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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <pctVal>0.193434297847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-27</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230119_STATESTREET_28032"/>
        </identifiers>
        <balance>6928341.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-207376.70000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>STATE STREET</counterpartyName>
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            <amtCurSold>6928341.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>7218030.87000000</amtCurPur>
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            <unrealizedAppr>-207376.70000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0223816"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.46908000"/>
        <valUSD>675279.77000000</valUSD>
        <pctVal>0.204824430330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Province de Quebec</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>PROVINCE OF QUEBEC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2049767168"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.82734000"/>
        <valUSD>337192.69000000</valUSD>
        <pctVal>0.102276572924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB</title>
        <cusip>86959LAG8</cusip>
        <identifiers>
          <isin value="US86959LAG86"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1171416.25000000</valUSD>
        <pctVal>0.355311497167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Province de Quebec</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>PROVINCE OF QUEBEC</title>
        <cusip>748149AQ4</cusip>
        <identifiers>
          <isin value="US748149AQ48"/>
        </identifiers>
        <balance>5120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4973870.08000000</valUSD>
        <pctVal>1.508663743432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U S TREASURY NOTE</title>
        <cusip>91282CDR9</cusip>
        <identifiers>
          <isin value="US91282CDR97"/>
        </identifiers>
        <balance>4708700.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4526237.88000000</valUSD>
        <pctVal>1.372888892125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninkrijk der Nederlanden</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0011220108"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>301920.11000000</valUSD>
        <pctVal>0.091577768627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON COM INC</title>
        <cusip>023135CD6</cusip>
        <identifiers>
          <isin value="US023135CD60"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1950340.00000000</valUSD>
        <pctVal>0.591573000106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.73000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRITISH POUND</name>
        <lei>N/A</lei>
        <title>BRITISH POUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="GBP_20230120_UBSWARBURG_28117"/>
        </identifiers>
        <balance>-417547.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <currencyConditional curCd="GBP" exchangeRt="1.00000000"/>
        <valUSD>4451.16000000</valUSD>
        <pctVal>0.001350116428</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS WARBURG</counterpartyName>
              <counterpartyLei>54930046C4LIH72FNN96</counterpartyLei>
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            <amtCurSold>500519.85000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>417547.00000000</amtCurPur>
            <curPur>GBP</curPur>
            <settlementDt>2023-01-20</settlementDt>
            <unrealizedAppr>4451.16000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Valtioneuvosto</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
        <title>FINLAND GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FI4000167317"/>
        </identifiers>
        <balance>1300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>1320662.09000000</valUSD>
        <pctVal>0.400580429416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Financial Stability Facility SA</name>
        <lei>222100OW6UHQXNHKN143</lei>
        <title>EUROPEAN FINANCIAL STABILITY FACILITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1G0BN7"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>1166766.20000000</valUSD>
        <pctVal>0.353901053845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230119_CITIGROUP_28071"/>
        </identifiers>
        <balance>96693.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-2845.42000000</valUSD>
        <pctVal>-0.00086306677</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>CITIGROUP</counterpartyName>
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            <amtCurSold>96693.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>100784.72000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2023-01-19</settlementDt>
            <unrealizedAppr>-2845.42000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Exportation et developpement Canada</name>
        <lei>Z6MHCSLXHKYG4B6PHW02</lei>
        <title>EXPORT DEVELOPMENT CANADA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1795387338"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.82734000"/>
        <valUSD>1181545.68000000</valUSD>
        <pctVal>0.358383934432</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000342510"/>
        </identifiers>
        <balance>3300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>3392114.05000000</valUSD>
        <pctVal>1.028888852847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230119_HSBC_27580"/>
        </identifiers>
        <balance>10796292.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-93347.17000000</valUSD>
        <pctVal>-0.02831386599</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>HSBC</counterpartyName>
              <counterpartyLei>CYYGQCGNHMHPSMRL3R97</counterpartyLei>
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            <amtCurSold>10796292.00000000</amtCurSold>
            <curSold>CAD</curSold>
            <amtCurPur>7882395.16000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2023-01-19</settlementDt>
            <unrealizedAppr>-93347.17000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK</title>
        <cusip>298785GJ9</cusip>
        <identifiers>
          <isin value="US298785GJ95"/>
        </identifiers>
        <balance>541000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532252.03000000</valUSD>
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        <name>Corporacion Interamericana de Inversiones</name>
