| NOVATEK, 5.326% 3feb2016, USD (XS0588436799) |
| Snabservice SZP, 01 |
| Bank ZENIT, BO-04 (RU000A0JS397) |
| Bank ZENIT, BO-05 (RU000A0JS3P0) |
| Rostelecom, V-01 |
| Rostelecom, 08 (RU000A0JRDP1) |
| Rostelecom, U-01 |
| Rostelecom, U-24 |
| Alfa-Bank, 7.75% 28apr2021, USD (XS0620695204) |
| Otkritie Bank, BO-01 (former KMBO, BO-01) |
| MHK EVROHIM, 05 |
| VEB-Leasing, 5.125% 27may2016, USD (XS0630950870) |
| NOVIKOMBANK, BO-02 (RU000A0JVJ94) |
| Sberbank, 5.717% 16jun2021, USD (XS0638572973) |
| OTP Bank (Russia), BO-03 (RU000A0JRV94) |
| Stroycredit Bank, BO-02 (RU000A0JRN29) |
| Stroycredit Bank, BO-04 |
| Sviaz-Bank, 06 |
| Gazprom, BO-15 |
| TransFin-M, BO-08 (RU000A0JSPY5) |
| Otkritie Holding, 01 (RU000A0JRTW3) |
| Peresvet Bank, 01 |
| Gazprombank, 09 |
| Zapadny Bank, 01 |
| UTair Finance, BO-11 (RU000A0JTZ80) |
| UTair Finance, BO-12 (RU000A0JTZA2) |
| Otkritie Holding, 02 (RU000A0JS264) |
| Razgulay Group, BO-18 |
| ProfMedia, BO-01 |
| ATEK, BO-01 |
| B&N Bank, FRN 14oct2013, USD (C, ABS) (XS0271498395) |
| Tatfondbank, BO-07 (RU000A0JTLE4) |
| Glavnaya Doroga, 06 (RU000A0JTFB2) |
| BF Capital Finance, 04 (RU000A0JTF27) |
| BF Capital Finance, 09 |
| Chelpipe, BO-02 (RU000A0JTHJ1) |
| VEB.RF, 05v |
| Sberbank, 4.95% 7feb2017, USD (XS0742380412) |
| Russian Agricultural Bank, 17 (RU000A0JT7M7) |
| Metalloinvest, 04 |
| ALROSA, 0% 21dec2012, USD (275D) (XS0761526168) |
| ALROSA, 0% 22oct2012, USD (215D) (XS0761868982) |
| Citymatik - Nizhniy Novgorod, 01 (RU000A0JS9X1) |
| Selena-Perm, 01 |
| Novorossiysk Commercial Sea Port, BO-02 (RU000A0JS7L0) |
| Arovana Capital, 11.280% 17apr2015, TRY (TRSVTBC41516) |
| RZD, 29 |
| AFK Sistema, 6.95% 17may2019, USD (XS0783242877) |
| Bank Trust, 12% 7sep2022, RUB (ABS) (XS0752757814) |
| VEB-Leasing, USD-10 (RU000A0JTYG2) |
| Russian Agricultural Bank, 5.298% 27dec2017, USD (XS0796426228) |
| Transcapitalbank, BO-01 |
| Rosseti, 25 (RU000A0JT2K2) |
| Rosseti, 28 (RU000A0JTYK4) |
| Ladya-Finance (LLC), BO-01 (RU000A0JSAC3) |
| Gazprombank, 3.375% 5aug2015, CHF (CH0188931916) |
| Rosneft, 05 (RU000A0JT965) |
| AK BARS Bank, 8% 13jul2022, USD (XS0805131439) |
| Alfa-Bank, BO-12 (RU000A0JWCL2) |
| PSB Bank, BO-06 (RU000A0JUVF8) |
| Severstal, 03 |
| Severstal, 04 |
| RUSAL Bratsk, BO-04 |
| RSU Energy, BO-03 |
| Bank Saint Petersburg, BO-09 (RU000A0JU583) |
| VTB Bank (PAO), 2.750% 17sep2014, USD (XS0837850048) |
| Asian-Pacific Bank, BO-04 |
| ROSBANK, BSO-03 (RU000A0JU0E6) |
| Mikoyanovsky Meat Processing Plant, BO-01 (RU000A0JTKN7) |
| T-Bank, 14% 6jun2018, USD (XS0808636913) |
| MHK EVROHIM, 5.125% 12dec2017, USD (XS0863583281) |
| Russian Utilities Systems, 03 |
| NLMK, BO-12 (RU000A0JU294) |
| Tatfondbank, BO-11 (RU000A0JU5G0) |
| Tatfondbank, BO-12 |
| Europlan LC, 04 (RU000A0JTPG0) |
| Expobank, 03 (RU000A0JTZG9) |
| TransFin-M, BO-22 (RU000A0JUGC6) |
| Lenta, 02 (RU000A0JTR80) |
| OTP Bank (Russia), BO-07 |
| OTP Bank (Russia), BO-08 |
| ROSBANK, BO-07 (RU000A0JTQ32) |
| ROSBANK, BO-08 |
| ROSBANK, BO-10 |
| Russian Agricultural Bank, 3.6% 4feb2016, CNY (HK0000138237) |
| SIBUR Holding, 3.914% 31jan2018, USD (XS0878855773) |
| BF Capital Finance, 22 |
| Gazprombank, 4.00% 24feb2016, CNY (XS0888100319) |
| Gazprombank, 0% 22aug2013, USD (11, 177D) (XS0894875102) |
| Sberbank, 0% 5sep2013, USD (182D) (XS0898272561) |
| Gazprombank, 0% 6mar2014, USD (364D) (XS0899332778) |
| MTS, BO-04 |
| Svyaznoy Bank, BO-02 |
| ROSBANK, A9 |
| Metallinvestbank, BO-04 |
| Sberbank, 0% 13jun2013, USD (87D) (XS0906162184) |
| X5 Finance, BO-06 (RU000A0JWG05) |
| ROSBANK, BO-15 |
| VEB.RF, BO-11 (RU000A0JUTB1) |
| Obuvrus, BO-03 |