 10/23/2035 EUR 69.773
Hypo Vorarlberg Bank 0.3900 10/21/2030 EUR 72.321
Nederlandse Watersch 0.7500 10/4/2041 EUR 66.045
Lloyds Bank PLC 0.5000 7/26/2028 MXN 57.834
Agence Metropolitain 0.5000 7/7/2035 EUR 71.483
Phosphorus Holdco PL 10.0000 4/1/2019 GBP 1.430
Communaute Francaise 1.0000 10/8/2069 EUR 45.307
Agence Metropolitain 0.8000 7/1/2040 EUR 64.665
UniCredit Bank AG 0.3100 10/15/2035 EUR 69.458
NRW Bank 0.8000 10/22/2060 EUR 53.829
Region Provence-Alpe 0.5750 7/6/2039 EUR 64.364
Lehman Brothers Trea 2.8750 3/14/2013 CHF 0.100
Single Platform Inve 1.3400 6/20/2041 EUR 70.776
Centrosolar Group AG 7.0000 2/15/2016 EUR 2.505
Banque Federative du 0.1250 11/6/2030 EUR 74.620
Single Platform Inve 1.7850 7/30/2042 EUR 74.097
Credit Industriel Et 2.1600 10/29/2035 USD 69.368
Landesbank Baden-Wue 0.5400 1/29/2032 EUR 74.336
Turkey Government In 6.6250 2/17/2045 USD 73.706
Espirito Santo Finan 3.9540 10/27/2024 EUR 0.982
Vasakronan AB 1.6550 9/5/2039 SEK 64.314
HSBC Continental Eur 2.8900 9/11/2039 AUD 65.658
Department of Bouche 0.4570 10/8/2040 EUR 59.769
Deutsche Pfandbriefb 0.5000 11/18/2030 EUR 71.208
Transports publics f 0.5000 6/27/2041 CHF 72.612
OR PJSC 12.0000 11/14/2024 RUB 5.800
DZ Bank AG Deutsche 2.6960 6/24/2026 EUR 71.990
Credit Agricole Corp 1.5000 5/10/2034 EUR 71.550
Bayerische Landesban 2.3000 2/24/2023 EUR 58.860
Credit Suisse AG/Lon 13.7500 4/13/2023 USD 59.870
ENVIEN Magyarorszag 2.5000 5/18/2031 HUF 68.870
UBS AG/London 10.0000 3/23/2026 USD 38.230
Credit Suisse AG/Lon 5.8800 6/28/2023 USD 9.160
Credit Suisse AG/Lon 18.0000 3/31/2023 USD 51.780
Hunland Feed Kft 2.8800 7/21/2031 HUF 68.220
Luzerner Kantonalban 14.4800 2/14/2023 CHF 74.620
Credit Suisse AG/Lon 5.8000 7/12/2023 USD 8.730
Uniservice Capital L 8.8000 1/21/2029 RUB 75.010
UniCredit Bank AG 4.5500 12/22/2025 EUR 72.960
Nordea Bank Abp 4.1000 7/20/2023 SEK 50.785
Liga Bank eG Regensb 0.8500 5/4/2034 EUR 74.711
Heta Asset Resolutio 4.8750 12/31/2023 EUR 1.563
NRW Bank 1.1550 9/21/2050 EUR 66.763
Kreditanstalt fuer W 0.9530 1/24/2042 EUR 71.266
Societe Generale SA 2.3700 9/17/2035 AUD 62.066
ABN AMRO Bank NV 0.4500 12/12/2036 EUR 69.862
Region Bretagne SCI 0.8150 6/12/2040 EUR 64.946
National Grid Electr 3.1200 12/10/2039 AUD 71.436
Communaute Francaise 2.1770 8/17/2068 EUR 71.533
Nederlandse Watersch 0.9550 2/13/2051 EUR 60.183
Communaute Francaise 0.3920 1/22/2041 EUR 56.635
Aareal Bank AG 0.5200 4/18/2031 EUR 72.839
Single Platform Inve 0.7510 11/6/2047 EUR 53.952
Wirtschafts- und Inf 0.3500 3/31/2036 EUR 69.153
Region Wallonne Belg 1.2400 5/28/2069 EUR 47.074
Region de Bruxelles- 1.0290 1/14/2048 EUR 56.593
Berlin Hyp AG 0.3750 9/29/2031 EUR 74.562
Landesbank Baden-Wue 0.6000 3/5/2036 EUR 65.885
DZ Bank AG Deutsche 0.8000 2/2/2037 EUR 69.783
ABN AMRO Bank NV 1.5970 6/26/2043 EUR 74.999
Goldman Sachs Intern 2.2000 2/1/2036 USD 69.382
HSBC Continental Eur 1.3850 11/18/2039 EUR 71.642
Caisse Francaise de 0.8650 2/17/2042 EUR 66.972
NRW Bank 1.2450 9/7/2060 EUR 63.259
Societe Generale SA 2.9700 4/15/2036 USD 70.195
Romanian Government 2.8750 4/13/2042 EUR 59.560
Wirtschafts- und Inf 0.2000 12/2/2043 EUR 55.332
NRW Bank 1.0200 8/1/2049 EUR 56.481
DZ Bank AG Deutsche 0.7000 4/29/2036 EUR 72.243
Ville de Paris 0.9210 5/26/2053 EUR 50.699
BPCE SA 2.2500 3/13/2040 AUD 51.242
Natixis SA 2.3000 2/2/2036 USD 73.153
Liga Bank eG Regensb 0.0100 1/29/2036 EUR 64.133
DNB Boligkreditt AS 1.5570 9/11/2042 EUR 74.168
Wirtschafts- und Inf 0.4500 12/1/2038 EUR 67.735
Bazalgette Finance P 0.1740 5/16/2049 GBP 68.617
Communaute Francaise 1.6000 6/22/2047 EUR 67.550
Banque International 0.5100 2/10/2031 EUR 72.646
Slovenska Sporitelna 4.4900 EUR 61.811
Nederlandse Watersch 1.5770 12/9/2039 GBP 68.387
Centre Hospitalier R 1.5000 4/27/2050 EUR 69.255
Caisse des Depots et 1.7800 1/15/2048 EUR 71.047
Single Platform Inve 1.2500 8/15/2051 EUR 61.946
Wirtschafts- und Inf 0.2500 8/11/2039 EUR 63.699
Canton of Geneva Swi 0.0500 8/27/2041 CHF 71.075
Agence France Locale 0.5700 9/20/2040 EUR 63.386
Rikshem AB 2.9000 1/23/2035 AUD 71.573
Aktia Bank Oyj 0.9900 1/15/2035 EUR 72.904
UBS AG/London 1.6000 4/18/2049 EUR 68.549
Single Platform Inve 0.5590 2/15/2047 EUR 53.016
Irish Bank Resolutio 6.7500 11/30/2013 BGN 33.294
Cie de Financement F 0.9750 8/11/2046 EUR 65.928
Deutsche Pfandbriefb 0.6130 9/30/2032 EUR 65.695
Landesbank Baden-Wue 1.0800 7/16/2035 EUR 71.671
Caisse des Depots et 1.1140 9/20/2049 EUR 59.516
Pfandbriefbank schwe 0.2500 5/17/2040 CHF 74.519
Societe Generale SA 1.1000 2/20/2034 EUR 73.361
Intesa Sanpaolo Bank 3.1020 11/19/2035 AUD 69.303
International Bank o 8.2500 10/9/2024 USD 60.375
Natixis SA 1.1500 1/23/2035 EUR 72.466
Norske Skogindustrie 2.0000 12/30/2115 EUR 0.113
Deutsche Bank AG/Lon 11.2100 6/26/2025 TRY 68.807
Communaute Francaise 2.0000 4/14/2076 EUR 68.909
DLR Kredit A/S 0.5000 10/1/2053 DKK 67.649
Communaute Francaise 0.5000 6/27/2046 EUR 51.014
Landesbank Hessen-Th 0.8500 7/17/2035 EUR 71.900
VTB Bank PJSC 8.4000 5/21/2030 RUB 55.000
Landesbank Hessen-Th 0.8500 2/18/2036 EUR 63.150
DVM Construction Fov 3.0000 7/29/2030 HUF 63.700
Rosseti Kuban PJSC 10.4400 11/21/2025 RUB 75.000
Epito-Es Epuletkarba 3.0000 11/11/2030 HUF 65.500
IEC Optima Ltd Co 15.0000 10/29/2024 RUB 4.180
Bank Vontobel AG 11.6000 6/20/2023 CHF 63.800
Leonteq Securities A 14.0000 2/13/2023 CHF 33.160
Landesbank Hessen-Th 1.5000 2/10/2037 EUR 66.450
Bank Vontobel AG 8.0000 11/27/2023 EUR 45.100
Zurcher Kantonalbank 7.5000 7/10/2023 USD 69.370
Zurcher Kantonalbank 6.0000 4/14/2023 CHF 32.680
Glavtorg LLC 14.5000 12/12/2024 RUB 5.540
Citigroup Global Mar 12.3787 11/13/2023 SEK 46.950
Leonteq Securities A 13.0000 2/22/2023 CHF 35.530
DZ Bank AG Deutsche 9.2500 4/28/2023 EUR 38.950
Greenergy Holding Va 3.0000 9/21/2031 HUF 67.346
Leonteq Securities A 18.0000 2/14/2023 CHF 37.090
AutoWallis Nyrt 3.0000 7/27/2031 HUF 64.750
Sintekom TH OOO 13.0000 1/23/2025 RUB 65.390
Raiffeisen Schweiz G 7.0000 3/17/2023 CHF 69.160
Basler Kantonalbank 9.0000 6/22/2023 CHF 72.040
DZ Bank AG Deutsche 5.0000 3/24/2023 EUR 72.990
Credit Suisse AG/Lon 25.7500 6/8/2027 USD 74.300
Bank Vontobel AG 7.5000 3/31/2023 CHF 65.000
Leonteq Securities A 15.0000 4/21/2023 CHF 44.720
Societe Generale SA 12.2640 11/2/2023 USD 20.350
VTB Bank PJSC 10.0000 RUB 37.930
Landesbank Hessen-Th 1.7500 2/16/2037 EUR 68.000
UBS AG/London 11.7500 8/2/2023 EUR 74.600
Opus Global Nyrt 3.2000 4/29/2031 HUF 71.000
Landesbank Baden-Wue 5.6900 2/24/2023 EUR 68.110
DZ Bank AG Deutsche 4.0500 6/23/2023 EUR 60.470
Busy Bee Finance PLC 5.0000 6/28/2029 EUR 65.000
Bank Vontobel AG 7.2524 4/24/2023 CHF 50.200
SG Issuer SA 1.8000 8/14/2034 EUR 70.780
LP Portfolio Vagyonk 2.8000 11/30/2030 HUF 64.400
Landesbank Hessen-Th 1.5000 10/20/2036 EUR 63.900
Reneszansz Kofarago 3.2000 4/9/2031 HUF 73.000
Infogroup Holding Kf 3.0000 5/20/2031 HUF 65.050
Raiffeisen Bank Inte 6.5000 6/9/2023 EUR 38.250
Quintet Private Bank 6.0500 5/26/2026 USD 70.990
Trans-Sped Logisztik 2.5000 3/16/2030 HUF 67.630
Vontobel Financial P 19.0000 3/24/2023 EUR 60.570
SunDell Estate Nyrt 3.6500 7/9/2031 HUF 69.500
SG Issuer SA 7.6000 1/20/2025 SEK 55.750
SG Issuer SA 11.1700 7/20/2025 SEK 39.280
Landesbank Baden-Wue 4.8694 2/20/2034 EUR 72.310
Resursosberezhenie H 9.0000 6/17/2031 RUB 60.050
Kraus-M ZAO 10.0000 12/10/2026 RUB 60.050
Market Epito Zrt 2.9500 10/22/2029 HUF 68.000
Opus Global Nyrt 2.8000 10/29/2029 HUF 69.500
BNP Paribas Issuance 1.5600 2/2/2039 EUR 54.610
Russian Railways JSC 12.7700 10/15/2040 RUB 50.000
Forras Vagyonkezeles 3.2500 10/1/2030 HUF 68.990
Hypo Vorarlberg Bank 1.5900 8/25/2050 EUR 56.971
Region of Pays de la 0.9240 11/4/2044 EUR 60.133
Single Platform Inve 0.9500 2/15/2044 EUR 61.741
Region de Bruxelles- 0.8080 1/31/2050 EUR 52.200
Nederlandse Watersch 1.2000 11/26/2049 EUR 66.556
Morgan Stanley & Co 3.1000 10/28/2041 AUD 68.765
DZ Bank AG Deutsche 1.0000 2/8/2035 EUR 71.696
Kuntarahoitus Oyj 1.0000 10/25/2049 EUR 66.930
Erste Group Bank AG 1.1700 1/28/2037 EUR 73.194
BNP Paribas SA 2.7200 12/12/2034 AUD 65.843
DZ Bank AG Deutsche 0.6000 9/30/2033 EUR 72.323
Laurel GmbH 7.1250 11/16/2017 EUR 7.750
Petromena ASA 9.7500 5/24/2016 NOK 0.607
Kaupthing ehf 5.0820 12/1/2008 EUR 0.250
Raiffeisen Landesban 1.1320 8/16/2049 EUR 66.131
Santander Internatio 1.1800 12/5/2034 EUR 72.723
LBI ehf 6.1000 8/25/2011 USD 10.162
Single Platform Inve 1.2600 1/22/2049 EUR 61.751
Ministeries Van de V 1.0950 6/3/2055 EUR 51.416
Portugal Obrigacoes 1.0000 4/12/2052 EUR 52.959
Citigroup Global Mar 1.2000 12/23/2036 EUR 67.398
Norddeutsche Landesb 0.4000 3/11/2031 EUR 73.805
Basque Government 2.3500 4/11/2049 EUR 75.061
Natixis SA 3.0000 10/18/2051 USD 67.944
Erste Group Bank AG 1.0100 10/7/2041 EUR 65.393
Landesbank Saar 0.6800 3/29/2034 EUR 71.932
Willhem AB 1.8240 10/18/2038 SEK 66.956
Agence Francaise de 2.3600 10/17/2044 AUD 61.756
Kuntarahoitus Oyj 0.9600 10/25/2049 EUR 66.222
Credit Mutuel Arkea 0.7300 10/14/2036 EUR 65.411
Grand Delta Habitat 1.7500 10/28/2061 EUR 74.169
Hypo Vorarlberg Bank 0.9200 7/8/2036 EUR 63.081
Norddeutsche Landesb 0.5000 7/28/2031 EUR 73.756
Landesbank Saar 0.7100 12/6/2035 EUR 69.666
Single Platform Inve 0.8525 3/20/2040 EUR 63.816
Norddeutsche Landesb 0.6500 11/11/2031 EUR 74.396
SpareBank 1 SR-Bank 1.0200 10/8/2036 EUR 66.883
Republic of Ireland 1.2300 5/29/2120 EUR 47.381
Norddeutsche Landesb 0.5250 1/19/2032 EUR 73.380
Landesbank Baden-Wue 0.6800 6/22/2034 EUR 70.276
HSBC Continental Eur 2.0250 3/19/2049 EUR 74.892
Caisse des Depots et 1.2700 10/1/2051 EUR 60.618
Vasakronan AB 2.1620 5/4/2040 SEK 69.670
Single Platform Inve 1.5475 10/31/2050 EUR 65.289
Wirtschafts- und Inf 0.4210 3/17/2039 EUR 65.971
Landesbank Baden-Wue 1.1000 5/7/2040 EUR 67.988
Region Provence-Alpe 0.5690 10/1/2038 EUR 65.088
Ville de Paris 0.9630 12/6/2051 EUR 53.010
Deutsche Bank AG 2.0100 12/10/2052 EUR 69.614
Caisse Francaise de 1.4280 2/19/2049 EUR 74.962
Single Platform Inve 3.5050 8/6/2046 AUD 68.666
Caisse des Depots et 2.2050 9/28/2041 AUD 62.444
UBS AG/London 0.1200 5/25/2040 MXN 13.636
Landesbank Baden-Wue 0.7700 6/23/2036 EUR 67.483
Credit Suisse AG/Lon 1.0000 9/24/2035 EUR 58.297
Norddeutsche Landesb 0.5000 7/7/2031 EUR 73.921
Societe Generale SA 2.7000 3/25/2036 USD 67.924
Landesbank Baden-Wue 0.2500 5/27/2037 EUR 65.401
Caisse des Depots et 2.6150 11/15/2049 AUD 62.850
Norddeutsche Landesb 1.3000 3/16/2037 EUR 68.502
Aktia Bank Oyj 0.9650 12/11/2040 EUR 64.905
Municipality of Alme 0.2100 9/14/2035 EUR 70.322
Landesbank Hessen-Th 1.0000 8/18/2036 EUR 68.840
Northland Resources 12.2500 3/26/2016 USD 2.621
Citigroup Global Mar 1.2300 8/20/2039 EUR 63.722
Brussels Municipalit 0.3840 6/15/2035 EUR 69.793
Norddeutsche Landesb 0.4500 5/14/2031 EUR 73.853
Bayerische Landesban 1.6820 5/2/2036 EUR 73.420
Italy Buoni Polienna 2.1500 3/1/2072 EUR 60.059
Renovables Atlasol S 2.2000 12/31/2038 EUR 73.711
Metropole de Lyon 0.5000 12/28/2048 EUR 48.093
Natixis SA 3.6000 11/16/2041 AUD 71.765
Norddeutsche Landesb 0.3250 9/15/2031 EUR 72.285
Single Platform Inve 2.0700 6/1/2040 NOK 71.175
Credit Bank of Mosco 3.1000 1/21/2026 EUR 21.990
Bayerische Landesban 0.1500 4/9/2031 EUR 72.707
BPCE SA 3.0000 11/18/2036 AUD 63.598
Bayerische Landesban 0.2800 10/9/2030 EUR 74.395
Barclays Bank PLC 0.9400 8/2/2049 JPY 64.121
NRW Bank 1.4000 3/19/2070 EUR 63.130
Norddeutsche Landesb 0.5000 6/16/2031 EUR 74.069
Kreditanstalt fuer W 0.6000 2/16/2051 EUR 58.797
Raiffeisen-Landesban 0.0500 9/13/2033 EUR 70.663
Region de Bruxelles- 1.5000 2/15/2039 EUR 74.923
Aktia Bank Oyj 0.6900 2/4/2036 EUR 68.351
Caisse des Depots et 1.4380 5/24/2051 EUR 63.906
Banque et Caisse d'E 1.2300 4/26/2046 EUR 74.167
Nederlandse Watersch 0.1300 9/6/2033 EUR 73.895
Single Platform Inve 1.1000 4/19/2039 JPY 108.855
DZ Bank AG Deutsche 0.6000 2/25/2036 EUR 67.479
Norddeutsche Landesb 0.6500 1/12/2032 EUR 73.973
Landesbank Hessen-Th 0.5000 3/10/2034 EUR 68.718
SpareBank 1 SMN 1.0000 7/3/2034 EUR 69.707
Caisse des Depots et 0.9820 11/6/2050 EUR 56.126
Santander Internatio 1.1920 12/7/2045 EUR 60.667
BPCE SA 2.4500 2/24/2035 AUD 61.537
Spain Government Bon 0.8500 7/30/2037 EUR 69.065
Norddeutsche Landesb 0.5000 10/14/2031 EUR 73.417
HYPO NOE Landesbank 1.6550 2/21/2034 EUR 74.169
Citigroup Global Mar 0.5200 3/19/2033 EUR 67.411
Single Platform Inve 0.4190 2/15/2040 EUR 58.878
DZ Bank AG Deutsche 0.4400 1/21/2036 EUR 63.341
Landesbank Hessen-Th 0.5000 2/18/2036 EUR 64.330
Norddeutsche Landesb 0.3500 2/11/2031 EUR 73.639
Standard Chartered B 0.5200 1/22/2041 JPY 87.427
Natixis SA 3.5500 11/12/2041 AUD 70.931
Grand Delta Habitat 1.6300 3/6/2045 EUR 68.146
Barclays Bank PLC 1.0110 2/1/2041 EUR 64.745
Societe Generale SA 2.3000 1/28/2036 USD 64.737
Single Platform Inve 1.9100 8/15/2036 NOK 72.938
Oberoesterreichische 0.6550 1/25/2036 EUR 67.115
Credito Padano Banca 3.1000 EUR 34.660
Societe Generale SA 2.7500 3/12/2040 AUD 58.338
Muenchener Hypotheke 1.6920 11/6/2051 EUR 72.579
Oberoesterreichische 0.7050 1/29/2036 EUR 67.591
Getin Noble Bank SA 11.3000 8/30/2024 PLN 50.706
NIBC Bank NV 0.4100 1/27/2031 EUR 71.846
Caisse des Depots et 1.2900 5/5/2051 EUR 61.305
Region Nouvelle-Aqui 0.6300 11/22/2039 EUR 63.606
Single Platform Inve 0.9075 2/15/2041 EUR 64.023
Region de Bruxelles- 0.9300 5/3/2051 EUR 53.235
Single Platform Inve 1.0225 2/15/2046 EUR 60.430
Natixis SA 1.3500 6/26/2039 EUR 69.129
LR Realkredit AS 1.0000 10/1/2050 DKK 68.603
Single Platform Inve 0.5320 2/15/2044 EUR 54.955
ABN AMRO Bank NV 1.4250 4/17/2045 EUR 70.805
SNCF Reseau 1.4750 3/30/2065 EUR 53.219
Muenchener Hypotheke 0.8860 3/26/2043 EUR 65.925
Norske Skog Holding 8.0000 2/24/2023 USD 0.006
Kreditanstalt fuer W 1.0750 12/20/2049 EUR 68.450
La Banque Postale Ho 1.2020 4/29/2039 EUR 73.919
BPCE SA 2.8200 12/18/2039 AUD 57.102
Credit Agricole Corp 2.4800 8/18/2050 USD 59.718