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        <name>Kommuninvest i Sverige Aktiebolag</name>
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        <name>United States of America</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>QUEENSLAND TREASURY CORPORATION</name>
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          <isin value="AU000XQLQAA7"/>
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          <annualizedRt>3.25000000</annualizedRt>
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        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP</title>
        <cusip>961214EH2</cusip>
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          <isin value="US961214EH28"/>
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        <curCd>USD</curCd>
        <valUSD>1794850.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SWEDEN TREASURY BILL</name>
        <lei>N/A</lei>
        <title>SWEDEN TREASURY BILL</title>
        <cusip>ZN7082755</cusip>
        <identifiers>
          <isin value="SE0019175639"/>
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        <balance>7000000.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="10.42910000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-21</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>OMERS Finance Trust</name>
        <lei>529900M039WCPES03P17</lei>
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        <identifiers>
          <isin value="XS2166312939"/>
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        <balance>1300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-13</maturityDt>
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          <annualizedRt>0.45000000</annualizedRt>
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      <invstOrSec>
        <name>Oesterreichische Kontrollbank Aktiengesellschaft</name>
        <lei>5299000OVRLMF858L016</lei>
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        <cusip>676167CD9</cusip>
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          <isin value="US676167CD90"/>
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        <curCd>USD</curCd>
        <valUSD>2240206.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
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        <cusip>961214ER0</cusip>
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          <isin value="US961214ER00"/>
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        <balance>3423000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3025805.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.15000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
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          <isin value="AU3CB0228823"/>
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        <balance>800000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.46908000"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.90000000</annualizedRt>
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      <invstOrSec>
        <name>Nordea Bank Abp</name>
        <lei>529900ODI3047E2LIV03</lei>
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          <isin value="US65559CAB72"/>
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        <balance>1690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1510949.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-28</maturityDt>
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          <annualizedRt>0.75000000</annualizedRt>
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        <name>U S DOLLAR</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="USD_20230105_BOAMERRILLLYNCH_28019"/>
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        <name>Shell International Finance B.V.</name>
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          <isin value="XS2154418144"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>NETWORK RAIL INFRASTRUCTURE FINANCE PLC</name>
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          <isin value="XS0210467873"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Oesterreichische Kontrollbank Aktiengesellschaft</name>
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          <isin value="XS1957513580"/>
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        <name>BRITISH POUND</name>
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        <name>European Investment Bank</name>
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        <invCountry>LU</invCountry>

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      <invstOrSec>
        <name>CPPIB CAPITAL INC.</name>
        <lei>549300KW9NB55HTDK075</lei>
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          <isin value="XS2191239149"/>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK</title>
        <cusip>045167FK4</cusip>
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          <isin value="US045167FK47"/>
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        <curCd>USD</curCd>
        <valUSD>3397622.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Landeskreditbank Baden-Wuerttemberg -Foerderbank-</name>
        <lei>0SK1ILSPWNVBNQWU0W18</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2031976678"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2024-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>BRITISH POUND</name>
        <lei>N/A</lei>
        <title>BRITISH POUND</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="GBP_20230120_BOAMERRILLLYNCH_27776"/>
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        <balance>-134722.00000000</balance>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BOA MERRILL LYNCH</counterpartyName>
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      <invstOrSec>
        <name>NORWEGIAN KRONE</name>
        <lei>N/A</lei>
        <title>NORWEGIAN KRONE</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="NOK_20230105_HSBC_27664"/>
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        <balance>-5093693.00000000</balance>
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        <assetCat>DFE</assetCat>
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        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>HSBC</counterpartyName>
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      <invstOrSec>
        <name>Asian Infrastructure Investment Bank</name>
        <lei>25490065OSV2524LCR32</lei>
        <title>ASIAN INFRASTRUCTURE INV</title>
        <cusip>04522KAA4</cusip>
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          <isin value="US04522KAA43"/>
