| Deutsche Bank (London Branch), 0% 17aug2034, USD (7304D, Structured) (US25152RNT67) |
| Deutsche Bank (London Branch), FRN 28aug2034, USD (Structured) (US25152RXC23) |
| Deutsche Bank (London Branch), 3% 15mar2021, USD (Structured) (US25155MAH43) |
| Deutsche Bank (London Branch), 0% 19oct2028, USD (3654D) (US25155MLQ23) |
| Deutsche Bank (London Branch), 0% 31jul2024, USD (3653D, Structured) (US25155V6552) |
| Deutsche Bank (London Branch), 0% 31oct2024, USD (3653D, Structured) (US25157U5645) |
| Deutsche Bank (London Branch), 4% 20sep2021, USD (Structured) (US25160NAA00) |
| Deutsche Bank (London Branch), 0% 28nov2025, USD (3651D, Structured) (US25190F4265) |
| DZ Bank, 0.6% 22jun2026, EUR (A764) (DE000DG4UAY8) |
| Volkswagen Financial Services AG, 0% 12jul2023, EUR (911D) (XS2282093769) |
| NORD/LB, 0.13% 22dec2025, EUR (DE000NLB3QA7) |
| Investitionsbank Berlin, 0.5% 5sep2025, EUR (184) (DE000A1681D7) |
| NORD/LB, 0.9% 11mar2024, EUR (2040) (DE000NLB8K10) |
| KFW, 4.28% 19jan2022, ZAR (XS2289093788) |
| Landesbank Saar, 0.01% 13jan2025, EUR (DE000SLB1424) |
| Aroundtown, 1.625% perp., EUR (28) (XS2287744721) |
| UniCredit Bank AG, 0.01% 21jan2036, EUR (DE000HV2AX54) |
| KFW, 4.4% 25jul2025, MXN (XS2291329030) |
| NORD/LB, FRN 10feb2027, EUR (DE000NLB8713) |
| DZ Bank, FRN 18jan2029, EUR (A1549) (DE000DFK0GH8) |
| DZ Bank, 0.1% 18jan2029, EUR (A1550) (DE000DFK0GJ4) |
| NRW.BANK, 1.15% 5jul2027, EUR (696) (DE000NWB2HJ6) |
| UniCredit Bank AG, 0.2% 13nov2023, EUR (1946) (DE000HV2APC5) |
| Landesbank Hessen-Thueringen (Helaba), FRN 22jan2036, EUR (DE000HLB2ZB6) |
| Dekabank, 0.25% 21dec2029, EUR (7737) (DE000DK0T2D6) |
| DZ Bank, 0.55% 21jan2036, EUR (A1545) (DE000DFK0GC9) |
| UniCredit Bank AG, 0.5% 12dec2025, EUR (DE000HV2APN2) |
| KFW, 0% 2feb2026, EUR (1826D) (DE000A3H2ZG4) |
| BayernLB, 0% 27jan2022, EUR (364D) (DE000BLB6RL9) |
| LfA Forderbank Bayern, 0.16% 2jan2040, EUR (DE000LFA1925) |
| DZ Bank, FRN 30dec2030, EUR (Structured) (DE000DD5AU44) |
| DZ Bank, 2% 20jul2048, EUR (DE000DDA0LH2) |
| DZ Bank, 0.2% 2oct2034, EUR (A1557) (DE000DFK0G26) |
| Deutsche Bahn, 0.478% 12feb2026, SEK (XS2299091186) |
| DZ Bank, 0.86% 30dec2030, EUR (Structured) (DE000DD5AU85) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.01% 5feb2024, EUR (DE000LB13UQ7) |
| KFW, 0.75% 19feb2026, CAD (US500769JL97) |
| Kreissparkasse Ludwigsburg, 2% 27nov2023, EUR (P10) (DE000A1YCTG9) |
| NORD/LB, 0.01% 12feb2025, EUR (DE000NLB3P28) |
| DZ Bank, 0.23% 19feb2031, EUR (A1575) (DE000DFK0HW5) |
| Dekabank, 0.05% 19feb2031, EUR (7748) (DE000DK0T2Q8) |
| Landesbank Hessen-Thueringen (Helaba), 0.5% 28sep2029, EUR (DE000HLB4066) |
| UniCredit Bank AG, 0.32% 20jul2026, EUR (Structured) (DE000HVB56F5) |
| Landesbank Baden-Wuerttemberg (LBBW), FRN 26sep2034, EUR (DE000LB2CYX7) |
| Erste Abwicklungsanstalt, 0.25% 1mar2024, USD (XS2307846555) |
| blueplanet Investments, 5.5% 26feb2026, EUR (Conv.) (DE000A3H3F75) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.544% 30aug2024, EUR (DE000LB1B209) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.64% 26feb2036, EUR (DE000LB13UZ8) |
| Landesbank Baden-Wuerttemberg (LBBW), FRN 27feb2028, EUR (DE000LB2CY22) |
| DZ Bank, 0.85% 23dec2027, EUR (10039, Structured) (DE000DD5AVD0) |