SAir Group 2.7500 7/30/2004 CHF 11.299
Hypo Tirol Bank AG 1.0100 1/20/2040 EUR 70.097
Bayerische Landesbod 0.0300 10/22/2035 EUR 67.561
DZ Bank AG Deutsche 0.7500 6/28/2033 EUR 74.209
Commerzbank AG 1.4300 1/23/2040 EUR 68.474
Saastopankkien Kesku 0.9750 8/18/2034 EUR 73.258
Communaute Francaise 1.7000 4/15/2049 EUR 67.588
Lehman Brothers Trea 23.3000 9/16/2008 USD 0.100
Lehman Brothers Trea 4.0500 9/16/2008 EUR 0.100
Single Platform Inve 0.6780 2/15/2041 EUR 60.437
Comunidad Foral de N 2.1000 4/30/2044 EUR 73.879
Department of Val d' 0.7350 7/3/2040 EUR 63.824
Societe Generale SA 1.5100 12/20/2044 EUR 65.117
DZ Bank AG Deutsche 1.5983 10/11/2050 EUR 62.766
Aktia Bank Oyj 0.6350 10/16/2035 EUR 68.251
Caisse des Depots et 0.6060 9/30/2039 EUR 67.172
NRW Bank 1.1820 8/7/2050 EUR 60.583
Oberoesterreichische 1.0140 9/16/2049 EUR 58.176
Comunidad Foral de N 0.5500 10/22/2035 EUR 68.382
Agence Francaise de 0.5370 7/16/2040 EUR 65.764
Oberoesterreichische 0.9530 9/16/2039 EUR 65.402
Credit Mutuel Arkea 1.1650 9/23/2039 EUR 66.552
Norddeutsche Landesb 1.4100 7/7/2037 EUR 67.998
Region Wallonne Belg 0.8080 6/24/2038 EUR 66.093
Caisse des Depots et 0.8100 9/6/2049 EUR 53.661
State of Rhineland-P 0.1000 10/1/2040 EUR 61.341
Agence Francaise de 2.3600 1/30/2045 AUD 61.622
Barclays Bank PLC 1.9877 12/1/2040 USD 70.509
Single Platform Inve 1.3750 7/25/2053 EUR 63.542
Agrokor dd 9.8750 5/1/2019 EUR 15.000
Region Occitanie 1.2380 3/2/2039 EUR 72.352
Perrigo Co PLC 5.3000 11/15/2043 USD 72.500
Kreditanstalt fuer W 0.2100 11/18/2037 EUR 64.884
Kreditanstalt fuer W 0.9020 11/16/2050 EUR 64.408
Landesbank Hessen-Th 0.9800 11/9/2060 EUR 57.801
Single Platform Inve 0.8730 5/25/2052 EUR 53.386
Kuntarahoitus Oyj 1.0050 11/4/2060 EUR 60.266
Barclays Bank PLC 1.6448 6/3/2041 USD 67.762
Barclays Bank PLC 2.3254 1/2/2041 USD 72.573
BNG Bank NV 0.0430 9/17/2033 EUR 73.236
Solarwatt GmbH 7.0000 11/1/2015 EUR 15.500
Raiffeisen Landesban 1.6220 5/28/2054 EUR 72.600
NRW Bank 0.5100 9/23/2039 EUR 66.172
Danske Bank A/S 0.8050 8/12/2036 EUR 71.812
Lehman Brothers Trea 0.8000 12/30/2016 EUR 0.100
Landesbank Hessen-Th 1.0500 11/17/2060 EUR 59.305
Ukraine Government I 7.7500 9/1/2027 USD 19.820
LP Portfolio Vagyonk 2.6400 1/8/2030 HUF 71.390
Vontobel Financial P 22.0000 6/23/2023 EUR 56.760
Corner Banca SA 8.4000 2/20/2023 CHF 54.930
UBS AG/London 6.3800 6/7/2023 USD 9.690
Raiffeisen Schweiz G 8.0000 3/24/2023 CHF 50.250
UBS AG/London 16.1500 2/15/2024 USD 67.180
Societe Generale SA 10.2600 4/14/2025 USD 71.100
Raiffeisen Schweiz G 9.5000 5/2/2023 CHF 44.420
Bank Julius Baer & C 10.0000 8/7/2023 USD 59.000
GVC George's Venture 2.5000 12/18/2030 HUF 71.780
VTB Bank PJSC 13.0000 RUB 40.000
Metal Hungaria Holdi 3.5000 11/16/2031 HUF 68.000
Societe Generale SA 20.0000 6/28/2024 USD 49.990
Bank Julius Baer & C 15.0000 5/3/2023 CHF 31.700
Ebis OOO 12.0000 4/9/2024 RUB 2.660
Leonteq Securities A 22.0000 5/12/2023 CHF 71.070
Luzerner Kantonalban 9.7000 3/23/2023 CHF 61.120
Societe Generale SA 16.0000 7/3/2024 USD 19.130
Bank Vontobel AG 7.5000 12/4/2023 CHF 74.100
Banque Cantonale Vau 7.3000 9/16/2024 CHF 20.360
Societe Generale SA 16.0000 8/1/2024 USD 17.500
AutoWallis Nyrt 3.0000 4/15/2030 HUF 66.870
TransKomplektHolding 9.5000 11/2/2028 RUB 60.100
TKK OOO 12.0000 9/20/2046 RUB 60.100
State of Saxony-Anha 2.2238 7/3/2028 EUR 60.000
Communaute Francaise 0.8175 8/28/2050 EUR 51.555
Landesbank Berlin AG 2.0580 11/4/2031 EUR 74.387
Single Platform Inve 1.4420 7/25/2053 EUR 65.049
Kreditanstalt fuer W 0.6600 11/12/2039 EUR 69.544
Heta Asset Resolutio 5.2700 12/31/2023 EUR 1.563
Region of Centre-Val 0.7550 11/2/2037 EUR 69.101
Region de Bruxelles- 0.2830 10/24/2033 EUR 72.075
Department of Bouche 0.8100 12/16/2041 EUR 62.423
Single Platform Inve 0.9240 2/18/2049 EUR 55.262
BNP Paribas SA 1.3000 1/28/2037 EUR 72.437
Region Wallonne Belg 1.3000 6/16/2068 EUR 48.838
Region de Bruxelles- 1.0650 6/12/2058 EUR 49.897
Oberoesterreichische 0.3150 9/14/2035 EUR 69.347
Caisse des Depots et 1.0750 9/15/2050 EUR 57.822
HSBC Continental Eur 1.1400 8/26/2049 EUR 61.352
Landesbank Hessen-Th 0.7500 9/18/2034 EUR 69.775
Nederlandse Watersch 1.1250 7/8/2050 EUR 63.910
Norddeutsche Landesb 1.0000 10/26/2035 EUR 66.858
Lehman Brothers Trea 4.8694 3/16/2035 EUR 0.100
Single Platform Inve 1.1025 5/25/2052 EUR 57.647
NRW Bank 1.0000 6/24/2051 EUR 63.859
Region Auvergne-Rhon 0.6500 5/18/2038 EUR 66.784
Raiffeisenlandesbank 1.5000 10/21/2039 EUR 70.889
Region de Bruxelles- 0.7200 10/17/2051 EUR 48.384
Raiffeisenlandesbank 0.8350 10/20/2036 EUR 72.186
Brussels Municipalit 0.8320 3/29/2041 EUR 63.598
Deutsche Bank AG 2.5300 10/7/2036 USD 70.084
Single Platform Inve 1.2400 5/25/2052 EUR 61.002
Ministeries Van de V 0.9400 5/12/2050 EUR 50.158
Region Auvergne-Rhon 0.5300 9/29/2036 EUR 68.996
Republic of Poland G 1.2500 10/25/2030 PLN 71.205
Single Platform Inve 1.4900 3/20/2051 EUR 64.400
UBS Group AG 2.3700 2/25/2036 USD 71.298
Liga Bank eG Regensb 0.7600 12/8/2036 EUR 69.748
Communaute Francaise 1.8400 3/1/2049 EUR 73.277
Caisse des Depots et 0.3225 6/4/2035 EUR 71.309
Kreditanstalt fuer W 0.9430 6/9/2050 EUR 65.749
Credit Agricole Corp 2.6500 1/29/2035 AUD 71.763
NIBC Bank NV 0.6600 7/14/2031 EUR 72.628
BNP Paribas SA 3.6600 8/9/2039 AUD 67.855
Nederlandse Watersch 1.4860 4/24/2052 EUR 70.682
Caisse des Depots et 1.0380 7/31/2049 EUR 57.629
BNG Bank NV 1.4375 11/10/2046 EUR 69.723
Nederlandse Watersch 1.4275 11/14/2046 EUR 72.626
Romania Government B 4.2500 4/28/2036 RON 72.251
Single Platform Inve 1.1650 7/30/2035 EUR 73.294
Region Provence-Alpe 0.3580 8/31/2035 EUR 69.706
DZ Bank AG Deutsche 0.5500 9/9/2036 EUR 70.213
Finland Government B 0.1250 4/15/2052 EUR 47.662
SG Issuer SA 3.0000 10/10/2034 ZAR 44.717
Societe Generale SA 2.0500 2/18/2031 AUD 70.786
Caisse des Depots et 0.6420 2/12/2041 EUR 61.739
Kreditanstalt fuer W 0.8200 4/15/2050 EUR 65.306
Region de Bruxelles- 0.9000 4/14/2050 EUR 53.476
Parnassia Groep BV 1.4300 12/1/2043 EUR 55.384
SNCF Reseau 2.0290 1/22/2048 EUR 73.805
Region Auvergne-Rhon 0.6970 8/2/2036 EUR 71.142
Metropole de Lyon 0.5400 12/7/2050 EUR 46.374
Landesbank Hessen-Th 0.9000 5/12/2036 EUR 68.124
Norddeutsche Landesb 1.0500 1/6/2039 EUR 61.906
Single Platform Inve 0.9320 2/15/2041 EUR 63.167
Basque Government 1.7500 4/22/2050 EUR 63.574
State of North Rhine 0.9500 1/10/2121 EUR 39.883
Credit Agricole Corp 2.2800 1/19/2036 USD 69.466
DZ Bank AG Deutsche 0.5500 1/21/2036 EUR 67.178
Landesbank Saar 0.1300 8/24/2033 EUR 73.539
Autonomous Community 1.2500 10/31/2040 EUR 65.727
Region of Centre-Val 0.7250 12/12/2039 EUR 64.690
Muenchener Hypotheke 0.4200 11/16/2033 EUR 71.848
Region Nouvelle-Aqui 0.8140 11/22/2044 EUR 58.433
Opportunity SA/LU 0.4000 11/13/2030 EUR 73.796
Norddeutsche Landesb 1.6000 4/14/2037 EUR 71.506
Norddeutsche Landesb 1.7500 4/14/2037 EUR 73.068
Getin Noble Bank SA 12.3200 3/31/2023 PLN 55.163
Hemso Fastighets AB 2.1270 4/18/2039 EUR 71.193
Region de Bruxelles- 1.9220 4/24/2059 EUR 66.724
DZ HYP AG 0.3000 8/21/2035 EUR 69.099
Single Platform Inve 1.1500 5/25/2066 EUR 53.353
Ville de Paris 0.4640 8/20/2040 EUR 60.977
Republic of Austria 1.5000 11/2/2086 EUR 61.438
SAir Group 6.2500 4/12/2005 CHF 11.343
Cooperatieve Raboban 0.5000 8/21/2028 MXN 57.438
Portugal Obrigacoes 0.9000 10/12/2035 EUR 74.559
Agence Francaise de 0.7140 7/10/2045 EUR 60.459
BNP Paribas SA 3.5900 7/20/2040 AUD 66.274
SNCF Reseau 1.1000 10/27/2036 EUR 74.696
Communaute Francaise 2.0410 4/12/2069 EUR 68.137
Natixis SA 2.4200 9/29/2035 AUD 67.110
Santander Internatio 2.7700 7/2/2035 USD 73.312
BPCE SA 1.9800 10/6/2030 AUD 70.677
Landesbank Hessen-Th 0.7000 11/2/2034 EUR 69.091
Lehman Brothers Trea 5.2500 4/1/2023 EUR 0.100
Cooperatieve Raboban 1.4300 9/1/2036 EUR 71.819
Deutsche Bank AG/Lon 0.5000 8/23/2038 MXN 20.213
Banque International 0.4800 11/13/2030 EUR 73.202
Natixis SA 2.9000 1/29/2040 AUD 65.204
Ferrovie Luganesi SA 0.2800 12/31/2044 CHF 70.135
Nederlandse Watersch 1.5510 11/24/2061 EUR 68.539
Republic of Austria 1.5000 2/20/2047 EUR 74.601
NRW Bank 0.3600 10/15/2035 EUR 71.855
Barclays Bank PLC 1.2350 11/27/2040 EUR 67.962
Kreditanstalt fuer W 1.1100 7/13/2046 EUR 71.637
State of North Rhine 0.8800 7/12/2040 EUR 70.479
Ukraine Government I 7.7500 9/1/2029 USD 20.559
MARSO Ltd 2.3000 12/17/2029 HUF 69.810
GSP-Finance LLC/Russ 9.4300 3/27/2028 RUB 70.000
SG Issuer SA 7.5000 1/20/2025 SEK 54.310
Societe Generale SA 0.7050 11/12/2035 EUR 65.390
Rosbank PJSC 0.0100 4/30/2024 RUB 60.050
Rosbank PJSC 0.0300 4/30/2024 RUB 60.050
Rosbank PJSC 0.0200 4/30/2024 RUB 60.050
Credit Suisse AG/Lon 7.0000 12/17/2026 EUR 60.590
Leonteq Securities A 18.0000 5/2/2023 CHF 40.740
OTP Munkavallalok Ii 4.5000 7/14/2031 HUF 72.120
Bank Severnyy Morsko 8.5000 RUB 75.000
Credit Suisse AG/Lon 7.6500 3/3/2023 USD 41.500
Raiffeisen Schweiz G 11.0000 2/13/2023 CHF 52.470
DekaBank Deutsche Gi 3.5100 4/28/2023 EUR 65.490
VTB Bank PJSC 5.0000 USD 33.500
Leonteq Securities A 30.0000 9/1/2023 CHF 61.900
Raiffeisen Schweiz G 7.7000 11/8/2023 CHF 42.600
Global Refuse Holdin 5.1000 1/28/2032 HUF #N/A N/A
Corner Banca SA 8.0000 6/21/2023 CHF 54.930
Credit Suisse AG/Lon 13.7000 9/25/2023 USD 23.320
UBS AG/London 7.2500 8/4/2023 CHF 65.400
Landesbank Hessen-Th 1.5000 12/16/2036 EUR 66.000
Raiffeisen Schweiz G 10.0000 2/20/2023 CHF 43.960
UniCredit Bank AG 0.9000 3/24/2036 EUR 67.240
Raiffeisen Schweiz G 8.0000 7/19/2023 CHF 54.850
Erste Group Bank AG 4.5000 10/1/2025 EUR 42.450
Leonteq Securities A 14.0000 8/23/2023 CHF 67.860
Landesbank Baden-Wue 4.8694 1/30/2034 EUR 73.030
SG Issuer SA 8.7000 1/20/2025 SEK 56.140
RENE LEZARD Mode Gmb 7.2500 11/25/2017 EUR 0.400
Aranynektar Termekgy 3.5000 4/3/2030 HUF 58.915
Lehman Brothers Trea 5.2200 3/1/2024 EUR 0.100
Kreditanstalt fuer W 0.8850 11/14/2039 EUR 71.620
BNP Paribas SA 1.0100 10/5/2035 EUR 70.740
DZ Bank AG Deutsche 0.7000 3/2/2034 EUR 74.323
Single Platform Inve 2.1500 10/21/2041 NOK 71.321
Region of Centre-Val 0.6680 11/2/2035 EUR 72.461
Deutsche Apotheker-u 1.0900 12/16/2039 EUR 66.191
Societe Wallonne de 1.0660 9/18/2046 EUR 53.568
DLR Kredit A/S 0.5000 10/1/2050 DKK 71.072
Kreditanstalt fuer W 1.0300 12/6/2049 EUR 67.710
Landesbank Hessen-Th 1.2350 12/10/2049 EUR 67.810
Hypo Tirol Bank AG 0.7400 5/29/2040 EUR 66.097
Single Platform Inve 0.8870 9/20/2039 EUR 65.233
Lehman Brothers Trea 4.2000 12/3/2008 HKD 0.100
DLR Kredit A/S 0.5000 10/1/2050 DKK 68.559
Lehman Brothers Trea 5.1025 6/22/2046 EUR 0.100
Privatbank CJSC Via 10.8750 2/28/2018 USD 6.534
Cooperatieve Raboban 2.2500 9/15/2047 EUR 70.462
Brussels Municipalit 0.8920 9/29/2041 EUR 63.864
Kingdom of Belgium G 1.7000 6/22/2050 EUR 72.420
Deutsche Bank AG 0.6100 9/30/2031 EUR 74.502
Landesbank Hessen-Th 1.2000 2/16/2037 EUR 70.533
Single Platform Inve 1.5100 2/13/2043 EUR 69.949
Progressio Infrastru 1.2500 4/25/2033 EUR 74.364
Kreditanstalt fuer W 1.1710 7/19/2051 EUR 68.221
Norddeutsche Landesb 1.5200 2/11/2038 EUR 68.253
Kuntarahoitus Oyj 1.3000 4/8/2061 EUR 67.043
Kreditanstalt fuer W 0.3010 10/15/2034 EUR 74.186
Region de Bruxelles- 0.8290 7/2/2043 EUR 59.896
DZ Bank AG Deutsche 1.4700 1/20/2042 EUR 67.745
Raiffeisenlandesbank 2.0700 6/18/2049 EUR 74.152
Malta Government Bon 1.0000 8/23/2035 EUR 72.950
DZ Bank AG Deutsche 0.8000 6/24/2036 EUR 73.151
SG Issuer SA 0.6000 3/7/2033 EUR 74.004
Kuntarahoitus Oyj 1.1700 9/22/2056 EUR 67.114
Sweden Government Bo 1.3750 6/23/2071 SEK 61.618
Republic of Ireland 1.2300 6/23/2121 EUR 47.073
DZ Bank AG Deutsche 0.5000 3/24/2031 EUR 74.592
Landesbank Baden-Wue 0.5200 3/6/2034 EUR 69.103
Muenchener Hypotheke 1.1720 10/30/2047 EUR 69.697
Assistance Publique 0.7500 12/3/2041 EUR 63.118
Landesbank Baden-Wue 0.4200 3/5/2032 EUR 73.270
Landesbank Baden-Wue 0.8500 5/27/2033 EUR 73.694
Credit Agricole Corp 3.2000 3/19/2041 AUD 68.625
Landesbank Hessen-Th 1.0000 2/11/2037 EUR 68.742
Credit Bank of Mosco 5.1500 2/20/2024 EUR 26.153
BNG Bank NV 0.5620 6/7/2051 EUR 60.464
Berlin Hyp AG 0.3490 12/10/2031 EUR 73.926
Single Platform Inve 1.0800 7/18/2036 EUR 71.149
Landesbank Hessen-Th 0.9500 4/9/2036 EUR 68.658
Region de Bruxelles- 1.0200 4/30/2060 EUR 48.362
Societe Generale SA 2.6300 3/2/2036 USD 67.451
Lloyds Bank PLC 2.4500 7/20/2048 EUR 75.031
Cooperatieve Raboban 1.3150 2/28/2039 EUR 74.611
Caisse des Depots et 1.9800 8/8/2048 EUR 72.771
NRW Bank 1.2760 2/15/2042 EUR 74.552
Erste Group Bank AG 0.9400 5/22/2034 EUR 72.864
SG Issuer SA 2.9100 10/29/2034 AUD 69.938
Norddeutsche Landesb 1.2500 3/8/2034 EUR 73.489
Muenchener Hypotheke 1.2850 4/19/2039 EUR 74.823
Kreditanstalt fuer W 0.9510 9/9/2050 EUR 59.670
Brussels Municipalit 0.3360 12/15/2035 EUR 68.133
BNP Paribas SA 3.1800 7/23/2034 AUD 70.387
Credit Industriel Et 2.0700 12/4/2035 USD 68.354
Single Platform Inve 0.6555 9/20/2050 EUR 50.269
Single Platform Inve 0.4568 2/15/2046 EUR 52.037
Kreditanstalt fuer W 1.1750 4/14/2051 EUR 70.210
Muenchener Hypotheke 1.0100 8/6/2044 EUR 58.712
Caisse des Depots et 1.0980 7/31/2049 EUR 58.660
Single Platform Inve 1.2500 10/18/2035 EUR 73.713
Muenchener Hypotheke 0.8050 4/16/2036 EUR 66.609
Tonon Luxembourg SA 9.2500 1/24/2020 USD 0.500
Caisse des Depots et 1.8150 11/27/2048 EUR 71.722
Hypo Tirol Bank AG 1.0900 1/21/2041 EUR 64.276
AlphaNotes ETP Dac 1.0000 9/15/2032 USD 67.457
Credit Industriel Et 0.9000 2/4/2041 EUR 62.734
Bayerische Landesban 0.0200 1/28/2031 EUR 72.628
Banque et Caisse d'E 1.0675 5/18/2041 EUR 74.105
Muenchener Hypotheke 0.3750 8/27/2031 EUR 73.692
Landesbank Hessen-Th 0.6000 4/9/2035 EUR 67.169
Wirtschafts- und Inf 0.5000 12/1/2038 EUR 67.963
Citigroup Global Mar 0.2500 2/9/2031 EUR 72.449
Landesbank Baden-Wue 0.7400 6/2/2036 EUR 67.195
Landesbank Baden-Wue 0.6500 6/1/2034 EUR 70.052
Deutsche Pfandbriefb 0.4800 5/19/2031 EUR 69.608
Norddeutsche Landesb 0.9500 6/16/2033 EUR 71.892
Cooperatieve Raboban 2.3600 9/25/2047 EUR 71.944
Landesbank Baden-Wue 0.5300 6/1/2032 EUR 73.749
Societe Generale SA 3.3100 11/29/2033 AUD 73.820
Hamburgische Investi 0.3720 2/22/2041 EUR 63.537
Cooperatieve Raboban 2.0900 12/27/2047 EUR 67.693
DZ Bank AG Deutsche 0.6000 12/4/2035 EUR 68.045
Credit Agricole SA 3.6100 4/20/2036 AUD 67.323
BNP Paribas SA 3.1700 1/7/2041 AUD 61.307
Landesbank Baden-Wue 0.5400 4/21/2033 EUR 71.543
Brussels Municipalit 0.8920 3/29/2041 EUR 64.593
Credit Industriel Et 0.8050 9/21/2033 EUR 73.453
Barclays Bank PLC 0.5000 10/1/2031 TRY 11.904
Republic of Ireland 1.0200 9/10/2086 EUR 48.036
Ringkjoebing Landbob 1.2300 5/28/2036 EUR 69.493
BNG Bank NV 1.6025 3/19/2048 EUR 72.505
Communaute Francaise 2.1000 6/30/2067 EUR 68.874
Getin Noble Bank SA 12.0000 5/31/2024 PLN 40.789
State of Bremen 0.5000 6/14/2034 EUR 75.004
Caisse des Depots et 1.7300 12/21/2048 EUR 70.287
Norddeutsche Landesb 0.7250 9/22/2036 EUR 63.013
Lloyds Bank PLC 1.7650 8/17/2037 EUR 72.456
DZ Bank AG Deutsche 0.5100 1/25/2036 EUR 66.773
Bayerische Landesban 0.3900 4/9/2032 EUR 71.130
CPI Property Group S 1.5000 1/27/2031 EUR 58.871
Merrill Lynch BV 2.6500 8/4/2036 AUD 69.831
Landesbank Baden-Wue 0.5900 12/7/2035 EUR 67.721
Hungary Government B 2.2500 6/22/2034 HUF 58.775
Landesbank Baden-Wue 0.0800 2/12/2031 EUR 74.667
Region Provence-Alpe 1.5470 11/29/2038 EUR 74.842
Grupo Isolux Corsan 0.2500 12/30/2018 EUR 0.157
DekaBank Deutsche Gi 1.8500 3/20/2045 EUR 71.188
Communaute Francaise 1.7280 4/11/2049 EUR 71.292
Single Platform Inve 0.7445 2/15/2047 EUR 55.948
Societe Wallonne de 0.9130 7/31/2040 EUR 56.588
Ville de Paris 0.7580 8/20/2060 EUR 41.207
Landesbank Hessen-Th 0.6000 11/26/2035 EUR 65.802
Lloyds Bank PLC 2.6370 1/16/2040 AUD 65.150
National Grid Electr 2.5000 7/24/2035 AUD 70.997
Lehman Brothers Trea 16.0000 12/26/2008 USD 0.100
Banque International 0.6800 10/9/2030 EUR 74.431
Deutsche Pfandbriefb 0.7650 9/12/2036 EUR 55.835
Republic of Ireland 0.8100 7/10/2079 EUR 44.479
Region Wallonne Belg 1.1270 10/3/2036 EUR 74.967
Landesbank Hessen-Th 1.0000 7/15/2060 EUR 58.646
Kreditanstalt fuer W 1.0270 10/26/2050 EUR 61.203
Hellas Telecommunica 6.0540 1/15/2015 USD 0.014
Credit Agricole Corp 10.3200 7/22/2026 TRY 62.379
DZ Bank AG Deutsche 1.2500 9/30/2060 EUR 60.640
Specialfastigheter S 1.2800 9/20/2049 SEK 56.783
Kuntarahoitus Oyj 0.7260 1/8/2060 EUR 46.783
Oberoesterreichische 0.6410 10/13/2035 EUR 67.437
NRW Bank 0.6120 10/21/2050 EUR 58.249
Region Wallonne Belg 1.1070 10/3/2036 EUR 73.923
Wirtschafts- und Inf 0.3950 9/23/2038 EUR 66.268
Nederlandse Watersch 0.2300 10/22/2035 EUR 69.960
Tonon Luxembourg SA 12.5000 5/14/2024 USD 2.680
Banque International 0.7750 11/18/2032 EUR 71.358
UBS Group AG 2.2100 11/24/2035 USD 70.336
Nederlandse Watersch 0.2600 11/10/2036 EUR 68.167
Landesbank Saar 0.5400 11/18/2033 EUR 70.910
SpareBank 1 SR-Bank 1.6500 2/24/2042 EUR 69.330
Berlin Hyp AG 0.4400 10/29/2035 EUR 63.823
Barclays Bank PLC 10.2000 2/14/2025 TRY 66.770
UniCredit Bank AG 0.0100 11/2/2033 EUR 70.466
Banque International 0.6750 10/29/2030 EUR 74.461
Ringkjoebing Landbob 1.8750 6/6/2039 EUR 71.350
Banca Popolare di Vi 9.5000 10/2/2025 EUR 0.380
Kaupthing ehf 4.3500 10/20/2008 EUR 0.250
Societe Wallonne de 0.8830 11/21/2044 EUR 61.775
Autonomous Community 1.0890 10/31/2049 EUR 53.528
Kreditanstalt fuer W 0.2200 11/19/2035 EUR 70.819
Bibby Offshore Servi 7.5000 6/15/2021 GBP 11.625
DeltaCredit Bank JSC 1.0000 5/18/2026 RUB 74.030
Axial Javito Kereske 2.0000 9/23/2030 HUF 61.007
Luzerner Kantonalban 5.3500 12/16/2024 CHF 69.060
Credit Suisse AG/Lon 7.5000 3/29/2023 CHF 70.360
B+N Referencia Ipari 3.5000 6/24/2031 HUF 71.600
Metal Hungaria Holdi 3.0000 11/17/2030 HUF 62.500
Bank Vontobel AG 8.2500 11/27/2023 EUR 71.400
MET Hungary Solar Pa 3.8000 12/2/2031 HUF 72.050
VTB Bank PJSC 0.0100 4/22/2026 RUB 70.010
Landesbank Hessen-Th 0.7500 11/17/2036 EUR 65.500
Sberbank of Russia P 0.0100 9/21/2028 RUB 63.300
Sibur Holding PAO 1.5000 10/1/2032 USD 47.000
MASTERPLAST Nyrt 2.1000 12/21/2027 HUF 73.000
Eltex Kft 3.5000 12/21/2028 HUF 71.200
MASTERPLAST Nyrt 2.9000 8/25/2031 HUF 62.500
Otthon Centrum Holdi 3.0000 4/19/2031 HUF 69.900
VTB Bank PJSC 11.2500 5/6/2037 RUB 40.100
Zurcher Kantonalbank 4.5000 7/14/2023 CHF 34.390
Takarek Mortgage Ban 2.6000 10/22/2028 HUF 69.500
DeloPorts LLC 0.0100 11/14/2025 RUB 70.010
Progress Etteremhalo 3.0000 9/18/2030 HUF 67.400
Region de Bruxelles- 0.7310 8/25/2060 EUR 41.624
Hellenic Republic Go 1.8750 1/24/2052 EUR 60.264
Communaute Francaise 0.9610 1/7/2047 EUR 60.444
VTB Bank OJSC Via VT 6.2500 6/30/2035 USD 22.826
Region de Bruxelles- 0.9800 1/10/2051 EUR 54.164
Department of Girond 0.6500 12/17/2038 EUR 65.637
Italy Buoni Polienna 1.8000 3/1/2041 EUR 69.057
Bayerische Landesban 3.5000 7/28/2036 EUR 73.469
Nederlandse Watersch 1.8500 2/11/2059 EUR 74.001
Norddeutsche Landesb 1.3100 3/23/2039 EUR 64.764
Credit Suisse AG/Lon 1.4000 12/20/2030 EUR 73.067
KPNQwest NV 7.1250 6/1/2009 EUR 0.680
Norddeutsche Landesb 1.1750 11/10/2036 EUR 67.502
Single Platform Inve 0.9010 2/15/2041 EUR 65.054
Norddeutsche Landesb 1.0000 11/8/2033 EUR 71.784
Norddeutsche Landesb 1.0500 11/17/2036 EUR 66.210
Societe Generale SA 2.6800 10/20/2031 AUD 73.714
Landesbank Baden-Wue 0.6600 11/9/2034 EUR 69.782
Credit Agricole SA 1.0000 4/6/2035 EUR 72.455
United Kingdom Gilt 1.5000 7/31/2053 GBP 58.652
Deutsche Bank AG 0.5100 9/16/2031 EUR 73.760
Nederlandse Watersch 1.9500 8/29/2058 EUR 73.892
Hungary Government B 3.0000 8/21/2030 HUF 72.265
Societe Du Grand Par 2.1000 2/14/2069 EUR 64.991
Region de Bruxelles- 0.7600 9/15/2038 EUR 66.661
Single Platform Inve 0.9500 5/17/2038 EUR 67.133
BPCE SA 2.3200 3/4/2036 USD 64.797
Credit Agricole SA 3.4500 3/4/2041 AUD 56.759
Kreditanstalt fuer W 0.7300 1/21/2050 EUR 63.717
Ministeries Van de V 1.3920 11/12/2041 EUR 66.626
Spain Government Bon 1.0000 10/31/2050 EUR 54.130
Credit Agricole Corp 1.3000 2/2/2061 EUR 52.826
Agence Francaise de 2.3300 2/10/2041 AUD 64.634
Spain Government Bon 1.4500 10/31/2071 EUR 48.567
UNEDIC ASSEO 0.1000 5/25/2034 EUR 70.857
Nederlandse Watersch 1.6500 5/27/2061 EUR 68.679
Single Platform Inve 0.7400 4/1/2042 EUR 60.769
Cooperatieve Raboban 1.5200 9/7/2043 EUR 74.228
Purple Protected Ass 1.5176 1/25/2061 EUR 65.694
Natixis SA 2.3000 12/24/2035 AUD 65.618
NRW Bank 1.0700 3/10/2051 EUR 65.137
Societe Generale SA 5.4000 11/17/2037 USD 51.094
Grand Delta Habitat 1.8200 3/18/2050 EUR 69.651
Credit Agricole Corp 10.8000 3/24/2026 TRY 63.174
Republic of Ireland 2.0000 6/29/2063 EUR 70.210
Caisse des Depots et 1.3000 4/28/2051 EUR 60.567
Citigroup Global Mar 0.2000 1/19/2031 EUR 72.714
UniCredit Bank AG 0.6100 5/2/2033 EUR 73.289
State of Lower Austr 1.7500 5/2/2047 EUR 73.609
Societe Nationale SN 2.9310 1/14/2051 AUD 66.426
Norddeutsche Landesb 1.2500 12/3/2036 EUR 68.235
Veneto Banca SpA 6.9440 5/15/2025 EUR 0.711
National Grid Electr 2.2260 12/19/2039 GBP 65.839
United Kingdom Gilt 1.2500 10/22/2041 GBP 65.606
Vedanta Resources Fi 9.2500 4/23/2026 USD 72.208
Region de Bruxelles- 0.6900 6/22/2050 EUR 49.075
Lehman Brothers Trea 3.0000 8/13/2011 EUR 0.100
Kuntarahoitus Oyj 0.5140 10/7/2039 EUR 67.597
Raiffeisen-Landesban 0.0600 10/3/2031 EUR 74.926
Region Provence-Alpe 0.7090 6/29/2040 EUR 64.810
Turkey Government In 4.8750 4/16/2043 USD 61.984
LBI ehf 7.4310 USD 0.001
State of Lower Austr 0.4000 10/13/2050 EUR 48.402
Communaute Francaise 1.5000 2/13/2045 EUR 66.333
Harp Issuer PLC 1.3997 2/14/2032 USD 69.762
French Republic Gove 0.7500 5/25/2052 EUR 55.688
Bausparkasse Wuesten 0.4850 6/25/2040 EUR 62.702
Sweden Government Bo 0.5000 11/24/2045 SEK 66.380
New World Resources 8.0000 4/7/2020 EUR 0.114
Bayerische Landesban 1.6000 7/21/2036 EUR 72.693
Bazalgette Finance P 0.6880 6/27/2050 GBP 71.160
Communaute Francaise 1.1150 7/11/2039 EUR 67.143
Department of Bouche 1.1000 7/8/2039 EUR 70.080
Skandinaviska Enskil 5.5200 7/15/2024 SEK #N/A N/A
Landesbank Hessen-Th 1.1500 6/13/2034 EUR 74.900
SG Issuer SA 1.5000 12/30/2032 EUR 46.270
Aragon OOO 13.5000 7/10/2029 RUB 62.000
Landesbank Baden-Wue 0.5000 9/5/2039 EUR 64.030
DZ Bank AG Deutsche 0.9100 6/25/2029 EUR 73.290
Landesbank Hessen-Th 1.5000 8/14/2035 EUR 65.900
Landesbank Hessen-Th 1.4500 7/10/2035 EUR 69.100
UniCredit Bank AG 4.7500 7/22/2024 EUR 60.520
Societe Generale Eff 5.0000 5/10/2023 EUR 60.900
AKB Peresvet ZAO 0.5100 2/14/2032 RUB 15.910
Ebis OOO 13.0000 8/11/2023 RUB 4.770
Landesbank Hessen-Th 1.3000 9/25/2035 EUR 67.700
Russian Railways JSC 12.7700 5/30/2040 RUB 50.000
Bank Julius Baer & C 10.2000 5/30/2023 EUR 2.450
Landesbank Hessen-Th 1.0000 9/3/2035 EUR 66.900
Koks PAO 9.2000 8/16/2023 RUB 60.050
Leonteq Securities A 4.2900 1/21/2025 EUR 53.560
Societe Generale SA 17.0000 1/17/2030 USD 48.300
UniCredit Bank AG 10.7000 2/3/2025 EUR 72.870
UniCredit Bank AG 10.7000 2/17/2025 EUR 73.560
Landesbank Baden-Wue 0.7000 9/5/2039 EUR 63.060
Ingrad AO 10.5000 12/6/2029 RUB 62.000
Baromfi-Coop Termelo 2.7000 11/20/2026 HUF 71.400
Bayerische Landesban 1.1000 1/26/2024 EUR 62.890
VTB Bank PJSC 0.0100 11/11/2025 RUB 74.040
VTB Bank PJSC 0.0100 12/9/2025 RUB 72.230
VTB Bank PJSC 0.0100 11/25/2025 RUB 74.520
UniCredit Bank AG 4.5500 9/28/2023 EUR 58.270
Landesbank Hessen-Th 9.7389 9/21/2033 EUR 73.600
Sberbank of Russia P 0.0100 1/19/2026 RUB 74.800
Nordea Bank Abp 2.0000 2/3/2026 SEK 64.550
DZ Bank AG Deutsche 0.5400 12/30/2030 EUR 74.840
UniCredit Bank AG 4.4500 9/11/2023 EUR 19.050
Daniella Kereskedelm 3.0000 7/30/2030 HUF 67.990
SG Issuer SA 1.6000 9/21/2033 EUR 74.700
Societe Generale Eff 5.6000 9/4/2023 EUR 65.730
Landesbank Baden-Wue 0.5000 12/23/2039 EUR 63.430
Bayerische Landesban 0.6500 12/22/2023 EUR 68.230
Gazprombank JSC 6.4000 12/28/2030 RUB 70.000
VTB Bank PJSC 0.0100 11/18/2025 RUB 73.260
VTB Bank PJSC 0.0100 12/2/2025 RUB 69.020
Pharmacy Chain 36.6 10.0000 11/30/2029 RUB 60.350
B+N Referencia Ipari 2.9000 12/20/2029 HUF 68.100
Appeninn Holding 3.5000 11/22/2029 HUF 65.500
Landesbank Hessen-Th 0.8000 11/26/2035 EUR 64.550
Vontobel Financial P 2.8580 1/4/2024 EUR 66.180
Landesbank Hessen-Th 0.6000 1/17/2035 EUR 70.800
Landesbank Baden-Wue 2.7000 9/22/2023 EUR 68.820
Region of Chelyabins 6.0000 12/17/2027 RUB 62.060
Baromfi-Coop Termelo 3.0000 5/19/2028 HUF 65.800
Rosselkhozbank JSC 0.0100 12/24/2023 RUB 65.020
Region of Chelyabins 6.0000 12/17/2027 RUB 62.060
SG Issuer SA 7.7400 7/20/2025 SEK 61.430
EFG International Fi 11.1200 12/27/2024 EUR 55.330
Societe Generale SA 21.0000 12/26/2025 USD 61.700
Landesbank Baden-Wue 0.5000 1/17/2040 EUR 63.320
Landesbank Hessen-Th 1.1000 12/27/2034 EUR 67.800
Landesbank Baden-Wue 1.0000 6/5/2039 EUR 66.970
Societe Generale SA 20.0000 8/31/2023 USD 9.250
Landesbank Hessen-Th 1.1500 7/19/2034 EUR 73.900
Landesbank Baden-Wue 1.0000 6/26/2039 EUR 66.220
Landesbank Baden-Wue 1.2500 6/26/2039 EUR 65.220
Morgan Stanley BV 0.0280 8/26/2025 EUR 58.000
Landesbank Baden-Wue 3.1500 3/24/2023 EUR 57.130
TransFin-M PAO 10.5000 6/28/2027 RUB 50.000
OR PJSC 11.5000 7/28/2024 RUB 4.910
Landesbank Hessen-Th 0.5000 2/14/2035 EUR 70.800
UniCredit Bank AG 4.9000 5/22/2023 EUR 64.680
Landesbank Hessen-Th 1.0000 7/10/2035 EUR 69.550
EFG International Fi 4.9000 9/4/2023 USD 54.040
KVS OOO 11.0000 12/8/2033 RUB 70.000
Landesbank Hessen-Th 1.6000 6/12/2035 EUR 70.400
Pervyi Konteinernyi 0.0100 2/6/2026 RUB 72.930
TKK OOO 10.9000 12/31/2033 RUB 60.100
Societe Generale SA 1.5800 9/16/2024 USD 3.700
Landesbank Baden-Wue 2.6500 9/22/2023 EUR 69.120
Landesbank Baden-Wue 0.7500 4/24/2034 EUR 73.300
Landesbank Baden-Wue 1.0000 4/24/2034 EUR 73.540
Aragon OOO 24.0000 3/16/2029 RUB 62.000
Landesbank Baden-Wue 1.6000 4/3/2039 EUR 68.810
Landesbank Baden-Wue 1.3000 4/3/2034 EUR 74.230
Landesbank Hessen-Th 4.8694 4/18/2034 EUR 73.700
Landesbank Baden-Wue 1.5000 4/16/2039 EUR 68.880
Citigroup Global Mar 8.2000 3/21/2024 SEK 65.020
Landesbank Baden-Wue 2.5500 6/23/2023 EUR 64.400
Landesbank Baden-Wue 1.2500 4/24/2039 EUR 67.150
Landesbank Hessen-Th 0.9000 7/12/2034 EUR 73.800
BNP Paribas Emission 11.0000 12/21/2023 EUR 67.420
BNP Paribas Emission 12.0000 12/21/2023 EUR 63.440
BNP Paribas Emission 6.5000 3/23/2023 EUR 69.870
BNP Paribas Emission 8.0000 3/23/2023 EUR 65.430
BNP Paribas Emission 9.0000 3/23/2023 EUR 65.520
BNP Paribas Emission 11.0000 3/23/2023 EUR 61.690
BNP Paribas Emission 16.0000 3/23/2023 EUR 56.990
BNP Paribas Emission 18.0000 3/23/2023 EUR 57.180
BNP Paribas Emission 8.0000 12/21/2023 EUR 68.640
BNP Paribas Emission 9.0000 3/23/2023 EUR 73.740
BNP Paribas Emission 12.0000 3/23/2023 EUR 67.410
BNP Paribas Emission 12.0000 6/22/2023 EUR 68.910
BNP Paribas Emission 13.0000 3/23/2023 EUR 67.150
BNP Paribas Emission 18.0000 3/23/2023 EUR 63.520
BNP Paribas Emission 20.0000 3/23/2023 EUR 68.270
Landesbank Hessen-Th 1.0000 8/6/2035 EUR 67.600
Raiffeisen Switzerla 3.8500 7/31/2023 CHF 52.840
BNP Paribas Emission 9.5000 12/21/2023 EUR 66.220
BNP Paribas Emission 18.0000 6/22/2023 EUR 72.140
BNP Paribas Emission 15.0000 3/23/2023 EUR 70.200
BNP Paribas Emission 17.0000 3/23/2023 EUR 70.390
BNP Paribas Emission 14.0000 3/23/2023 EUR 67.600
BNP Paribas Emission 10.0000 12/21/2023 EUR 72.590
BNP Paribas Emission 16.0000 3/23/2023 EUR 71.170
Bank Julius Baer & C 7.4000 9/18/2023 EUR 73.450
Landesbank Baden-Wue 6.2000 6/23/2023 EUR 70.380
Landesbank Baden-Wue 4.1000 7/28/2023 EUR 52.360
Landesbank Baden-Wue 10.0000 7/28/2023 EUR 40.760
Landesbank Hessen-Th 1.3000 2/27/2035 EUR 69.000
Landesbank Baden-Wue 1.7500 5/15/2039 EUR 66.200
Landesbank Baden-Wue 1.2500 5/15/2039 EUR 67.220
AKB Peresvet ZAO 0.5100 8/4/2034 RUB 28.190
Landesbank Hessen-Th 1.0000 10/1/2035 EUR 66.700
Raiffeisen Switzerla 10.5000 7/11/2024 USD 14.120
TransFin-M PAO 8.7900 2/4/2027 RUB 61.000
TKK OOO 17.1710 12/31/2033 RUB 60.100