| NRW.BANK, 1.18% 3mar2051, EUR (853) (DE000NWB2NP1) |
| Landesbank Baden-Wuerttemberg (LBBW), 1.1% 28dec2026, EUR (DE000LB1M1L9) |
| NORD/LB, 0.01% 5sep2025, EUR (DE000NLB3QF6) |
| Landesbank Baden-Wuerttemberg (LBBW), FRN 24oct2022, EUR (DE000LB0Z0P8) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.01% 24jan2028, EUR (DE000BHY0GE9) |
| Landesbank Hessen-Thueringen (Helaba), 0.44% 26mar2030, EUR (DE000HLB21P9) |
| Landesbank Hessen-Thueringen (Helaba), 0.4% 7may2029, EUR (DE000HLB21U9) |
| Landesbank Hessen-Thueringen (Helaba), 0.34% 29mar2029, EUR (DE000HLB21W5) |
| Aareal Bank, 0.52% 18apr2031, EUR (DE000A289LY6) |
| Deutsche Bank, FRN 30nov2028, USD (Structured) (XS2011155582) |
| Deutsche Bank, 2.2% 4jun2025, USD (XS1809936575) |
| Deutsche Bank, 1% 19nov2025, USD (Structured) (XS1809944165) |
| Landesbank Hessen-Thueringen (Helaba), 0.9% 12may2036, EUR (DE000HLB22A9) |
| DZ Bank, 0.27% 9apr2031, EUR (C273) (DE000DFK0J56) |
| Dekabank, 0.17% 29dec2036, EUR (R19193) (DE000DK00AF7) |
| DZ Bank, 0.31% 8apr2030, EUR (A1604) (DE000DFK0J15) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.8% 11nov2022, EUR (DE000LB00CF5) |
| UniCredit Bank AG, 4.8% 4dec2023, EUR (Structured) (DE000HVB3XV5) |
| UniCredit Bank AG, 0.9% 18jul2031, EUR (Structured) (DE000HVB5DF5) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.6% 12apr2027, EUR (DE000LB2C0E7) |
| KFW, 1.175% 14apr2051, EUR (DE000A3H3KB5) |
| DZ Bank, 0.7% 23jun2028, EUR (10077, Structured) (DE000DD5AWH9) |
| NRW.BANK, 0.14% 21apr2031, EUR (864) (DE000NWB2NZ0) |
| Landesbank Hessen-Thueringen (Helaba), 1% 29oct2024, EUR (Structured) (DE000HLB8752) |
| Societe Generale Effekten, 0% 14apr2023, USD (731D, Structured) (DE000SR7DBG2) |
| DZ Bank, 0.65% 23jun2028, EUR (10082, Structured) (DE000DD5AWN7) |
| Landesbank Baden-Wuerttemberg (LBBW), FRN 5jan2024, EUR (DE000LB1M1T2) |
| Landesbank Baden-Wuerttemberg (LBBW), 0% 2jan2048, EUR (11536D) (DE000LB1A706) |
| Landesbank Baden-Wuerttemberg (LBBW), 0% 2jan2050, EUR (12508D) (DE000LB06C06) |
| DZ Hyp, FRN 19feb2029, EUR (652) (DE000A12TYS2) |
| Hamburger Sparkasse AG, 1% 12dec2024, EUR (29) (DE000A13SPX0) |
| DZ Hyp, 0.95% 15dec2023, EUR (352) (DE000A13SR12) |
| Hamburger Sparkasse AG, 2% 25mar2024, EUR (17) (DE000A1R07B5) |
| DZ Hyp, 1.75% 6apr2023, EUR (1144) (DE000A1REY26) |
| Commerzbank, 1.3% 21dec2027, EUR (894) (DE000CZ40ML6) |
| KFW, 8.3% 26may2031, ZAR (XS2344447193) |
| KFW, 0.375% 20may2036, EUR (DE000A3H3KE9) |
| Deutsche Pfandbriefbank, 2.1% 19feb2024, EUR (15220) (DE000A1X3LZ4) |
| Deutsche Pfandbriefbank, FRN 19may2031, EUR (25051) (DE000A1EWJQ9) |
| ProCredit Holding, 0.4% 11may2024, EUR (DE000A3E5LD7) |
| PCC SE, 4% 1jul2026, EUR (DE000A3E5S42) |
| KFW, 0.016% 15nov2022, EUR (DE000A3H3KH2) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.41% 28may2030, EUR (DE000LB2BEC5) |
| DZ Bank, 0.01% 23jun2022, EUR (Structured) (DE000DD5AW34) |
| NORD/LB, 2.5% 5apr2030, EUR (DE000NLB9AF7) |
| NORD/LB, FRN 12dec2022, EUR (DE000NLB2R27) |
| NORD/LB, FRN 12dec2024, EUR (DE000NLB2R43) |
| NORD/LB, FRN 13jan2023, EUR (1834) (DE000NLB8E59) |
| NORD/LB, FRN 17mar2031, EUR (1876) (DE000NLB2FD6) |
| BayernLB, 0.10% 11aug2022, EUR (DE000BLB45D7) |