EFG International Fi 5.5000 7/17/2023 USD 53.540
Russian Post FGUP 2.7500 12/6/2023 RUB 60.070
Landesbank Baden-Wue 2.6000 7/28/2023 EUR 68.950
SFO Social Developme 10.2100 1/8/2027 RUB 60.050
Vontobel Financial P 21.2500 6/23/2023 EUR 72.840
Leonteq Securities A 25.2000 6/16/2023 CHF 56.830
Landesbank Baden-Wue 7.6000 6/23/2023 EUR 70.370
Landesbank Baden-Wue 9.5000 6/23/2023 EUR 71.160
Landesbank Baden-Wue 6.8000 7/28/2023 EUR 45.360
DZ Bank AG Deutsche 0.3900 12/30/2030 EUR 74.920
UniCredit Bank AG 6.0000 7/28/2023 EUR 34.730
Sberbank of Russia P 0.0160 3/15/2032 RUB 73.500
Pharmacy Chain 36.6 10.5000 6/4/2030 RUB 60.350
EFG International Fi 4.9000 11/10/2023 USD 60.690
EFG International Fi 6.0000 6/26/2023 USD 69.640
UniCredit Bank AG 5.2500 12/1/2023 EUR 40.630
EFG International Fi 5.5000 7/7/2023 USD 69.620
Landesbank Hessen-Th 1.3500 7/30/2035 EUR 68.300
DekaBank Deutsche Gi 2.8000 9/1/2023 EUR 66.290
SG Issuer SA 0.3500 11/15/2023 EUR 28.810
Szinorg Universal zr 3.0000 5/15/2030 HUF 63.373
Alteo Nyrt 2.4500 10/8/2031 HUF 57.300
TransFin-M PAO 9.5000 8/11/2025 RUB 61.500
UniCredit Bank AG 6.3000 10/27/2023 EUR 34.130
Landesbank Baden-Wue 0.4000 11/8/2039 EUR 62.580
Bank Vontobel AG 4.0000 10/26/2023 CHF 73.200
UBS AG/London 19.2500 7/13/2023 CHF 67.100
Leonteq Securities A 22.6000 4/28/2023 CHF 64.770
Landesbank Baden-Wue 4.0000 4/26/2024 EUR 48.930
Landesbank Baden-Wue 8.8000 4/26/2024 EUR 40.540
UBS AG/London 8.7500 7/12/2023 USD 61.800
UBS AG/London 6.2500 7/12/2023 CHF 66.100
DekaBank Deutsche Gi 6.0000 7/19/2023 EUR 67.650
DZ Bank AG Deutsche 6.8000 3/24/2023 EUR 73.040
DZ Bank AG Deutsche 9.4000 3/24/2023 EUR 56.150
Bank Julius Baer & C 12.2800 7/21/2023 EUR 55.300
Vontobel Financial P 17.5000 6/23/2023 EUR 38.330
Zurcher Kantonalbank 12.0000 3/17/2023 CHF 53.580
Landesbank Baden-Wue 6.7500 4/26/2024 EUR 42.630
DZ Bank AG Deutsche 7.2500 9/20/2023 EUR 36.450
UBS AG/London 19.0000 7/15/2024 CHF 69.450
Sberbank of Russia P 0.0100 12/22/2026 RUB 73.500
Leonteq Securities A 24.0000 7/21/2023 CHF 47.990
Vontobel Financial P 14.7500 6/23/2023 EUR 39.090
Erste Group Bank AG 5.2500 1/31/2026 EUR 55.750
UBS AG/London 8.2500 6/22/2023 CHF 67.800
UBS AG/London 7.2500 6/22/2023 CHF 65.850
UBS AG/London 6.2500 12/22/2023 CHF 60.200
UBS AG/London 10.0000 6/22/2023 CHF 59.050
UBS AG/London 8.0000 12/22/2023 USD 60.000
UBS AG/London 10.2500 6/22/2023 CHF 55.600
UBS AG/London 7.5000 6/22/2023 CHF 58.150
UBS AG/London 7.5000 6/22/2023 USD 71.700
Corner Banca SA 14.0000 3/27/2023 CHF 53.200
Leonteq Securities A 7.0000 6/27/2023 CHF 68.640
Bank Julius Baer & C 7.6000 3/21/2023 CHF 70.300
Bank Julius Baer & C 7.6000 3/21/2023 CHF 35.900
Banque International 11.0000 3/21/2023 CHF 59.080
DekaBank Deutsche Gi 6.6000 1/17/2025 EUR 51.120
DZ Bank AG Deutsche 16.3000 3/24/2023 EUR 39.940
DZ Bank AG Deutsche 4.6000 3/24/2023 EUR 57.120
DZ Bank AG Deutsche 7.7000 3/24/2023 EUR 51.620
DZ Bank AG Deutsche 11.4000 3/24/2023 EUR 47.230
Credit Suisse AG/Lon 8.0000 3/16/2023 USD 64.280
Luzerner Kantonalban 7.0000 12/16/2024 USD 67.420
UBS AG/London 6.5000 7/12/2023 EUR 56.400
Raiffeisen Schweiz G 7.0000 3/10/2023 CHF 59.050
UBS AG/London 15.2500 10/20/2023 USD 64.450
Credit Suisse AG/Lon 7.2500 4/20/2023 CHF 61.050
Vontobel Financial P 13.0000 6/23/2023 EUR 71.540
DZ Bank AG Deutsche 12.0000 3/24/2023 EUR 55.940
Vontobel Financial P 16.5000 6/23/2023 EUR 66.830
Vontobel Financial P 14.0000 6/23/2023 EUR 70.300
Vontobel Financial P 18.0000 6/23/2023 EUR 74.610
Vontobel Financial P 15.0000 6/23/2023 EUR 69.140
DZ Bank AG Deutsche 18.7000 3/24/2023 EUR 71.610
DZ Bank AG Deutsche 21.4000 3/24/2023 EUR 66.420
Zurcher Kantonalbank 11.2285 4/18/2023 CHF 54.930
Zurcher Kantonalbank 10.0000 4/14/2023 CHF 70.710
Bank Vontobel AG 6.0000 4/17/2023 CHF 61.700
Bank Vontobel AG 7.1400 4/17/2023 CHF 70.000
Bank Vontobel AG 9.7500 4/18/2023 CHF 60.800
DekaBank Deutsche Gi 2.6000 4/26/2024 EUR 74.230
Leonteq Securities A 5.0000 4/20/2023 EUR 43.410
Vontobel Financial P 24.0000 3/24/2023 EUR 58.770
Vontobel Financial P 23.5000 3/24/2023 EUR 59.440
Vontobel Financial P 20.0000 3/24/2023 EUR 65.810
Vontobel Financial P 18.5000 3/24/2023 EUR 67.920
Vontobel Financial P 14.5000 6/23/2023 EUR 73.130
Vontobel Financial P 16.5000 6/23/2023 EUR 70.360
Vontobel Financial P 12.0000 3/24/2023 EUR 70.070
Vontobel Financial P 16.0000 3/24/2023 EUR 65.500
Vontobel Financial P 8.0000 3/24/2023 EUR 62.910
DZ Bank AG Deutsche 24.2000 3/24/2023 EUR 62.000
Landesbank Baden-Wue 2.9000 8/22/2025 EUR 74.240
Bank Vontobel AG 8.5000 4/15/2024 CHF 49.300
Bank Vontobel AG 22.0000 4/18/2023 CHF 61.600
Credit Suisse AG/Lon 5.2500 7/14/2023 CHF 70.010
Vontobel Financial P 14.5000 3/24/2023 EUR 55.260
Vontobel Financial P 8.5000 6/23/2023 EUR 61.930
Vontobel Financial P 19.5000 3/24/2023 EUR 64.910
Vontobel Financial P 19.0000 3/24/2023 EUR 66.790
Vontobel Financial P 17.5000 6/23/2023 EUR 68.600
Vontobel Financial P 18.5000 6/23/2023 EUR 67.930
Vontobel Financial P 13.5000 6/23/2023 EUR 68.450
Vontobel Financial P 10.0000 6/23/2023 EUR 71.550
Vontobel Financial P 11.5000 3/24/2023 EUR 72.210
Vontobel Financial P 14.5000 3/24/2023 EUR 69.160
Sberbank of Russia P 0.0100 9/4/2026 RUB 70.300
Leonteq Securities A 10.0000 2/13/2023 USD 30.690
Basler Kantonalbank 4.4000 8/16/2023 CHF 67.980
Bank Vontobel AG 7.5000 2/13/2023 EUR 50.300
Zurcher Kantonalbank 7.2000 2/16/2023 EUR 68.060
Corner Banca SA 7.0000 11/22/2023 CHF 72.590
Bank Vontobel AG 15.0000 6/19/2023 CHF 56.400
Raiffeisen Schweiz G 7.0000 3/10/2023 CHF 67.810
Raiffeisen Schweiz G 7.2500 9/13/2023 CHF 65.810
Raiffeisen Schweiz G 7.0000 9/13/2023 CHF 70.090
DZ Bank AG Deutsche 6.7500 6/21/2023 EUR 63.530
UBS AG/London 11.0000 4/29/2024 CHF 72.500
Corner Banca SA 13.0000 3/17/2023 CHF 44.960
Bank Vontobel AG 7.5000 3/17/2023 CHF 67.100
UBS AG/London 11.5000 7/12/2023 CHF 60.950
UBS AG/London 17.5000 7/12/2023 USD 52.650
Credit Suisse AG/Lon 9.0000 3/15/2023 CHF 33.550
ENSI Kft 4.7500 1/25/2032 HUF 71.800
Bank Julius Baer & C 13.5000 3/16/2023 USD 70.700
Leonteq Securities A 14.0000 3/17/2023 CHF 45.880
Leonteq Securities A 14.0000 3/17/2023 USD 27.580
Leonteq Securities A 13.0000 3/17/2023 USD 61.580
Raiffeisen Schweiz G 8.0000 12/20/2023 CHF 64.170
UBS AG/London 7.2500 7/12/2023 CHF 57.550
UBS AG/London 7.0000 7/12/2023 CHF 56.950
Bank Vontobel AG 8.0000 3/17/2023 EUR 24.500
Bank Vontobel AG 5.0000 3/17/2023 CHF 69.500
Bank Vontobel AG 8.5000 6/19/2023 CHF 60.000
Sberbank of Russia P 0.0100 12/21/2026 RUB 70.200
UBS AG/London 4.7500 7/12/2023 USD 60.150
UBS AG/London 8.2500 1/12/2024 CHF 68.300
UBS AG/London 6.0000 7/12/2023 CHF 66.100
Raiffeisen Schweiz G 10.0000 6/20/2023 CHF 48.210
Raiffeisen Schweiz G 7.2000 9/20/2023 CHF 62.930
Raiffeisen Switzerla 7.8000 6/20/2023 CHF 53.180
Raiffeisen Switzerla 8.6000 6/20/2023 USD 67.900
Bank Vontobel AG 7.5000 6/19/2023 CHF 56.300
Raiffeisen Schweiz G 10.4000 11/2/2023 CHF 50.820
Raiffeisen Schweiz G 16.8000 5/2/2023 CHF 64.600
Zurcher Kantonalbank 18.1000 4/26/2023 CHF 63.270
OR PJSC 16.0000 11/22/2025 RUB 20.510
Leonteq Securities A 10.0000 3/17/2023 CHF 65.270
SG Issuer SA 1.5000 1/24/2034 EUR 66.120
Bank Vontobel AG 16.5000 7/17/2023 CHF 69.900
Leonteq Securities A 7.0000 12/20/2023 CHF 64.740
Bank Vontobel AG 6.0000 12/18/2023 CHF 59.600
Vontobel Financial P 9.0000 3/24/2023 EUR 61.430
Vontobel Financial P 17.5000 6/23/2023 EUR 53.240
Vontobel Financial P 12.5000 3/24/2023 EUR 60.450
Vontobel Financial P 11.5000 3/24/2023 EUR 62.020
Vontobel Financial P 17.0000 6/23/2023 EUR 68.840
Vontobel Financial P 15.5000 3/24/2023 EUR 59.480
Vontobel Financial P 9.0000 6/23/2023 EUR 67.770
Vontobel Financial P 6.5000 3/24/2023 EUR 66.190
Vontobel Financial P 23.0000 3/24/2023 EUR 60.190
Vontobel Financial P 15.5000 3/24/2023 EUR 71.650
Vontobel Financial P 18.0000 3/24/2023 EUR 67.640
Vontobel Financial P 16.5000 3/24/2023 EUR 69.470
Vontobel Financial P 24.0000 6/23/2023 EUR 58.870
Vontobel Financial P 22.0000 6/23/2023 EUR 60.870
Vontobel Financial P 15.0000 6/23/2023 EUR 72.130
Vontobel Financial P 16.5000 3/24/2023 EUR 70.150
Vontobel Financial P 20.5000 6/23/2023 EUR 63.230
Vontobel Financial P 22.5000 6/23/2023 EUR 60.370
Vontobel Financial P 19.5000 6/23/2023 EUR 64.470
Vontobel Financial P 18.5000 6/23/2023 EUR 66.640
Vontobel Financial P 15.0000 6/23/2023 EUR 73.170
Vontobel Financial P 17.5000 6/23/2023 EUR 68.050
Zurcher Kantonalbank 5.0000 9/7/2023 CHF 67.220
Luzerner Kantonalban 7.0000 10/19/2023 CHF 72.170
Goldman Sachs & Co W 5.0000 3/22/2023 EUR 61.390
Goldman Sachs & Co W 7.0000 3/22/2023 EUR 55.160
Goldman Sachs & Co W 5.0000 6/21/2023 EUR 62.040
Goldman Sachs & Co W 7.0000 6/21/2023 EUR 56.380
Goldman Sachs & Co W 12.0000 6/21/2023 EUR 46.810
Vontobel Financial P 22.5000 3/24/2023 EUR 55.910
Vontobel Financial P 24.5000 3/24/2023 EUR 53.840
Vontobel Financial P 15.0000 3/24/2023 EUR 66.650
Vontobel Financial P 13.5000 6/23/2023 EUR 68.570
Vontobel Financial P 16.5000 6/23/2023 EUR 64.100
Vontobel Financial P 15.5000 6/23/2023 EUR 72.220
Vontobel Financial P 19.0000 3/24/2023 EUR 51.270
Vontobel Financial P 15.0000 6/23/2023 EUR 60.630
Vontobel Financial P 16.0000 3/24/2023 EUR 70.510
Vontobel Financial P 18.5000 3/24/2023 EUR 66.700
Vontobel Financial P 21.0000 6/23/2023 EUR 62.590
Vontobel Financial P 15.5000 6/23/2023 EUR 71.120
Vontobel Financial P 15.0000 6/23/2023 EUR 66.800
Vontobel Financial P 21.0000 3/24/2023 EUR 64.810
Vontobel Financial P 20.0000 6/23/2023 EUR 63.830
Vontobel Financial P 19.0000 6/23/2023 EUR 65.090
Vontobel Financial P 18.0000 3/24/2023 EUR 63.350
Luzerner Kantonalban 16.9000 4/19/2023 CHF 59.050
Goldman Sachs & Co W 6.0000 3/22/2023 EUR 58.090
Goldman Sachs & Co W 6.0000 6/21/2023 EUR 59.040
Leonteq Securities A 30.0000 4/25/2023 CHF 50.740
Vontobel Financial P 14.0000 6/23/2023 EUR 66.910
Vontobel Financial P 18.5000 3/24/2023 EUR 60.600
Vontobel Financial P 14.0000 3/24/2023 EUR 67.320
Vontobel Financial P 12.0000 3/24/2023 EUR 69.500
Vontobel Financial P 10.5000 3/24/2023 EUR 71.850
Vontobel Financial P 15.5000 3/24/2023 EUR 57.260
Vontobel Financial P 16.5000 6/23/2023 EUR 69.630
Vontobel Financial P 20.0000 3/24/2023 EUR 61.720
Vontobel Financial P 11.0000 3/24/2023 EUR 58.800
Vontobel Financial P 9.5000 3/24/2023 EUR 66.480
Vontobel Financial P 18.0000 3/24/2023 EUR 52.210
Vontobel Financial P 13.5000 3/24/2023 EUR 56.260
Vontobel Financial P 15.5000 6/23/2023 EUR 71.180
Vontobel Financial P 22.5000 3/24/2023 EUR 60.900
Vontobel Financial P 22.0000 3/24/2023 EUR 61.600
Vontobel Financial P 19.0000 3/24/2023 EUR 65.760
Vontobel Financial P 23.5000 6/23/2023 EUR 59.380
Vontobel Financial P 23.0000 6/23/2023 EUR 59.850
Vontobel Financial P 24.5000 6/23/2023 EUR 58.430
Vontobel Financial P 22.0000 3/24/2023 EUR 63.870
Raiffeisen Schweiz G 8.7000 3/3/2023 CHF 65.650
Raiffeisen Schweiz G 8.5000 3/3/2023 USD 59.600
Leonteq Securities A 8.0000 3/6/2023 CHF 67.470
Vontobel Financial P 10.0000 6/23/2023 EUR 73.120
Vontobel Financial P 7.5000 3/24/2023 EUR 68.000
Vontobel Financial P 15.0000 6/23/2023 EUR 58.360
Vontobel Financial P 10.5000 6/23/2023 EUR 63.230
Vontobel Financial P 8.5000 6/23/2023 EUR 66.320
Vontobel Financial P 13.0000 3/24/2023 EUR 63.240
Vontobel Financial P 14.0000 6/23/2023 EUR 63.800
Vontobel Financial P 10.5000 3/24/2023 EUR 65.930
Vontobel Financial P 13.0000 6/23/2023 EUR 64.770
Vontobel Financial P 5.5000 3/24/2023 EUR 72.200
Vontobel Financial P 10.5000 6/23/2023 EUR 66.710
Vontobel Financial P 7.0000 6/23/2023 EUR 70.250
Vontobel Financial P 9.5000 6/23/2023 EUR 67.880
Vontobel Financial P 15.0000 6/23/2023 EUR 54.810
Vontobel Financial P 7.0000 6/23/2023 EUR 65.190
Vontobel Financial P 7.0000 3/24/2023 EUR 64.600
Vontobel Financial P 16.5000 6/23/2023 EUR 43.000
Vontobel Financial P 13.0000 6/23/2023 EUR 68.680
Vontobel Financial P 14.0000 3/24/2023 EUR 58.830
Vontobel Financial P 22.0000 6/23/2023 EUR 61.540
Vontobel Financial P 16.0000 6/23/2023 EUR 70.440
Vontobel Financial P 12.5000 3/24/2023 EUR 62.770
Vontobel Financial P 21.5000 6/23/2023 EUR 62.030
Goldman Sachs & Co W 4.0000 3/22/2023 EUR 65.090
Goldman Sachs & Co W 4.0000 6/21/2023 EUR 65.430
Goldman Sachs & Co W 10.0000 6/21/2023 EUR 50.040
UBS AG/London 15.2500 4/24/2023 CHF 62.600
Raiffeisen Schweiz G 6.0000 4/19/2024 CHF 73.080
Vontobel Financial P 24.5000 3/24/2023 EUR 58.070
Vontobel Financial P 15.0000 3/24/2023 EUR 72.620
Vontobel Financial P 12.0000 6/23/2023 EUR 70.350
Vontobel Financial P 5.0000 6/23/2023 EUR 68.970
Vontobel Financial P 17.5000 3/24/2023 EUR 66.400
Vontobel Financial P 14.5000 6/23/2023 EUR 66.900
Leonteq Securities A 9.0000 9/6/2023 CHF 60.040
Raiffeisen Schweiz G 4.0000 3/3/2023 CHF 19.530
Vontobel Financial P 8.5000 3/24/2023 EUR 49.740
Vontobel Financial P 11.5000 6/23/2023 EUR 70.310
Vontobel Financial P 19.5000 6/23/2023 EUR 60.090
Vontobel Financial P 18.0000 6/23/2023 EUR 67.260
Vontobel Financial P 18.5000 6/23/2023 EUR 65.690
Vontobel Financial P 21.0000 3/24/2023 EUR 62.330
Vontobel Financial P 20.0000 3/24/2023 EUR 64.020
Vontobel Financial P 14.5000 3/24/2023 EUR 73.930
Vontobel Financial P 17.5000 3/24/2023 EUR 68.620
Vontobel Financial P 15.0000 3/24/2023 EUR 72.750
Vontobel Financial P 15.5000 3/24/2023 EUR 54.060
Vontobel Financial P 16.5000 3/24/2023 EUR 53.130
Vontobel Financial P 16.0000 3/24/2023 EUR 71.350
Vontobel Financial P 17.0000 6/23/2023 EUR 69.450
Vontobel Financial P 14.0000 3/24/2023 EUR 67.520
Vontobel Financial P 10.5000 3/24/2023 EUR 72.320
Vontobel Financial P 16.5000 6/23/2023 EUR 65.130
Vontobel Financial P 10.5000 6/23/2023 EUR 72.180
Leonteq Securities A 10.0000 3/6/2023 CHF 41.080
Leonteq Securities A 9.0000 3/7/2023 USD 40.980
Leonteq Securities A 10.0000 9/7/2023 USD 53.700
Vontobel Financial P 22.0000 6/23/2023 EUR 33.260
Vontobel Financial P 11.5000 3/24/2023 EUR 74.090
Vontobel Financial P 9.0000 3/24/2023 EUR 65.840
Vontobel Financial P 10.0000 3/24/2023 EUR 63.840
Vontobel Financial P 6.5000 3/24/2023 EUR 70.180
Vontobel Financial P 5.5000 3/24/2023 EUR 72.750
Vontobel Financial P 11.5000 6/23/2023 EUR 61.830
Vontobel Financial P 14.0000 6/23/2023 EUR 59.360
Vontobel Financial P 13.0000 6/23/2023 EUR 60.640
Vontobel Financial P 9.5000 6/23/2023 EUR 64.560
Vontobel Financial P 7.5000 6/23/2023 EUR 67.960
Vontobel Financial P 7.0000 6/23/2023 EUR 69.860
Vontobel Financial P 6.0000 6/23/2023 EUR 72.000
Vontobel Financial P 11.5000 3/24/2023 EUR 64.530
Vontobel Financial P 7.5000 3/24/2023 EUR 68.840
Vontobel Financial P 9.0000 3/24/2023 EUR 67.330
Vontobel Financial P 6.5000 3/24/2023 EUR 70.470
Vontobel Financial P 6.0000 6/23/2023 EUR 71.630
Vontobel Financial P 11.5000 6/23/2023 EUR 65.620
Vontobel Financial P 8.0000 6/23/2023 EUR 68.940
Vontobel Financial P 10.0000 3/24/2023 EUR 60.120
Vontobel Financial P 13.0000 6/23/2023 EUR 56.940
Vontobel Financial P 11.0000 6/23/2023 EUR 59.340
Zurcher Kantonalbank 18.0000 4/14/2023 USD 69.150
Bank Vontobel AG 11.0000 4/18/2023 CHF 61.000
Bank Vontobel AG 8.2500 4/17/2023 CHF 62.100
Bank Vontobel AG 5.0700 4/17/2023 CHF 69.600
Bank Vontobel AG 8.0000 4/18/2023 CHF 60.500
Bank Vontobel AG 7.5000 4/18/2023 CHF 40.900
Vontobel Financial P 12.0000 3/24/2023 EUR 57.530
Vontobel Financial P 20.5000 3/24/2023 EUR 63.190
Vontobel Financial P 17.5000 3/24/2023 EUR 68.980
Leonteq Securities A 8.0000 3/7/2023 USD 30.070
Vontobel Financial P 20.5000 6/23/2023 EUR 71.640
Raiffeisen Schweiz G 8.2000 3/3/2023 CHF 67.920
Raiffeisen Schweiz G 7.5000 3/3/2023 CHF 56.550
Raiffeisen Switzerla 17.2000 4/19/2023 USD 61.880
UBS AG/London 12.3400 9/7/2023 USD 4.120
Raiffeisen Schweiz G 8.2000 3/3/2023 CHF 67.920
UBS AG/London 14.5000 6/10/2024 CHF 70.300
Leonteq Securities A 8.0000 4/25/2023 CHF 32.220
Leonteq Securities A 10.0000 4/25/2023 CHF 55.590
Raiffeisen Switzerla 7.0000 5/3/2023 CHF 50.700
Societe Generale SA 10.0000 10/18/2024 USD 44.600
Landesbank Hessen-Th 0.6000 7/24/2034 EUR 74.900
Landesbank Baden-Wue 0.7500 8/12/2039 EUR 64.850
UniCredit Bank AG 7.4500 11/18/2024 EUR 52.820
Leonteq Securities A 9.0000 3/29/2023 CHF 53.250
TMK PJSC 7.3500 2/28/2025 RUB 69.960
Vontobel Financial P 15.8000 3/30/2023 EUR 48.190
Luzerner Kantonalban 6.7800 7/6/2023 USD 52.890
Leonteq Securities A 7.0000 3/29/2023 CHF 54.670
Leonteq Securities A 10.0000 3/9/2023 CHF 33.460
Swissquote Bank SA 15.0000 4/25/2023 CHF 45.200
Raiffeisen Schweiz G 17.0000 4/21/2023 CHF 64.750
Raiffeisen Schweiz G 16.0000 4/21/2023 CHF 65.600
UniCredit Bank AG 10.3000 9/27/2024 EUR 64.040
Raiffeisen Schweiz G 19.0000 4/21/2023 CHF 64.100
Bank Julius Baer & C 7.0000 9/12/2023 USD 71.650
EFG International Fi 11.0000 9/10/2024 USD 67.970
Landesbank Hessen-Th 1.0000 10/14/2036 EUR 64.650
Raiffeisen Switzerla 9.4000 10/19/2023 USD 64.420
DZ Bank AG Deutsche 15.2500 6/19/2023 EUR 68.220
Bank Julius Baer & C 7.0000 9/11/2023 USD 71.750
EFG International Fi 12.0000 3/8/2023 CHF 32.850
Bank Julius Baer & C 8.4000 4/4/2023 CHF 60.850
Bank Vontobel AG 15.0000 6/30/2023 CHF 25.000
Landesbank Baden-Wue 10.5000 9/22/2023 EUR 76.090
DZ Bank AG Deutsche 6.2500 3/20/2023 EUR 49.930
VTB Bank PJSC 0.0100 11/25/2026 RUB 69.000
Vontobel Financial P 14.5000 3/24/2023 EUR 61.340
Bank Julius Baer & C 9.6000 3/30/2023 USD 71.100
Landesbank Baden-Wue 6.1000 9/22/2023 EUR 39.210
Landesbank Baden-Wue 4.5000 9/22/2023 EUR 67.260
Landesbank Baden-Wue 4.2000 9/22/2023 EUR 73.080
Landesbank Baden-Wue 6.0000 9/22/2023 EUR 68.130
Raiffeisen Switzerla 6.5000 1/3/2024 CHF 70.320
Landesbank Baden-Wue 4.9000 9/22/2023 EUR 68.950
Communication Techno 5.2500 1/27/2032 HUF 65.000
MKB-Leasing OOO 9.2000 12/22/2027 RUB 65.000
DZ Bank AG Deutsche 5.0000 3/20/2023 EUR 57.600
Landesbank Baden-Wue 7.2500 9/22/2023 EUR 62.870
Bank Julius Baer & C 4.6000 4/4/2023 CHF 69.050
LP Portfolio Vagyonk 3.4000 9/23/2031 HUF 59.900
SG Issuer SA 2.0000 12/22/2036 EUR 62.070
Landesbank Baden-Wue 3.3000 9/22/2023 EUR 45.470
Landesbank Baden-Wue 8.5000 9/22/2023 EUR 36.090
Landesbank Baden-Wue 2.7000 9/22/2023 EUR 73.900
Raiffeisen Switzerla 9.0000 6/30/2023 USD 68.600
Biznes Nedvizhimost 10.8000 12/18/2026 RUB 62.000
Luzerner Kantonalban 5.0000 6/28/2023 CHF 60.160
Zurcher Kantonalbank 9.0000 6/28/2023 CHF 71.730
Raiffeisen Schweiz G 11.5000 2/28/2023 CHF 49.090
Raiffeisen Schweiz G 11.6000 3/1/2023 CHF 66.650
DZ Bank AG Deutsche 3.9000 3/24/2023 EUR 72.520
DZ Bank AG Deutsche 10.5000 3/24/2023 EUR 53.120
Goldman Sachs Intern 0.1000 1/13/2025 EUR 27.000
Vontobel Financial P 5.1000 6/16/2023 USD 57.040
Banque Cantonale Vau 5.4000 12/6/2023 CHF 37.900
UBS AG/London 9.2500 6/23/2023 USD 52.700
Corner Banca SA 6.0000 5/3/2023 CHF 64.640
Luzerner Kantonalban 6.0000 7/6/2023 EUR 53.160
Sberbank of Russia P 0.0100 6/22/2028 RUB 64.100
Luzerner Kantonalban 5.8800 7/6/2023 CHF 53.530
UBS AG/London 8.0000 6/23/2023 CHF 50.000
UBS AG/London 7.7500 6/23/2023 CHF 35.100
UBS AG/London 7.2500 6/23/2023 CHF 65.000
Leonteq Securities A 7.0000 5/3/2023 CHF 52.530
Leonteq Securities A 9.0000 3/9/2023 CHF 69.020
Leonteq Securities A 9.5900 6/9/2023 CHF 63.080
Bank Vontobel AG 8.0000 6/30/2023 CHF 65.400
UBS AG/London 10.5000 4/28/2023 CHF 67.700
UBS AG/London 8.7500 4/28/2023 CHF 51.750
Vontobel Financial P 17.7500 3/29/2023 EUR 34.600
UniCredit Bank AG 4.0000 4/21/2025 USD 69.860
Leonteq Securities A 14.0000 7/25/2023 CHF 68.270
DZ Bank AG Deutsche 17.7000 3/20/2023 EUR 66.990
DZ Bank AG Deutsche 6.2500 6/19/2023 EUR 58.500
Leonteq Securities A 9.0000 3/10/2023 CHF 58.000
Leonteq Securities A 9.0000 3/10/2023 CHF 52.110
Leonteq Securities A 7.0000 9/13/2023 CHF 56.760
Leonteq Securities A 10.0000 3/10/2023 CHF 14.540
Leonteq Securities A 6.0000 9/13/2023 CHF 61.210
Leonteq Securities A 11.0000 3/13/2023 USD 58.210
Leonteq Securities A 22.0000 4/25/2023 CHF 49.120
Raiffeisen Schweiz G 10.0000 3/10/2023 CHF 41.320
Raiffeisen Schweiz G 4.0000 9/10/2024 CHF 65.570
Erste Group Bank AG 4.0000 10/1/2025 EUR 75.150
DZ Bank AG Deutsche 23.3000 3/24/2023 EUR 70.350
Raiffeisen Schweiz G 9.0000 3/10/2023 USD 48.800
Raiffeisen Switzerla 10.0000 3/10/2023 EUR 37.710
Raiffeisen Schweiz G 8.0000 3/10/2023 CHF 53.020
Leonteq Securities A 15.0000 4/26/2024 CHF 65.830
Leonteq Securities A 10.0000 10/25/2023 CHF 68.630
Leonteq Securities A 7.0000 3/10/2023 CHF 68.550
DekaBank Deutsche Gi 2.8000 10/20/2023 EUR 49.480
Landesbank Hessen-Th 1.0000 12/28/2035 EUR 64.900
Landesbank Baden-Wue 3.4000 8/23/2024 EUR 22.480
EFG International Fi 4.9000 11/24/2023 USD 56.590
DekaBank Deutsche Gi 1.0000 12/23/2024 EUR 72.590
Societe Generale SA 13.5000 8/23/2024 USD 47.500
Bank Julius Baer & C 9.4000 2/28/2023 USD 52.900
Landesbank Baden-Wue 5.5000 5/26/2023 EUR 60.330
Basler Kantonalbank 7.0000 8/23/2023 CHF 57.120
Landesbank Baden-Wue 2.5000 5/26/2023 EUR 67.550
Zurcher Kantonalbank 7.5000 2/24/2023 EUR 56.340
Landesbank Baden-Wue 2.1000 5/26/2023 EUR 63.700
Landesbank Baden-Wue 3.6000 6/23/2023 EUR 71.320
Bank Julius Baer & C 7.4000 5/26/2023 CHF 55.500
Sovcombank Leasing O 9.2500 5/19/2025 RUB 65.000
Leonteq Securities A 7.8000 11/29/2023 CHF 74.270
Leonteq Securities A 10.8000 5/26/2023 EUR 68.480
Leonteq Securities A 7.8000 11/29/2023 CHF 66.290
Leonteq Securities A 11.0000 5/30/2023 USD 72.090
Leonteq Securities A 8.0000 3/1/2023 CHF 64.600
Raiffeisen Schweiz G 9.0000 5/26/2023 USD 55.230
Raiffeisen Schweiz G 9.0000 2/28/2023 CHF 43.590
Bank Vontobel AG 12.5000 2/27/2023 CHF 15.300
Raiffeisen Schweiz G 6.0000 11/29/2023 CHF 69.510
DZ Bank AG Deutsche 23.7000 9/22/2023 EUR 69.630
DZ Bank AG Deutsche 20.9000 12/22/2023 EUR 72.590
Leonteq Securities A 3.9100 3/3/2023 CHF 57.860
Landesbank Baden-Wue 3.6000 4/28/2023 EUR 48.110
Landesbank Baden-Wue 6.5000 4/28/2023 EUR 41.590
Raiffeisen Schweiz G 10.0000 10/11/2023 CHF 66.790
Leonteq Securities A 7.6000 3/9/2023 EUR 29.840
Landesbank Baden-Wue 3.7500 2/27/2026 EUR 72.920
Leonteq Securities A 9.0000 7/14/2023 CHF 70.000
Leonteq Securities A 10.0000 4/18/2023 USD 43.660
Raiffeisen Switzerla 7.4000 7/14/2023 CHF 73.010
Raiffeisen Switzerla 6.0000 1/17/2024 CHF 69.450
UBS AG/London 7.7500 8/2/2023 CHF 69.250
UBS AG/London 10.2500 8/2/2023 CHF 75.100
DZ Bank AG Deutsche 6.5000 3/22/2023 EUR 55.990
DZ Bank AG Deutsche 7.2500 3/22/2023 EUR 25.550
DZ Bank AG Deutsche 6.5000 3/22/2023 EUR 72.480
DZ Bank AG Deutsche 8.2500 3/22/2023 EUR 67.120
EFG International Fi 6.0000 12/22/2023 USD 32.590
Luzerner Kantonalban 8.2600 7/17/2023 CHF 71.510
DekaBank Deutsche Gi 1.0000 1/20/2025 EUR 42.120
DekaBank Deutsche Gi 2.5000 2/2/2024 EUR 52.690
EFG International Fi 4.9000 12/28/2023 USD 53.390
Credit Suisse AG/Lon 8.2500 4/13/2023 CHF 64.880
Bank Vontobel AG 20.0000 4/17/2023 CHF 70.000
Landesbank Hessen-Th 4.8694 1/26/2037 EUR 66.900
Credit Suisse AG/Lon 8.0000 4/14/2023 CHF 70.260
Bank Vontobel AG 7.2000 1/19/2027 EUR 44.300
BNP Paribas Issuance 4.6000 1/23/2024 EUR 20.950
UBS AG/London 7.5000 3/17/2023 CHF 23.280
UBS AG/London 12.2500 3/17/2023 CHF 58.350
Vontobel Financial P 5.1500 3/19/2025 EUR 49.180
Bank Vontobel AG 10.0000 3/24/2023 EUR 52.300
Bank Vontobel AG 5.5000 12/27/2023 CHF 59.700
Raiffeisen Switzerla 9.0000 6/27/2023 USD 56.800
Raiffeisen Schweiz G 6.0000 12/27/2023 CHF 72.110
UBS AG/London 9.5000 1/12/2024 CHF 66.300
UBS AG/London 7.5000 7/12/2023 CHF 58.900
Landesbank Baden-Wue 2.5000 7/24/2026 EUR 71.360
Bank Vontobel AG 11.2500 3/24/2023 CHF 45.300
Sberbank of Russia P 0.0100 12/11/2026 RUB 67.020
Raiffeisen Schweiz G 6.0000 12/27/2023 CHF 68.680
UBS AG/London 5.5000 1/12/2024 CHF 58.800
Credit Suisse AG/Lon 8.0000 3/22/2023 CHF 67.470
Leonteq Securities A 8.0000 3/22/2023 CHF 65.280
Raiffeisen Switzerla 8.0000 3/22/2023 CHF 58.960
Landesbank Baden-Wue 4.0000 6/27/2025 EUR 73.910
Raiffeisen Switzerla 6.2500 9/25/2023 CHF 67.050
Bank Vontobel AG 11.0000 6/27/2023 CHF 74.200
UBS AG/London 5.2500 1/12/2024 USD 71.800
UBS AG/London 6.2500 1/12/2024 CHF 69.900
UBS AG/London 6.5000 1/12/2024 CHF 66.350
Bank Vontobel AG 12.3000 4/26/2023 CHF 42.300
Bank Julius Baer & C 12.1500 7/19/2023 CHF 58.850
Leonteq Securities A 20.0000 6/27/2023 CHF 53.390
Nordea Bank Abp 7.1000 7/20/2024 SEK #N/A N/A
Societe Generale SA 7.2800 5/6/2024 USD 52.840
Landesbank Hessen-Th 9.7389 8/24/2033 EUR 73.800
Landesbank Baden-Wue 2.5000 8/25/2023 EUR 65.700
Leonteq Securities A 5.2000 11/29/2023 CHF 69.890
Basler Kantonalbank 10.0000 2/13/2023 CHF 48.160
EFG International Fi 15.0000 2/13/2023 EUR 36.260
EFG International Fi 8.0000 2/13/2023 CHF 72.830
EFG International Fi 10.0000 2/13/2023 USD 60.530
Leonteq Securities A 8.0000 2/13/2023 CHF 74.360
Bank Vontobel AG 6.5000 2/13/2023 CHF 58.200
Leonteq Securities A 13.0000 2/22/2023 USD 68.270
Leonteq Securities A 18.0000 2/22/2023 CHF 28.500
DZ Bank AG Deutsche 19.0000 3/24/2023 EUR 63.980
Goldman Sachs & Co W 5.0000 3/22/2023 EUR 51.550
Goldman Sachs & Co W 5.0000 6/21/2023 EUR 52.600
Goldman Sachs & Co W 4.0000 3/22/2023 EUR 54.560
Goldman Sachs & Co W 4.0000 6/21/2023 EUR 55.290
Corner Banca SA 10.0000 2/13/2023 EUR 31.790
UBS AG/London 7.0000 11/24/2023 CHF 62.100
Bank Vontobel AG 15.0000 2/20/2023 CHF 40.400
Bank Julius Baer & C 9.2000 2/27/2023 EUR 48.950
Landesbank Baden-Wue 3.5000 5/26/2023 EUR 34.130
Landesbank Baden-Wue 7.3000 5/26/2023 EUR 28.190
Landesbank Baden-Wue 2.1000 6/23/2023 EUR 69.490
Landesbank Baden-Wue 4.2000 6/23/2023 EUR 62.260
Landesbank Baden-Wue 11.0500 5/26/2023 EUR 58.660
Landesbank Baden-Wue 3.0000 5/26/2023 EUR 60.850
Landesbank Baden-Wue 3.0000 6/23/2023 EUR 73.260
Landesbank Baden-Wue 4.0000 5/26/2023 EUR 71.400
Landesbank Baden-Wue 6.2000 5/26/2023 EUR 60.870
Landesbank Baden-Wue 3.6000 6/23/2023 EUR 45.860
Societe Generale SA 21.0000 12/1/2023 USD 28.880
Societe Generale SA 15.8000 12/5/2024 USD 49.700
Leonteq Securities A 10.8000 5/26/2023 CHF 45.730
Leonteq Securities A 10.0000 11/29/2023 EUR 59.510
Raiffeisen Schweiz G 7.0000 11/29/2023 CHF 61.810
Raiffeisen Schweiz G 6.6000 11/29/2023 CHF 63.880
Bank Vontobel AG 7.5000 5/26/2023 CHF 60.900
Bank Vontobel AG 5.2500 5/28/2024 CHF 70.500
DZ Bank AG Deutsche 23.6000 3/24/2023 EUR 62.780
DZ Bank AG Deutsche 15.2000 6/23/2023 EUR 18.850
UBS AG/London 20.0000 10/23/2023 CHF 49.700
Societe Generale SA 23.0000 5/1/2023 USD 43.000
Basler Kantonalbank 15.0000 7/27/2023 EUR 67.500
Landesbank Baden-Wue 5.5000 4/26/2024 EUR 70.660
Landesbank Baden-Wue 3.9000 4/26/2024 EUR 73.390
Landesbank Baden-Wue 5.1000 4/26/2024 EUR 69.400
UBS AG/London 6.7500 11/24/2023 CHF 62.250
Leonteq Securities A 8.0000 2/20/2023 CHF 54.740
Leonteq Securities A 7.4000 2/20/2023 CHF 69.380
Landesbank Baden-Wue 5.2500 5/26/2023 EUR 30.570
Landesbank Baden-Wue 2.8500 5/26/2023 EUR 69.060
Landesbank Baden-Wue 3.1000 6/23/2023 EUR 65.630
Landesbank Baden-Wue 8.4500 5/26/2023 EUR 67.090
Landesbank Baden-Wue 8.2500 5/26/2023 EUR 71.810
Landesbank Baden-Wue 4.6000 6/23/2023 EUR 73.020
Landesbank Baden-Wue 4.0000 6/23/2023 EUR 69.540
Landesbank Baden-Wue 2.1500 5/26/2023 EUR 64.050
Landesbank Baden-Wue 4.1500 5/26/2023 EUR 56.100
Landesbank Baden-Wue 6.0000 5/26/2023 EUR 51.410
Landesbank Baden-Wue 7.8500 5/26/2023 EUR 55.490
Landesbank Baden-Wue 2.1500 6/23/2023 EUR 49.760
Landesbank Baden-Wue 2.0000 6/23/2023 EUR 59.200
Landesbank Baden-Wue 3.2000 6/23/2023 EUR 55.980
Zurcher Kantonalbank 6.0000 5/17/2023 CHF 68.490
Zurcher Kantonalbank 10.0000 4/20/2023 CHF 70.980
Zurcher Kantonalbank 10.0000 4/21/2023 CHF 71.540
Zurcher Kantonalbank 9.0000 4/21/2023 CHF 71.710
Bank Julius Baer & C 13.1500 6/28/2023 CHF 41.350
Bank Julius Baer & C 18.5500 6/28/2023 CHF 60.700
Raiffeisen Switzerla 15.2000 6/27/2023 EUR 38.090
Bank Vontobel AG 18.5000 6/26/2023 CHF 62.500
Landesbank Baden-Wue 1.0000 7/17/2039 EUR 64.990
Landesbank Hessen-Th 0.7000 8/2/2034 EUR 73.000
DZ Bank AG Deutsche 13.5000 3/24/2023 EUR 38.820
Basler Kantonalbank 9.0000 2/20/2023 CHF 33.560
EFG International Fi 10.0000 2/20/2023 CHF 54.790
Landesbank Baden-Wue 2.4000 9/26/2025 EUR 71.220
UniCredit Bank AG 6.4500 6/21/2023 EUR 48.750
Bank Vontobel AG 7.7500 2/20/2023 CHF 41.600
Credit Suisse AG/Lon 5.2000 11/27/2023 USD 8.820
Sberbank of Russia P 0.0100 8/21/2028 RUB 61.800
UBS AG/London 6.5000 11/24/2023 CHF 69.150
Raiffeisen Schweiz G 14.0000 2/20/2023 CHF 45.870
Leonteq Securities A 11.0000 2/23/2023 CHF 23.460
Bank Vontobel AG 28.5000 9/18/2023 CHF 64.700
Bank Vontobel AG 9.5000 2/13/2023 CHF 62.100
Leonteq Securities A 8.0000 11/22/2023 CHF 72.080
Leonteq Securities A 11.0000 5/22/2023 CHF 57.660
Leonteq Securities A 11.0000 2/22/2023 USD 47.440
Sberbank of Russia P 0.0100 11/23/2026 RUB 69.000
Leonteq Securities A 14.0000 2/22/2023 EUR 46.350
Societe Generale SA 13.6000 8/16/2024 USD 63.000
Zurcher Kantonalbank 5.1500 8/18/2023 CHF 64.130
Credit Suisse AG/Lon 8.5000 2/16/2023 USD 63.110
EFG International Fi 10.6000 8/23/2023 EUR 35.510
Zurcher Kantonalbank 10.5000 5/16/2023 CHF 65.240
Basler Kantonalbank 8.0000 8/18/2023 CHF 55.530
DZ Bank AG Deutsche 16.3000 3/24/2023 EUR 63.480
DZ Bank AG Deutsche 10.0000 3/24/2023 EUR 68.460
DZ Bank AG Deutsche 13.7000 3/24/2023 EUR 74.450
DZ Bank AG Deutsche 6.0000 3/24/2023 EUR 53.660
Mostotrest PJSC 0.0100 7/29/2026 RUB 63.550
EFG International Fi 7.5000 5/19/2023 CHF 31.410
DZ Bank AG Deutsche 8.4000 3/24/2023 EUR 75.490
DZ Bank AG Deutsche 10.6000 3/24/2023 EUR 71.040
DZ Bank AG Deutsche 12.5000 3/24/2023 EUR 46.880
DZ Bank AG Deutsche 10.1000 3/24/2023 EUR 70.360
DZ Bank AG Deutsche 13.4000 3/24/2023 EUR 69.510
EFG International Fi 8.0000 8/18/2023 CHF 67.530
Bank Vontobel AG 10.7500 5/22/2023 CHF 44.900
Bank Vontobel AG 14.0000 5/22/2023 CHF 64.600
Credit Suisse AG/Lon 4.5500 2/23/2023 USD 9.576
EFG International Fi 4.9600 2/24/2023 EUR 69.290
UBS AG/London 7.5000 11/24/2023 CHF 71.650
UBS AG/London 8.0000 11/24/2023 CHF 59.850
UBS AG/London 10.7500 5/24/2023 USD 56.000
UBS AG/London 6.7500 11/24/2023 CHF 58.800
UBS AG/London 11.2500 5/24/2023 EUR 70.750
UBS AG/London 8.0000 5/24/2023 CHF 31.700
Sberbank of Russia P 0.0100 11/24/2026 RUB 69.900
Raiffeisen Schweiz G 8.4000 8/23/2023 CHF 56.700
Raiffeisen Switzerla 8.8000 2/22/2023 CHF 46.810
Raiffeisen Schweiz G 4.4000 11/22/2023 CHF 71.150
Raiffeisen Schweiz G 8.8000 5/19/2023 USD 68.030
Raiffeisen Schweiz G 7.5000 11/22/2023 CHF 64.890
DZ Bank AG Deutsche 5.0000 3/20/2023 EUR 65.980
DZ Bank AG Deutsche 8.7500 3/20/2023 EUR 68.230
Leonteq Securities A 8.8000 2/22/2023 EUR 49.620
Bank Julius Baer & C 6.5000 2/23/2023 CHF 58.950
Landesbank Hessen-Th 1.1500 9/22/2036 EUR 63.500
Societe Generale SA 10.0000 8/17/2023 USD 41.520
Raiffeisen Schweiz G 7.2500 2/13/2023 EUR 74.490
Raiffeisen Schweiz G 10.0000 2/13/2023 CHF 57.280
Raiffeisen Schweiz G 6.0000 8/16/2023 CHF 66.880
Zurcher Kantonalbank 8.1000 2/20/2023 CHF 68.130
Zurcher Kantonalbank 7.8000 2/20/2023 CHF 69.810
Bank Vontobel AG 8.2508 2/13/2023 CHF 56.300
Leonteq Securities A 14.0000 2/23/2023 CHF 35.620
DZ Bank AG Deutsche 10.9000 3/24/2023 EUR 49.810
DZ Bank AG Deutsche 17.7000 3/24/2023 EUR 33.780
DZ Bank AG Deutsche 12.0000 3/24/2023 EUR 58.190
Credit Suisse AG/Lon 4.5500 5/24/2023 USD 9.270
Leonteq Securities A 8.0000 8/23/2023 CHF 67.680
UBS AG/London 6.7500 11/24/2023 CHF 56.950
UBS AG/London 8.0000 11/24/2023 CHF 72.000
Leonteq Securities A 7.0000 8/23/2023 CHF 70.520
Leonteq Securities A 8.0000 2/23/2023 USD 57.170
Leonteq Securities A 10.0000 2/23/2023 USD 51.410
Leonteq Securities A 8.0000 8/23/2023 CHF 19.530
Bank Vontobel AG 10.0000 2/20/2023 CHF 53.900
Bank Vontobel AG 6.5000 2/20/2023 CHF 66.400
Landesbank Hessen-Th 1.7500 8/4/2036 EUR 66.000
Bank Vontobel AG 15.0000 9/25/2023 CHF 62.500
UBS AG/London 9.7500 7/1/2024 CHF 62.050
Landesbank Hessen-Th 2.0000 4/9/2035 EUR 65.400
Credit Suisse AG/Lon 8.0000 3/21/2023 CHF 72.880
Bank Vontobel AG 10.2500 3/24/2023 CHF 44.600
Raiffeisen Schweiz G 10.0000 3/23/2023 CHF 37.680
UBS AG/London 9.0000 7/12/2023 EUR 59.000
Raiffeisen Schweiz G 6.3000 7/12/2023 CHF 74.010
Landesbank Hessen-Th 9.7389 11/16/2033 EUR 73.400
Landesbank Baden-Wue 2.5000 8/25/2023 EUR 64.460
DZ Bank AG Deutsche 9.7500 9/20/2023 EUR 45.060
UBS AG/London 16.7500 8/31/2023 USD 70.750
Raiffeisen Switzerla 20.0000 9/6/2023 CHF 49.990
Banque International 11.0000 7/12/2023 EUR 58.650
BNP Paribas Emission 3.0000 3/23/2023 EUR 73.670
BNP Paribas Emission 4.0000 3/23/2023 EUR 67.910
BNP Paribas Emission 4.0000 3/23/2023 EUR 65.410
Corner Banca SA 20.0000 5/2/2023 CHF 62.920
Swissquote Bank SA 16.0000 5/2/2023 CHF 46.720
Leonteq Securities A 18.0000 5/2/2023 CHF 50.700
Leonteq Securities A 20.0000 5/2/2023 CHF 34.820
Credit Suisse AG/Lon 9.7500 4/27/2023 USD 57.840
UBS AG/London 7.7500 4/29/2024 CHF 65.850
DZ Bank AG Deutsche 6.0000 3/24/2023 EUR 73.810
Bank Vontobel AG 20.0000 5/2/2023 CHF 62.200
UBS AG/London 6.8500 7/25/2023 USD 9.450
Bank Julius Baer & C 14.0000 5/5/2023 USD 64.250
EFG International Fi 15.0000 5/9/2023 CHF 38.320
UBS AG/London 11.2500 5/4/2023 CHF 48.250
Banque International 16.0000 5/4/2023 CHF 65.760
Leonteq Securities A 12.0000 8/9/2023 CHF 65.590
Sberbank of Russia P 0.0100 11/30/2028 RUB 65.400
Landesbank Hessen-Th 1.4000 1/13/2037 EUR 66.250
Sberbank of Russia P 0.0100 11/27/2026 RUB 68.900
Leonteq Securities A 11.2100 6/6/2023 CHF 18.990
Leonteq Securities A 6.1000 12/6/2023 CHF 66.960
Bank Vontobel AG 8.0000 5/26/2023 CHF 34.800
Bank Vontobel AG 8.5000 6/5/2023 CHF 70.700
Leonteq Securities A 8.8000 12/7/2023 CHF 62.470
Bank Vontobel AG 9.5000 2/20/2023 EUR 25.500
Bank Vontobel AG 6.0000 2/20/2023 CHF 70.800
Luzerner Kantonalban 9.5000 5/30/2023 CHF 67.170
UniCredit Bank AG 5.0000 1/21/2025 USD 70.340
DekaBank Deutsche Gi 3.3000 1/12/2026 EUR 69.090
Raiffeisen Schweiz G 6.7000 9/6/2023 USD 60.290
Raiffeisen Schweiz G 7.2000 6/6/2023 CHF 59.360
Raiffeisen Schweiz G 8.2000 12/6/2023 CHF 64.390
Landesbank Baden-Wue 4.0000 1/2/2026 EUR 68.290
Landesbank Baden-Wue 2.5000 1/2/2026 EUR 60.080
Vontobel Financial P 6.2000 12/8/2023 EUR 62.170
Sberbank of Russia P 0.0100 11/27/2026 RUB 65.880
Sberbank of Russia P 0.0100 12/7/2026 RUB 71.700
Vontobel Financial P 11.5000 3/24/2023 EUR 71.570
DZ Bank AG Deutsche 22.8000 12/22/2023 EUR 70.300
HSBC Trinkaus & Burk 14.9000 6/23/2023 EUR 73.120
HSBC Trinkaus & Burk 23.1000 3/24/2023 EUR 36.370
HSBC Trinkaus & Burk 15.3000 6/23/2023 EUR 40.560
HSBC Trinkaus & Burk 7.7000 6/23/2023 EUR 48.610
HSBC Trinkaus & Burk 19.4000 9/22/2023 EUR 40.550
HSBC Trinkaus & Burk 8.8000 2/24/2023 EUR 47.300
HSBC Trinkaus & Burk 16.8000 7/28/2023 EUR 40.330
DZ Bank AG Deutsche 24.0000 9/22/2023 EUR 48.960
Bank Julius Baer & C 16.1500 3/15/2023 CHF 39.850
Bank Julius Baer & C 22.5000 6/15/2023 CHF 45.800
Bank Julius Baer & C 10.0000 6/15/2023 CHF 48.000
Credit Suisse AG/Lon 10.2500 6/9/2023 USD 58.430
Leonteq Securities A 19.0000 6/29/2023 USD 67.770
Leonteq Securities A 24.0000 3/3/2023 CHF 53.090
Landesbank Baden-Wue 3.0000 3/22/2024 EUR 69.030
Landesbank Baden-Wue 4.2000 3/22/2024 EUR 64.530
Landesbank Baden-Wue 5.0000 3/22/2024 EUR 71.400
UBS AG/London 4.0000 5/26/2026 SEK 72.190
Leonteq Securities A 12.0000 3/7/2023 CHF 68.620
Leonteq Securities A 17.0000 3/7/2023 CHF 34.880
UBS AG/London 4.0000 8/3/2026 SEK 61.330
Landesbank Hessen-Th 2.0000 3/10/2037 EUR 72.750
Credit Suisse AG/Lon 8.5000 3/1/2023 CHF 61.640
DZ Bank AG Deutsche 4.8000 3/20/2023 EUR 58.080
Leonteq Securities A 8.0000 10/4/2023 USD 69.500
UniCredit Bank AG 3.6500 10/29/2024 EUR 74.800
BNP Paribas SA 1.2750 10/2/2023 USD 22.900
Credit Suisse AG/Lon 12.0000 3/8/2023 USD 68.930
Raiffeisen Schweiz G 8.5000 3/24/2023 CHF 69.620
Raiffeisen Schweiz G 7.0000 3/24/2023 CHF 69.670
Raiffeisen Schweiz G 8.5000 3/24/2023 USD 30.420
Zurcher Kantonalbank 16.0000 3/3/2023 USD 70.640
EFG International Fi 9.5000 9/14/2023 CHF 69.370
Raiffeisen Bank Inte 8.0515 3/22/2023 EUR 64.780
Raiffeisen Bank Inte 8.0515 3/22/2023 EUR 74.280
Raiffeisen Bank Inte 10.7353 3/22/2023 EUR 57.090
Raiffeisen Bank Inte 9.3934 3/22/2023 EUR 73.390
Raiffeisen Bank Inte 10.7353 3/22/2023 EUR 69.970
Raiffeisen Bank Inte 10.0643 3/22/2023 EUR 74.670
Vontobel Financial P 7.0000 3/24/2023 EUR 66.540
Credit Suisse AG/Lon 8.5000 3/6/2023 CHF 65.580
Landesbank Baden-Wue 3.6500 3/24/2023 EUR 65.500
Landesbank Baden-Wue 6.2000 3/24/2023 EUR 60.080
Landesbank Baden-Wue 3.0000 3/24/2023 EUR 72.010
Landesbank Baden-Wue 6.2000 3/24/2023 EUR 67.610
Landesbank Baden-Wue 5.5000 3/24/2023 EUR 74.350
Landesbank Baden-Wue 4.1500 3/24/2023 EUR 66.280
Landesbank Baden-Wue 3.3500 3/24/2023 EUR 58.140
Leonteq Securities A 10.0000 4/4/2023 USD 56.460
Leonteq Securities A 26.0000 3/14/2023 CHF 20.130
Vontobel Financial P 10.7500 4/13/2023 EUR 59.740
Societe Generale SA 14.7600 10/7/2024 USD 72.700
Banque International 6.0000 11/30/2023 CHF 67.890
Landesbank Baden-Wue 3.2500 1/2/2026 EUR 69.450
EFG International Fi 8.0000 6/1/2023 CHF 67.320
Bank Vontobel AG 9.0000 6/5/2023 CHF 62.500
Societe Generale SA 14.4000 12/14/2023 USD 27.500
EFG International Fi 8.0000 3/22/2023 USD 59.830
Leonteq Securities A 8.0000 9/27/2023 CHF 65.050
Leonteq Securities A 12.0000 3/24/2023 CHF 63.010
Leonteq Securities A 8.0000 3/24/2023 CHF 64.750
Corner Banca SA 8.0000 9/27/2023 CHF 37.420
Corner Banca SA 11.4000 3/24/2023 CHF 45.850
Leonteq Securities A 7.0000 9/27/2023 CHF 68.500
Bank Julius Baer & C 9.2000 3/8/2023 CHF 64.050
Raiffeisen Schweiz G 7.0000 6/27/2023 CHF 69.760
Bank Julius Baer & C 15.4000 3/8/2023 USD 60.050
Raiffeisen Schweiz G 15.2000 3/7/2023 CHF 53.710
Banque International 10.0000 3/28/2023 CHF 37.410
Bank Vontobel AG 8.2500 3/4/2024 CHF 72.500
Credit Suisse AG/Lon 16.0000 3/3/2023 USD 27.150
Raiffeisen Schweiz G 4.0000 9/27/2024 CHF 56.750
Raiffeisen Schweiz G 7.0000 3/24/2023 CHF 61.310
Zurcher Kantonalbank 20.0000 3/3/2023 USD 67.460
Bank Vontobel AG 10.0000 3/4/2024 EUR 67.600
Bank Vontobel AG 9.5000 6/2/2023 CHF 68.200
Basler Kantonalbank 10.0000 3/29/2023 CHF 36.550
EFG International Fi 12.0000 3/29/2023 USD 43.380
Raiffeisen Bank Inte 5.3677 3/22/2023 EUR 68.930
Raiffeisen Bank Inte 9.3934 3/22/2023 EUR 60.250
Raiffeisen Bank Inte 12.0772 3/22/2023 EUR 54.960
Raiffeisen Bank Inte 12.0772 3/22/2023 EUR 67.460
Vontobel Financial P 10.0000 3/24/2023 EUR 54.170
Landesbank Hessen-Th 1.5000 10/1/2036 EUR 64.600
Raiffeisen Schweiz G 5.8500 10/4/2023 CHF 62.840
Landesbank Baden-Wue 2.2500 3/24/2023 EUR 71.250
Landesbank Baden-Wue 4.9000 3/24/2023 EUR 61.800
Landesbank Baden-Wue 8.6500 3/24/2023 EUR 51.870
Landesbank Baden-Wue 4.2000 3/24/2023 EUR 67.840
Landesbank Baden-Wue 8.9000 3/24/2023 EUR 56.930
Landesbank Baden-Wue 6.2500 3/24/2023 EUR 73.010
Landesbank Baden-Wue 3.6500 3/24/2023 EUR 74.520
Landesbank Baden-Wue 6.2000 3/24/2023 EUR 64.650
Landesbank Baden-Wue 3.0000 3/24/2023 EUR 69.960
Landesbank Baden-Wue 4.9000 3/24/2023 EUR 73.620
Leonteq Securities A 8.0000 3/11/2024 CHF 51.390
Sberbank of Russia P 0.0100 10/3/2028 RUB 70.700
Landesbank Baden-Wue 2.0000 3/24/2023 EUR 62.110
Credit Suisse AG/Lon 9.5000 3/7/2023 CHF 39.020
Credit Suisse AG/Lon 11.8500 3/18/2024 USD 71.550
Leonteq Securities A 11.0000 4/4/2023 CHF 68.320
Leonteq Securities A 7.0000 10/4/2023 CHF 57.950
Leonteq Securities A 10.0000 4/4/2023 CHF 59.380
Leonteq Securities A 7.4000 10/4/2023 CHF 67.890
Corner Banca SA 8.0000 4/4/2023 CHF 71.420
Corner Banca SA 7.0000 10/4/2023 CHF 68.730
Sberbank of Russia P 0.0100 10/23/2026 RUB 67.810
Landesbank Hessen-Th 1.5000 12/10/2036 EUR 66.900
Vontobel Financial P 8.4000 12/4/2023 EUR 68.630
Raiffeisen Schweiz G 8.2000 2/6/2024 CHF 70.760
Leonteq Securities A 9.0000 5/8/2023 CHF 65.510
Bank Julius Baer & C 7.5000 5/10/2023 CHF 66.300
Credit Suisse AG/Lon 8.0000 11/10/2023 USD 44.890
UBS AG/London 17.2500 5/4/2023 CHF 46.650
Bank Vontobel AG 8.5000 11/3/2023 CHF 49.600
Leonteq Securities A 9.0000 5/9/2023 CHF 62.710
Banque International 8.0000 11/8/2023 USD 69.580
Zurcher Kantonalbank 7.0000 4/27/2023 CHF 66.340
Credit Suisse AG/Lon 8.0000 11/15/2023 USD 62.410
HSBC Trinkaus & Burk 5.0000 6/22/2023 EUR 75.190
DZ Bank AG Deutsche 6.2500 3/20/2023 EUR 73.980
DZ Bank AG Deutsche 4.7500 3/20/2023 EUR 62.010
UBS AG/London 8.0000 5/3/2023 CHF 69.000
Zurcher Kantonalbank 9.0000 5/4/2023 CHF 71.040
DZ Bank AG Deutsche 12.4000 6/23/2023 EUR 68.730
SG Issuer SA 5.0000 5/30/2029 EUR 53.540
Vontobel Financial P 16.7500 9/22/2023 EUR 69.800
Leonteq Securities A 11.0000 8/9/2023 CHF 72.760
UBS AG/London 18.0000 4/8/2024 CHF 68.850
Zurcher Kantonalbank 11.0000 4/6/2023 CHF 61.760
Zurcher Kantonalbank 19.0000 4/6/2023 CHF 62.250
Credit Suisse AG/Lon 7.0000 4/6/2023 CHF 59.560
Credit Suisse AG/Lon 4.2000 4/21/2023 EUR 46.040
Raiffeisen Bank Inte 11.0816 9/20/2023 EUR 70.220
Raiffeisen Bank Inte 11.0816 9/20/2023 EUR 56.260
Raiffeisen Bank Inte 8.3112 9/20/2023 EUR 58.810
DZ Bank AG Deutsche 5.2500 6/21/2023 EUR 55.120
Bank Vontobel AG 15.0000 4/12/2023 CHF 57.100
Bank Vontobel AG 8.7500 10/9/2023 CHF 61.300
UniCredit Bank AG 10.8000 5/10/2023 EUR 34.170
EFG International Fi 4.5000 2/12/2024 USD 50.120
Raiffeisen Switzerla 7.2000 2/15/2023 CHF 55.290
Landesbank Baden-Wue 3.8000 2/24/2023 EUR 72.380
UBS AG/London 8.7500 2/17/2023 CHF 58.550
UBS AG/London 14.7500 2/17/2023 CHF 16.400
DekaBank Deutsche Gi 1.0000 3/17/2025 EUR 70.970
Landesbank Hessen-Th 1.0000 3/17/2036 EUR 63.800
Raiffeisen Schweiz G 14.8000 4/11/2023 CHF 39.790
Raiffeisen Bank Inte 8.3112 9/20/2023 EUR 73.730
Raiffeisen Bank Inte 9.6964 9/20/2023 EUR 71.740
Raiffeisen Bank Inte 8.3112 9/20/2023 EUR 63.810
Raiffeisen Bank Inte 9.6964 9/20/2023 EUR 59.360
Raiffeisen Bank Inte 5.5408 9/20/2023 EUR 61.450
Raiffeisen Bank Inte 6.9260 9/20/2023 EUR 59.910
DZ Bank AG Deutsche 21.5000 4/28/2023 EUR 69.670
Bank Vontobel AG 10.2500 10/9/2023 CHF 68.700
DZ Bank AG Deutsche 8.2500 3/20/2023 EUR 55.220
Leonteq Securities A 22.0000 4/12/2023 CHF 55.700
Leonteq Securities A 13.0000 7/11/2023 CHF 66.670
Corner Banca SA 20.0000 4/12/2023 CHF 60.800
UBS AG/London 11.2500 8/31/2023 CHF 63.500
Basler Kantonalbank 7.0000 9/22/2023 CHF 71.130
Basler Kantonalbank 8.0000 3/22/2023 CHF 60.550
EFG International Fi 16.0000 3/22/2023 CHF 32.410
Leonteq Securities A 10.0000 3/24/2023 USD 52.400
Bank Julius Baer & C 9.4000 3/8/2023 CHF 42.050
Luzerner Kantonalban 3.5000 8/30/2023 USD 61.430
Leonteq Securities A 21.0000 2/14/2023 CHF 31.720
Leonteq Securities A 10.0000 8/11/2023 CHF 45.260
Leonteq Securities A 4.0000 8/11/2023 EUR 70.730
Raiffeisen Schweiz G 3.5500 11/29/2023 CHF 62.180
Zurcher Kantonalbank 5.0000 5/23/2023 CHF 64.140
EFG International Fi 5.4800 2/24/2023 EUR 65.470
DZ Bank AG Deutsche 9.2500 3/22/2023 EUR 32.480
Leonteq Securities A 13.0000 2/14/2023 USD 62.050
Corner Banca SA 15.0000 2/14/2023 CHF 71.870
Corner Banca SA 21.0000 2/14/2023 CHF 35.150
Landesbank Baden-Wue 3.0000 2/27/2026 EUR 71.910
DZ Bank AG Deutsche 10.0000 3/22/2023 EUR 24.110
UBS AG/London 9.0000 6/1/2023 CHF 68.750
UBS AG/London 6.7500 12/1/2023 CHF 64.400
UBS AG/London 10.5000 6/1/2023 CHF 65.700
UBS AG/London 7.7500 6/1/2023 CHF 62.150
UBS AG/London 7.7500 12/1/2023 CHF 71.200
UBS AG/London 6.5000 12/1/2023 CHF 62.550
UBS AG/London 7.2500 12/1/2023 CHF 68.700
UBS AG/London 5.7500 12/1/2023 CHF 69.650
SG Issuer SA 2.1000 8/23/2033 EUR 20.260
Credit Suisse AG/Lon 7.0000 5/19/2023 CHF 71.220
Credit Suisse AG/Lon 7.2500 5/24/2023 CHF 69.600
Credit Suisse AG/Lon 8.5000 2/24/2023 CHF 61.260
DZ Bank AG Deutsche 7.7000 6/19/2023 EUR 74.650
Societe Generale SA 8.1000 4/3/2023 USD 61.980
UBS AG/London 14.0000 3/23/2023 USD 71.750
UBS AG/London 14.2500 3/23/2023 CHF 73.100
Bank Vontobel AG 7.0000 7/28/2023 CHF 72.100
UBS AG/London 9.2500 11/10/2023 CHF 58.450
Leonteq Securities A 6.0000 2/13/2023 EUR 48.610
Raiffeisen Schweiz G 7.0000 11/8/2023 CHF 68.210
UBS AG/London 10.7500 11/13/2023 CHF 64.700
Raiffeisen Schweiz G 8.0000 5/5/2023 CHF 56.200
UBS AG/London 8.5000 11/10/2023 CHF 34.450
UBS AG/London 8.2500 5/10/2023 CHF 70.400
Vontobel Financial P 4.0000 11/30/2023 EUR 53.060
Vontobel Financial P 10.0000 3/24/2023 EUR 60.420
Vontobel Financial P 13.5000 3/24/2023 EUR 69.010
UniCredit Bank AG 4.4000 3/16/2026 EUR 63.310
Leonteq Securities A 17.0600 2/13/2023 USD 61.060
DZ Bank AG Deutsche 8.5000 3/22/2023 EUR 28.440
Leonteq Securities A 12.0000 5/11/2023 CHF 26.700
Corner Banca SA 14.0000 2/14/2023 CHF 64.200
DZ Bank AG Deutsche 7.4000 3/20/2023 EUR 71.710
DZ Bank AG Deutsche 4.9000 3/20/2023 EUR 52.120
DZ Bank AG Deutsche 4.7500 6/19/2023 EUR 69.850
EFG International Fi 11.0000 8/9/2023 CHF 59.050
Vontobel Financial P 14.0000 3/24/2023 EUR 24.800
Vontobel Financial P 19.0000 3/24/2023 EUR 62.280
Vontobel Financial P 16.0000 3/24/2023 EUR 66.810
Vontobel Financial P 15.0000 3/24/2023 EUR 72.940
Vontobel Financial P 20.0000 3/24/2023 EUR 64.300
Vontobel Financial P 16.0000 3/24/2023 EUR 70.510
Vontobel Financial P 18.5000 3/24/2023 EUR 66.200
Vontobel Financial P 17.0000 3/24/2023 EUR 68.260
Vontobel Financial P 21.0000 3/24/2023 EUR 62.460
Vontobel Financial P 22.5000 3/24/2023 EUR 60.800
Vontobel Financial P 15.0000 3/24/2023 EUR 69.620
Vontobel Financial P 17.5000 3/24/2023 EUR 64.550
Vontobel Financial P 5.0000 3/24/2023 EUR 72.560
Vontobel Financial P 7.0000 3/24/2023 EUR 68.020
Vontobel Financial P 8.0000 3/24/2023 EUR 65.840
Vontobel Financial P 11.5000 3/24/2023 EUR 60.270
Vontobel Financial P 13.0000 3/24/2023 EUR 58.620
UniCredit Bank AG 12.5500 6/1/2023 EUR 34.490
DZ Bank AG Deutsche 4.9000 6/19/2023 EUR 72.100
Vontobel Financial P 14.2500 3/24/2023 EUR 71.550
Nordea Bank Abp 2.0000 4/29/2027 SEK 62.820
Zurcher Kantonalbank 9.0000 4/5/2023 USD 61.850
Raiffeisen Schweiz G 15.0000 4/11/2023 CHF 58.910
UBS AG/London 17.4000 4/14/2027 SEK 70.250
DZ Bank AG Deutsche 8.2500 6/19/2023 EUR 54.190
Zurcher Kantonalbank 10.7000 4/4/2023 USD 58.980
Leonteq Securities A 16.0000 4/12/2023 CHF 59.190
EFG International Fi 7.8000 10/6/2023 USD 66.720
Corner Banca SA 10.0000 10/11/2023 USD 64.940
Leonteq Securities A 11.0000 10/11/2023 USD 69.880
SG Issuer SA 1.6000 4/21/2034 EUR 67.880
Zurcher Kantonalbank 14.0000 4/5/2023 CHF 68.220
Raiffeisen Schweiz G 8.0000 10/11/2023 CHF 64.520
Raiffeisen Schweiz G 13.5000 4/11/2023 CHF 55.000
Raiffeisen Schweiz G 10.0000 7/11/2023 CHF 45.540
Corner Banca SA 18.8000 3/28/2023 CHF 58.890
Landesbank Hessen-Th 1.5000 3/10/2037 EUR 68.800
Raiffeisen Schweiz G 7.9000 7/28/2023 CHF 61.820
Bank Vontobel AG 11.0000 1/29/2024 CHF 65.600
UBS AG/London 16.7500 3/2/2023 USD 68.500
UBS AG/London 9.2500 9/4/2023 EUR 65.400
Leonteq Securities A 15.0000 6/28/2023 USD 64.430
Raiffeisen Schweiz G 8.7000 12/28/2023 CHF 69.720
Zurcher Kantonalbank 18.0000 3/23/2023 CHF 67.580
DZ Bank AG Deutsche 10.5000 6/21/2023 EUR 58.620
Raiffeisen Schweiz G 16.5000 3/28/2023 CHF 70.050
Bank Julius Baer & C 15.2500 3/29/2023 CHF 36.300
UBS AG/London 12.7500 3/25/2024 CHF 68.300
UBS AG/London 14.0000 3/2/2023 CHF 57.500
Basler Kantonalbank 15.0000 5/24/2023 CHF 32.700
Leonteq Securities A 22.8000 2/15/2023 CHF 46.030
Leonteq Securities A 26.4000 2/14/2023 CHF 13.500
Credit Suisse AG/Lon 10.5000 3/21/2023 USD 68.780
Bank Julius Baer & C 12.4000 5/15/2023 CHF 47.050
Bank Vontobel AG 10.7500 2/12/2024 CHF 63.400
Banque International 10.0000 8/9/2023 CHF 55.890
Vontobel Financial P 3.5000 3/24/2023 EUR 65.890
Vontobel Financial P 7.5000 3/24/2023 EUR 56.890
Leonteq Securities A 20.0000 3/28/2023 USD 70.360
Raiffeisen Schweiz G 10.2000 8/11/2023 CHF 67.260
Vontobel Financial P 13.0000 3/24/2023 EUR 50.440
Vontobel Financial P 3.5000 7/3/2023 EUR 54.790
Leonteq Securities A 8.0000 5/17/2023 CHF 53.850
Leonteq Securities A 16.0000 9/26/2023 CHF 51.120
Landesbank Baden-Wue 4.0000 7/25/2025 EUR 38.020
Zurcher Kantonalbank 7.5000 4/13/2023 CHF 68.580
UBS AG/London 13.7500 4/17/2023 CHF 62.800
UBS AG/London 11.0000 10/13/2023 CHF 59.400
EFG International Fi 19.0000 4/19/2023 USD 69.060
Credit Suisse AG/Lon 10.8200 7/13/2023 CHF 62.670
Bank Vontobel AG 8.7500 4/17/2023 EUR 70.000
UBS AG/London 12.7500 4/13/2023 CHF 43.300
Vontobel Financial P 18.5000 9/22/2023 EUR 73.090
Vontobel Financial P 22.5000 6/23/2023 EUR 70.390
UBS AG/London 8.5000 9/29/2023 CHF 61.050
UBS AG/London 8.5000 9/29/2023 CHF 64.950
UBS AG/London 10.0000 3/29/2023 CHF 51.750
UBS AG/London 7.7500 9/29/2023 CHF 36.300
UBS AG/London 8.2500 10/20/2023 CHF 63.350
UBS AG/London 9.0000 7/21/2023 EUR 65.600
UBS AG/London 7.5000 3/1/2023 CHF 61.150
UBS AG/London 9.5000 2/27/2023 CHF 54.050
UBS AG/London 9.7500 2/20/2023 CHF 62.800
UBS AG/London 6.2500 8/18/2023 CHF 72.350
UBS AG/London 6.2500 8/18/2023 CHF 70.550
UBS AG/London 7.0000 7/21/2023 CHF 66.050
Zurcher Kantonalbank 8.2500 3/15/2023 EUR 55.900
UBS AG/London 6.7500 3/22/2023 CHF 62.500
UBS AG/London 10.5000 3/22/2023 USD 28.020
UBS AG/London 11.2500 3/1/2023 CHF 12.240
UBS AG/London 9.0000 3/1/2023 EUR 73.650
UBS AG/London 7.2500 9/8/2023 CHF 56.000
UBS AG/London 15.7500 3/9/2023 USD 43.350
UBS AG/London 8.0000 2/13/2023 CHF 65.750
UBS AG/London 9.5000 2/13/2023 CHF 68.200
UBS AG/London 8.0000 8/18/2023 USD 68.750
UBS AG/London 6.5000 3/8/2023 CHF 61.350
Zurcher Kantonalbank 9.7500 3/16/2023 CHF 58.460
UBS AG/London 7.2500 10/13/2023 CHF 68.150
UBS AG/London 7.0000 3/15/2023 CHF 56.650
UBS AG/London 15.2500 9/15/2023 USD 22.020
UBS AG/London 8.0000 3/22/2023 CHF 62.350
Bank Vontobel AG 13.5000 3/31/2023 CHF 44.800
UBS AG/London 10.5000 4/6/2023 CHF 32.950
UBS AG/London 7.5000 4/13/2023 CHF 57.700
UBS AG/London 7.0000 4/13/2023 CHF 63.700
UBS AG/London 13.2500 4/14/2023 USD 50.300
UBS AG/London 6.7500 4/6/2023 CHF 64.250
UBS AG/London 8.0000 10/6/2023 CHF 53.350
UBS AG/London 9.7500 4/6/2023 CHF 32.900
UBS AG/London 6.2500 8/18/2023 CHF 61.000
UBS AG/London 9.2500 2/27/2023 CHF 13.480
UBS AG/London 11.0000 2/27/2023 CHF 41.000
UBS AG/London 9.5000 2/27/2023 CHF 62.150
Bank Vontobel AG 7.2500 10/2/2023 CHF 59.500
UBS AG/London 8.7500 4/27/2023 CHF 72.200
UBS AG/London 8.0000 10/27/2023 CHF 72.200
UBS AG/London 9.7500 4/27/2023 USD 56.300
Landesbank Baden-Wue 2.0000 10/27/2023 EUR 75.190
EFG International Fi 9.8000 6/21/2023 EUR 19.080
Landesbank Hessen-Th 1.1000 7/23/2036 EUR 65.050
UBS AG/London 13.5000 4/13/2023 CHF 59.950
Landesbank Baden-Wue 3.2600 4/28/2023 EUR 69.480
Leonteq Securities A 9.9300 5/4/2023 USD 70.290
EFG International Fi 14.0000 7/26/2023 USD 57.930
Credit Agricole Corp 8.0400 5/18/2023 USD 32.850
DZ Bank AG Deutsche 8.5000 9/20/2023 EUR 39.640
Raiffeisen Switzerla 14.0000 7/25/2023 CHF 42.680
Bank Julius Baer & C 16.4000 7/26/2023 CHF 60.250
Bank Vontobel AG 11.0000 7/24/2023 CHF 61.000
UniCredit Bank AG 12.6000 8/25/2023 EUR 51.370
UniCredit Bank AG 14.3000 11/24/2023 EUR 48.550
Vontobel Financial P 7.0000 6/23/2023 EUR 71.320
UniCredit Bank AG 14.1000 2/24/2023 EUR 50.470
Landesbank Baden-Wue 5.1000 6/28/2024 EUR 50.490
Leonteq Securities A 9.0000 8/24/2023 CHF 69.280
Luzerner Kantonalban 15.7500 2/21/2023 CHF 65.320
Leonteq Securities A 12.0000 5/30/2023 CHF 69.100
Landesbank Baden-Wue 4.0000 6/28/2024 EUR 55.080
Landesbank Baden-Wue 7.0000 6/28/2024 EUR 46.280
Landesbank Baden-Wue 6.0000 1/26/2024 EUR 56.160
DZ Bank AG Deutsche 13.7000 6/23/2023 EUR 60.790
Bank Vontobel AG 8.2500 8/21/2023 CHF 71.900
Landesbank Baden-Wue 7.8000 1/26/2024 EUR 51.290
DZ Bank AG Deutsche 17.3000 3/24/2023 EUR 68.980
Raiffeisen Schweiz G 8.2500 10/4/2023 CHF 71.580
Raiffeisen Schweiz G 8.5000 7/5/2023 USD 70.610
Leonteq Securities A 8.0900 10/4/2023 CHF 44.770
Vontobel Financial P 17.0000 9/22/2023 EUR 73.460
Credit Suisse AG/Lon 14.7500 8/18/2023 USD 64.900
Bank Vontobel AG 7.5000 6/19/2023 CHF 70.400
Vontobel Financial P 18.5000 6/23/2023 EUR 72.400
Bank Vontobel AG 18.2500 1/5/2024 CHF 68.000
VTB Bank PJSC 0.0100 3/25/2026 RUB 70.520
DekaBank Deutsche Gi 3.2000 7/21/2025 EUR 70.180
Raiffeisen Schweiz G 9.5000 4/4/2023 CHF 66.060
Erste Group Bank AG 4.5000 11/2/2025 EUR #N/A N/A
Sberbank of Russia P 0.0100 10/5/2026 RUB 73.600
Sberbank of Russia P 0.0100 2/26/2027 RUB 69.600
EFG International Fi 10.0000 4/6/2023 CHF 69.080
Barclays Bank PLC 2.5500 6/19/2024 USD 71.777
Leonteq Securities A 26.4000 2/24/2023 CHF 13.120
BNP Paribas Emission 5.3000 9/1/2023 EUR 69.700
Sberbank of Russia P 0.0100 10/5/2028 RUB 62.900
Landesbank Hessen-Th 1.2500 11/10/2036 EUR 66.200
UBS AG/London 6.8000 6/15/2026 USD 61.740
DekaBank Deutsche Gi 4.0000 9/1/2025 EUR 30.920
Societe Generale SA 16.0000 8/30/2024 USD 20.135
Societe Generale SA 8.0000 8/16/2023 USD 35.900
UniCredit Bank AG 3.6000 9/2/2024 EUR 35.450
DekaBank Deutsche Gi 3.1000 8/30/2024 EUR 73.360
DekaBank Deutsche Gi 3.6500 8/30/2024 EUR 29.130
Sberbank of Russia P 0.0100 8/3/2028 RUB 62.000
Bank Vontobel AG 7.0000 2/5/2024 CHF 56.600
Sberbank of Russia P 0.0100 8/6/2026 RUB 74.600
BrokerCreditService 3.5000 4/30/2024 USD 53.000
BrokerCreditService 8.0000 1/30/2024 USD 62.170
DekaBank Deutsche Gi 4.5000 9/1/2023 EUR 23.330
UBS AG/London 8.0000 11/8/2023 USD 9.570
Landesbank Hessen-Th 1.5000 10/27/2036 EUR 61.100
Landesbank Baden-Wue 2.0000 8/22/2025 EUR 66.700
Landesbank Baden-Wue 4.0000 8/22/2025 EUR 53.100
Leonteq Securities A 8.0000 8/2/2023 CHF 56.220
Landesbank Baden-Wue 3.2500 8/22/2025 EUR 67.180
Raiffeisen Schweiz G 7.0000 9/20/2023 CHF 72.360
Corner Banca SA 15.0000 3/10/2023 CHF 43.130
Corner Banca SA 8.0000 12/13/2023 CHF 71.800
Bank Vontobel AG 5.0000 12/11/2023 CHF 73.000
Bank Vontobel AG 7.0000 12/11/2023 CHF 71.100
Bank Vontobel AG 9.0000 5/12/2023 CHF 61.300
Zurcher Kantonalbank 6.6000 11/8/2023 CHF 72.950
Zurcher Kantonalbank 7.0000 5/9/2023 CHF 56.540
Swissquote Bank SA 15.2000 6/13/2023 CHF 52.590
Banque Cantonale Vau 6.8500 6/7/2023 CHF 65.510
Leonteq Securities A 10.0000 3/10/2023 CHF 61.520
Bank Vontobel AG 10.0000 6/12/2023 CHF 17.300
Banque International 10.0000 5/16/2023 EUR 42.960
Raiffeisen Schweiz G 6.2000 11/15/2023 CHF 46.880
Raiffeisen Schweiz G 9.0000 5/12/2023 CHF 51.750
Raiffeisen Schweiz G 6.2000 11/15/2023 CHF 74.070
Raiffeisen Schweiz G 7.5000 11/15/2023 CHF 61.670
Raiffeisen Schweiz G 6.5000 11/15/2023 CHF 73.740
UniCredit Bank AG 11.0000 3/24/2023 EUR 42.870
Leonteq Securities A 15.0000 6/13/2023 CHF 52.680
Leonteq Securities A 7.0000 12/13/2023 CHF 67.390
Goldman Sachs Intern 0.0600 1/13/2025 EUR 59.050
Bank Vontobel AG 10.5000 6/30/2023 CHF 23.100
Leonteq Securities A 15.5000 6/13/2023 CHF 71.830
Swissquote Bank SA 25.0000 6/13/2023 CHF 56.510
UBS AG/London 8.7500 6/8/2023 CHF 71.350
UBS AG/London 18.5000 6/8/2023 USD 46.000
Landesbank Hessen-Th 1.5000 1/20/2037 EUR 65.300
Goldman Sachs Intern 0.0980 1/13/2025 EUR 24.610
Vontobel Financial P 4.2000 6/16/2023 USD 57.910
UBS AG/London 7.5000 5/3/2023 CHF 66.050
UBS AG/London 12.5000 6/8/2023 CHF 60.400
UBS AG/London 6.7500 6/8/2023 CHF 62.100
Credit Suisse AG/Lon 8.0000 3/2/2023 CHF 64.280
UBS AG/London 7.5000 6/8/2023 CHF 62.350
UBS AG/London 7.0000 1/26/2024 USD 59.450
ITK Holding zrt 2.9000 6/23/2031 HUF 62.800
UBS AG/London 7.0000 7/26/2023 CHF 49.750
UBS AG/London 6.0000 1/26/2024 CHF 71.150
UBS AG/London 9.5000 12/8/2023 USD 60.150
UBS AG/London 16.2500 5/3/2023 USD 47.800
UBS AG/London 8.5000 12/8/2023 EUR 72.150
UBS AG/London 9.0000 7/26/2023 CHF 35.150
UBS AG/London 7.7500 7/26/2023 CHF 67.350
UBS AG/London 9.7500 7/26/2023 CHF 35.500
UBS AG/London 7.5000 7/26/2023 CHF 67.300
UBS AG/London 5.2500 6/8/2023 CHF 61.600
DZ Bank AG Deutsche 6.5000 3/22/2023 EUR 67.150
SG Issuer SA 2.1000 12/27/2033 EUR 45.500
UBS AG/London 4.7500 7/26/2023 CHF 68.500
UBS AG/London 7.0000 1/26/2024 CHF 67.900
UBS AG/London 8.2500 7/26/2023 CHF 72.800
UBS AG/London 7.7500 12/8/2023 CHF 59.550
Bank Vontobel AG 15.0500 9/22/2023 CHF 66.000
Vontobel Financial P 17.5000 6/23/2023 EUR 38.580
DZ Bank AG Deutsche 21.5000 6/23/2023 EUR 55.060
DZ Bank AG Deutsche 17.6000 6/23/2023 EUR 16.780
DZ Bank AG Deutsche 15.3000 6/23/2023 EUR 71.920
Bank Vontobel AG 15.0000 5/23/2023 CHF 46.900
UniCredit Bank AG 7.4000 12/9/2024 EUR 66.740
Landesbank Baden-Wue 11.7500 11/24/2023 EUR 43.410
UBS AG/London 19.4000 3/28/2024 USD 5.456
UBS AG/London 8.5000 5/17/2023 CHF 71.900
UBS AG/London 8.0000 5/17/2023 CHF 32.150
UBS AG/London 8.2500 11/20/2023 USD 72.400
Credit Suisse AG/Lon 9.0000 11/27/2023 USD 55.800
UBS AG/London 12.0000 11/27/2023 CHF 53.100
UBS AG/London 17.7500 6/29/2023 CHF 61.900
UBS AG/London 16.2500 1/4/2024 CHF 62.150
Landesbank Baden-Wue 6.0000 11/24/2023 EUR 72.340
DZ Bank AG Deutsche 14.4000 6/23/2023 EUR 64.480
UBS AG/London 14.7500 11/27/2023 CHF 69.350
Raiffeisen Schweiz G 7.5000 3/17/2023 CHF 51.370
OR PJSC 11.0000 12/29/2024 RUB 4.980
EFG International Fi 4.7500 1/29/2024 USD 52.230
SG Issuer SA 1.2500 2/28/2033 EUR 60.520
UBS AG/London 14.0000 1/18/2024 USD 9.420
Raiffeisen Schweiz G 7.5000 3/17/2023 USD 48.150
Raiffeisen Schweiz G 9.0000 3/17/2023 CHF 64.790
Raiffeisen Schweiz G 7.0000 9/20/2023 CHF 60.870
UBS AG/London 10.2500 2/20/2023 EUR 71.550
UBS AG/London 10.0000 2/20/2023 EUR 28.060
UBS AG/London 7.5000 8/18/2023 CHF 54.100
Vontobel Financial P 13.0000 6/23/2023 EUR 63.980
UBS AG/London 6.5000 8/18/2023 CHF 71.550
Luzerner Kantonalban 6.4000 10/4/2023 CHF 72.830
UBS AG/London 6.0000 7/7/2023 EUR 61.950
UBS AG/London 9.7500 3/22/2023 CHF 32.200
UBS AG/London 9.2500 3/22/2023 CHF 53.600
UBS AG/London 14.7500 3/22/2023 USD 14.960
UBS AG/London 5.7500 8/4/2023 CHF 52.400
Vontobel Financial P 19.5000 9/22/2023 EUR 57.850
UBS AG/London 20.2500 3/1/2023 CHF 37.950
UBS AG/London 5.5000 9/1/2023 CHF 61.300
UBS AG/London 11.5000 3/1/2023 USD 57.950
UBS AG/London 9.0000 3/1/2023 CHF 67.800
UBS AG/London 9.7500 3/1/2023 CHF 12.160
UBS AG/London 10.2500 3/1/2023 CHF 56.800
UBS AG/London 7.0000 9/1/2023 CHF 32.350
UBS AG/London 5.0000 9/8/2023 CHF 59.100
Bank Vontobel AG 7.0000 3/24/2023 EUR 65.500
Bank Vontobel AG 16.2500 4/12/2023 CHF 50.700
UBS AG/London 9.2500 3/9/2023 USD 65.050
UBS AG/London 6.7500 9/8/2023 CHF 65.700
UBS AG/London 10.2500 3/9/2023 USD 27.260
UBS AG/London 7.5000 9/22/2023 CHF 69.700
UBS AG/London 9.2500 2/13/2023 CHF 15.320
UBS AG/London 7.7500 8/18/2023 CHF 62.200
Luzerner Kantonalban 9.7000 10/1/2024 CHF 64.900
UBS AG/London 10.7500 3/15/2023 CHF 13.200
UBS AG/London 4.0000 3/15/2023 CHF 64.650
UBS AG/London 10.7500 3/15/2023 USD 56.200
UBS AG/London 18.2500 3/15/2023 CHF 13.580
UBS AG/London 7.2500 9/22/2023 CHF 60.050
UBS AG/London 10.0000 3/22/2023 CHF 50.800
UBS AG/London 8.7500 3/15/2023 USD 51.750
Bank Vontobel AG 8.0000 3/6/2023 USD 58.600
Bank Vontobel AG 6.5000 2/27/2023 CHF 68.000
UBS AG/London 5.5000 7/28/2023 CHF 65.650
UBS AG/London 8.0000 7/28/2023 CHF 48.550
Zurcher Kantonalbank 11.0000 4/21/2023 CHF 68.210
UBS AG/London 7.7500 10/13/2023 CHF 35.750
UBS AG/London 8.7500 10/13/2023 CHF 64.450
UBS AG/London 9.5000 4/13/2023 EUR 66.450
UBS AG/London 7.5000 10/6/2023 CHF 66.700
Bank Vontobel AG 7.5000 10/30/2023 CHF 72.500
Bank Vontobel AG 15.0000 5/2/2023 CHF 50.100
UBS AG/London 8.7500 4/27/2023 CHF 62.650
Landesbank Baden-Wue 4.2500 10/27/2023 EUR 31.730
Landesbank Baden-Wue 3.0000 10/27/2023 EUR 70.120
Landesbank Baden-Wue 3.1000 10/27/2023 EUR 69.900
Landesbank Baden-Wue 2.2500 10/27/2023 EUR 70.640
Landesbank Baden-Wue 4.1000 7/28/2023 EUR 63.620
UBS AG/London 6.2500 4/14/2023 CHF 46.650
Bank Vontobel AG 8.0000 3/10/2023 CHF 55.600
Zurcher Kantonalbank 10.6000 3/9/2023 CHF 58.540
Zurcher Kantonalbank 8.0000 3/16/2023 CHF 64.110
UBS AG/London 5.5000 3/15/2023 EUR 40.150
UBS AG/London 7.7500 9/15/2023 CHF 69.850
UBS AG/London 12.0000 3/22/2023 CHF 12.140
Zurcher Kantonalbank 8.0000 4/5/2023 EUR 54.600
Leonteq Securities A 9.0000 5/2/2023 CHF 33.620
Bank Vontobel AG 6.5000 8/28/2023 CHF 63.900
Bank Vontobel AG 18.0000 2/28/2023 CHF 43.800
UBS AG/London 6.2500 7/28/2023 CHF 68.900
UBS AG/London 13.2500 4/6/2023 USD 59.700
UBS AG/London 14.7500 4/14/2023 USD 52.200
UBS AG/London 15.0000 4/14/2023 USD 73.300
UBS AG/London 13.2500 4/14/2023 USD 30.350
UBS AG/London 9.7500 4/6/2023 USD 13.580
UBS AG/London 13.7500 10/6/2023 USD 22.440
UBS AG/London 13.2500 4/6/2023 USD 65.850
UBS AG/London 5.5000 4/6/2023 CHF 65.700
UBS AG/London 21.2500 2/20/2023 CHF 3.440
UBS AG/London 7.7500 8/18/2023 CHF 65.950
UBS AG/London 8.2500 2/27/2023 CHF 65.800
UBS AG/London 9.0000 8/25/2023 USD 71.550
UBS AG/London 6.2500 2/27/2023 CHF 60.500
UBS AG/London 7.2500 2/27/2023 CHF 31.100
UBS AG/London 8.7500 2/27/2023 USD 48.850
UBS AG/London 8.7500 10/13/2023 CHF 57.650
UBS AG/London 10.2500 4/6/2023 USD 52.500
UBS AG/London 13.0000 4/6/2023 USD 44.800
UBS AG/London 9.2500 3/29/2023 USD 58.550
UBS AG/London 5.7500 9/29/2023 CHF 63.750
UBS AG/London 8.5000 3/29/2023 CHF 34.050
Bank Vontobel AG 7.5000 4/24/2023 CHF 60.900
Bank Vontobel AG 10.0000 3/6/2023 CHF 57.400
Bank Vontobel AG 9.0000 3/6/2023 CHF 49.300
Bank Vontobel AG 6.0000 9/4/2023 CHF 59.000
Bank Vontobel AG 13.7500 3/6/2023 EUR 25.700
UBS AG/London 7.2500 4/27/2023 CHF 64.400
Landesbank Baden-Wue 2.5000 10/27/2023 EUR 59.990
Landesbank Baden-Wue 5.2500 10/27/2023 EUR 66.830
Landesbank Baden-Wue 8.0000 10/27/2023 EUR 57.780
Bank Vontobel AG 6.0080 4/11/2023 EUR 67.900
Landesbank Baden-Wue 3.1000 10/27/2023 EUR 60.990
Landesbank Baden-Wue 4.3500 10/27/2023 EUR 75.080
Landesbank Baden-Wue 7.3500 10/27/2023 EUR 65.740
Landesbank Baden-Wue 8.2000 7/28/2023 EUR 49.730
Bank Vontobel AG 7.5000 5/2/2023 CHF 69.200
UBS AG/London 7.0000 10/27/2023 CHF 34.000
UBS AG/London 9.2500 4/27/2023 CHF 55.200
UBS AG/London 9.5000 4/27/2023 USD 50.850
Bank Julius Baer & C 8.1000 4/20/2023 USD 68.150
Landesbank Baden-Wue 3.2500 10/27/2023 EUR 68.150
Landesbank Baden-Wue 6.2000 10/27/2023 EUR 28.660
Landesbank Baden-Wue 4.2500 10/27/2023 EUR 65.780
Leonteq Securities A 9.0000 4/21/2023 USD 52.810
Landesbank Baden-Wue 4.3000 10/27/2023 EUR 66.110
Landesbank Baden-Wue 4.8000 10/27/2023 EUR 70.970
UBS AG/London 5.0000 4/14/2023 CHF 66.550
UBS AG/London 11.2500 4/14/2023 CHF 50.300
Corner Banca SA 10.0000 5/2/2023 EUR 40.490
Leonteq Securities A 12.0000 5/2/2023 CHF 59.810
Sberbank of Russia P 0.0100 11/2/2026 RUB 69.000
Raiffeisen Schweiz G 10.0000 5/1/2023 USD 55.310
Landesbank Baden-Wue 8.2000 10/27/2023 EUR 69.650
Landesbank Baden-Wue 7.6000 10/27/2023 EUR 27.380
Landesbank Baden-Wue 9.0000 10/27/2023 EUR 26.470
Landesbank Baden-Wue 6.5000 10/27/2023 EUR 61.880
Raiffeisen Switzerla 6.5000 4/12/2023 CHF 47.620
Basler Kantonalbank 7.6000 4/13/2023 CHF 53.940
Bank Vontobel AG 5.0048 10/9/2023 CHF 53.500
UBS AG/London 12.7500 4/14/2023 CHF 37.400
Raiffeisen Schweiz G 12.2500 5/2/2023 CHF 26.340
Raiffeisen Schweiz G 6.0000 11/1/2023 CHF 65.640
Bank Vontobel AG 6.5000 10/2/2023 CHF 71.300
Leonteq Securities A 12.0000 4/24/2023 USD 59.770
Landesbank Baden-Wue 4.7000 10/27/2023 EUR 55.630
Landesbank Baden-Wue 3.5000 10/27/2023 EUR 49.080
Landesbank Baden-Wue 9.2500 10/27/2023 EUR 59.670
Landesbank Baden-Wue 11.5000 7/28/2023 EUR 44.090
Sberbank of Russia P 0.0100 1/15/2027 RUB 67.100
UBS AG/London 9.0000 4/14/2023 CHF 47.100
Leonteq Securities A 9.0000 11/1/2023 CHF 65.030
Basler Kantonalbank 7.0000 11/10/2023 CHF 73.130
Basler Kantonalbank 10.0000 5/10/2023 CHF 71.070
Leonteq Securities A 14.0000 4/21/2023 CHF 49.990
Leonteq Securities A 13.0000 4/21/2023 CHF 63.310
Societe Generale SA 15.0000 5/31/2024 USD 44.400
Vontobel Financial P 15.0000 3/24/2023 EUR 68.710
Raiffeisen Schweiz G 9.0000 8/4/2023 CHF 68.230
Vontobel Financial P 14.5000 3/24/2023 EUR 53.110
Vontobel Financial P 12.5000 3/24/2023 EUR 56.360
Vontobel Financial P 6.5000 3/24/2023 EUR 68.380
Vontobel Financial P 8.5000 3/24/2023 EUR 63.800
Vontobel Financial P 10.0000 3/24/2023 EUR 59.570
Vontobel Financial P 16.5000 3/24/2023 EUR 50.640
UBS AG/London 6.5000 8/23/2023 CHF 72.250
UBS AG/London 18.0000 2/23/2023 CHF 64.300
UBS AG/London 8.2500 8/23/2023 CHF 59.900
UBS AG/London 14.5000 2/24/2023 USD 73.300
UBS AG/London 13.7500 2/23/2023 CHF 57.250
UBS AG/London 11.7500 8/23/2023 CHF 39.550
UBS AG/London 10.0000 8/23/2023 CHF 58.300
UBS AG/London 12.5000 2/23/2023 CHF 58.600
UBS AG/London 13.5000 2/23/2023 CHF 70.500
Basler Kantonalbank 19.0000 2/16/2023 CHF 49.160
Vontobel Financial P 14.5000 3/24/2023 EUR 72.810
Vontobel Financial P 16.0000 3/24/2023 EUR 70.370
SG Issuer SA 6.0200 1/20/2024 SEK 73.010
SG Issuer SA 6.5000 1/20/2025 SEK 73.920
SG Issuer SA 8.4100 1/20/2027 SEK 61.390
Bank Vontobel AG 7.5000 2/5/2024 CHF 71.200
Bank Vontobel AG 10.7500 5/8/2023 CHF 62.400
Vontobel Financial P 10.5000 3/24/2023 EUR 61.920
Vontobel Financial P 9.0000 3/24/2023 EUR 63.760
Vontobel Financial P 14.0000 3/24/2023 EUR 57.230
Vontobel Financial P 11.0000 3/24/2023 EUR 64.800
Vontobel Financial P 10.0000 3/24/2023 EUR 66.870
Vontobel Financial P 14.0000 3/24/2023 EUR 61.130
Vontobel Financial P 12.5000 3/24/2023 EUR 62.910
Vontobel Financial P 17.5000 3/24/2023 EUR 66.920
Vontobel Financial P 23.5000 3/24/2023 EUR 56.020
Vontobel Financial P 20.5000 3/24/2023 EUR 60.920
Vontobel Financial P 7.5000 3/24/2023 EUR 71.560
Vontobel Financial P 8.5000 3/24/2023 EUR 68.970
Vontobel Financial P 16.0000 3/24/2023 EUR 64.160
Vontobel Financial P 10.0000 3/24/2023 EUR 46.970
Vontobel Financial P 10.5000 3/24/2023 EUR 75.120
Vontobel Financial P 12.5000 3/24/2023 EUR 71.660
Vontobel Financial P 16.0000 3/24/2023 EUR 67.120
Vontobel Financial P 13.5000 3/24/2023 EUR 70.060
Vontobel Financial P 11.5000 3/24/2023 EUR 73.350
Sberbank of Russia P 0.0100 2/4/2027 RUB 69.100
Bank Julius Baer & C 7.2500 5/5/2023 EUR 43.000
Zurcher Kantonalbank 5.1000 1/31/2025 CHF 51.110
Landesbank Hessen-Th 1.0000 3/9/2037 EUR 66.700
Credit Suisse AG/Lon 9.0000 5/2/2023 CHF 37.580
Vontobel Financial P 7.5000 3/24/2023 EUR 63.950
Vontobel Financial P 10.0000 3/24/2023 EUR 55.140
Vontobel Financial P 6.0000 3/24/2023 EUR 54.690
Raiffeisen Bank Inte 7.5000 2/7/2024 EUR 72.460
Raiffeisen Switzerla 9.3000 8/4/2023 USD 62.380
Bank Vontobel AG 12.2500 8/4/2023 EUR 31.000
Sberbank of Russia P 0.0100 2/1/2029 RUB 69.700
Vontobel Financial P 13.0000 2/13/2023 EUR 74.370
Leonteq Securities A 9.0000 8/7/2023 CHF 40.060
Vontobel Financial P 9.0000 3/24/2023 EUR 55.030
Raiffeisen Schweiz G 14.5000 5/9/2023 CHF 62.960
Leonteq Securities A 8.0000 11/8/2023 CHF 64.830
DZ Bank AG Deutsche 6.2500 3/22/2023 EUR 73.320
Luzerner Kantonalban 10.0500 5/4/2023 CHF 71.190
Leonteq Securities A 7.0000 5/9/2023 CHF 72.640
Landesbank Baden-Wue 4.1000 3/22/2024 EUR 71.340
UBS AG/London 7.6400 4/20/2026 SEK 65.680
Leonteq Securities A 6.0000 11/8/2023 CHF 74.450
Erste Group Bank AG 6.5000 12/1/2026 EUR 61.850
UBS AG/London 5.7500 5/10/2023 EUR 62.050
UBS AG/London 7.2500 11/10/2023 CHF 54.600
UBS AG/London 6.7500 5/10/2023 CHF 69.150
DZ Bank AG Deutsche 14.4000 3/24/2023 EUR 72.870
UBS AG/London 10.7500 5/10/2023 USD 58.950
DZ Bank AG Deutsche 6.6000 6/19/2023 EUR 71.900
Raiffeisen Schweiz G 9.0000 11/8/2023 USD 69.870
UBS AG/London 7.5000 11/3/2023 CHF 69.350
Leonteq Securities A 9.2600 5/9/2023 CHF 68.300
UBS AG/London 9.5000 11/8/2023 USD 4.328
UBS AG/London 6.2500 11/10/2023 CHF 63.850
UBS AG/London 9.7500 5/10/2023 USD 54.200
UBS AG/London 9.5000 5/10/2023 CHF 45.350
UBS AG/London 6.5000 5/10/2023 CHF 69.100
UBS AG/London 7.8500 11/2/2023 USD 57.600
UBS AG/London 4.6500 10/31/2023 USD 8.920
Sberbank of Russia P 0.0100 11/2/2028 RUB 70.100
UBS AG/London 6.5000 5/3/2023 CHF 71.100
UBS AG/London 5.7500 5/3/2023 CHF 30.000
Raiffeisen Schweiz G 15.0000 5/9/2023 CHF 70.090
Societe Generale SA 24.0000 11/8/2024 USD 53.400
Societe Generale SA 7.5000 11/3/2026 USD 8.160
DekaBank Deutsche Gi 4.0000 11/8/2024 EUR 71.650
UBS AG/London 7.2500 5/3/2023 EUR 66.800
Sberbank of Russia P 0.0100 11/3/2026 RUB 69.500
UBS AG/London 7.2500 11/3/2023 CHF 56.000
Raiffeisen Bank Inte 8.0000 4/8/2024 EUR 66.580
Credit Suisse AG/Lon 10.5000 5/25/2023 EUR 75.250
Bank Julius Baer & C 8.5000 3/3/2023 USD 64.800
Landesbank Baden-Wue 5.6000 3/22/2024 EUR 60.920
Landesbank Baden-Wue 5.0000 4/28/2023 EUR 73.440
Bank Julius Baer & C 13.0000 3/3/2023 USD 74.850
Credit Suisse AG/Lon 12.0000 2/27/2023 CHF 68.430
DekaBank Deutsche Gi 3.3000 4/28/2023 EUR 67.920
Credit Suisse AG/Lon 8.7500 5/25/2023 CHF 71.460
Bank Julius Baer & C 12.8600 4/21/2023 CHF 59.550
Bank Julius Baer & C 14.6000 4/19/2023 USD 66.950
EFG International Fi 15.0000 4/21/2023 CHF 68.690
Vontobel Financial P 17.0000 6/23/2023 EUR 56.640
Vontobel Financial P 17.0000 6/23/2023 EUR 67.180
Vontobel Financial P 17.0000 3/24/2023 EUR 66.550
Vontobel Financial P 21.5000 3/24/2023 EUR 72.770
Vontobel Financial P 13.0000 3/24/2023 EUR 71.950
UniCredit Bank AG 1.5500 7/18/2031 EUR 73.090
Bank Vontobel AG 15.0000 7/21/2023 CHF 61.400
*********
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.
Marites O. Claro, Rousel Elaine T. Fernandez, Joy A. Agravante,
Julie Anne L. Toledo, Ivy B. Magdadaro, and Peter A. Chapman,
Editors.
Copyright 2023. All rights reserved. ISSN 1529-2754.
This material is copyrighted and any commercial use, resale or
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re-mailing and photocopying) is strictly prohibited without prior
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Information contained herein is obtained from sources believed to
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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.
* * * End of Transmission * * *