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        <balance>844000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Konungariket Sverige</name>
        <lei>ERE94C0BSULG2RM19605</lei>
        <title>SWEDISH GOVERNMENT</title>
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          <isin value="SE0004869071"/>
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        <balance>18000000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>SE</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="USD_20230118_BOAMERRILLLYNCH_27537"/>
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        <balance>6553430.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-77273.49000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BOA MERRILL LYNCH</counterpartyName>
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      <invstOrSec>
        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK</title>
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          <isin value="XS1785310340"/>
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        <balance>4600000.00000000</balance>
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        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF AUSTRIA GOVERNMENT BOND</name>
        <lei>N/A</lei>
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        <cusip>EJ6199701</cusip>
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          <isin value="AT0000A105W3"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Republique Francaise</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRENCH REPUBLIC GOVERNMENT BOND OAT</title>
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          <isin value="FR0011962398"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>INTER AMERICAN DEVELOPMENT BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>INTER AMERICAN DEVEL BK</title>
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          <isin value="AU3CB0229227"/>
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        <name>ROCHE HOLDINGS, INC.</name>
        <lei>PVJRP0EQNV6OGDPZGY95</lei>
        <title>ROCHE HOLDINGS INC</title>
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        <name>Abbott Ireland Financing Designated Activity Company</name>
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        <title>ABBOTT IRELAND FINANCING</title>
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        <name>BANQUE DE MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>BANK OF MONTREAL</title>
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        <issuerCat>RF</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CPPIB CAPITAL INC</name>
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        <title>CPPIB CAPITAL INC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Aktiebolaget Svensk Exportkredit</name>
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        <name>European Financial Stability Facility SA</name>
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        <name>Kommuninvest i Sverige Aktiebolag</name>
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        <name>European Stability Mechanism</name>
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        <name>CAISSE AMORTISSEMENT DE LA DETTE SOCIALE</name>
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          <isin value="XS1046806821"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
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          <isin value="XS1489409679"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>LA BANQUE TORONTO-DOMINION</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK THE</title>
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          <isin value="CA89117FFK09"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="USD_20230103_HSBC_27719"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>HSBC</counterpartyName>
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      <invstOrSec>
        <name>AUSTRALIAN DOLLAR</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal" value="AUD_20230117_BOAMERRILLLYNCH_28206"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>BOA MERRILL LYNCH</counterpartyName>
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        <name>INTERNATIONAL FINANCE CORPORATION</name>
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          <isin value="AU3CB0235166"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>National Australia Bank Ltd (New York Branch)</name>
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          <isin value="US63254AAP30"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
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          <isin value="XS1280834992"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>DEXIA CREDIT LOCAL SA</name>
        <lei>F4G136OIPBYND1F41110</lei>
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          <isin value="XS2364418223"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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        <name>United States of America</name>
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          <isin value="US91282CDV00"/>
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        <balance>5500000.00000000</balance>
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        <valUSD>5275703.13000000</valUSD>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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        <name>KfW</name>
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          <isin value="DE000A3E5XK7"/>
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          <couponKind>None</couponKind>
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        <name>BRITISH POUND</name>
        <lei>N/A</lei>
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        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>European Investment Bank</name>
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        <lei>N/A</lei>
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        <name>Aktiebolaget Svensk Exportkredit</name>
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        <name>AGENCE FRANCAISE DE DEVELOPPEMENT EPIC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UNEDIC</name>
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        <name>Kommuninvest i Sverige Aktiebolag</name>
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        <name>AGENCE FRANCAISE DE DEVELOPPEMENT EPIC</name>
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        <name>EUROCLEAR BANK SA</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FMS Wertmanagement</name>
        <lei>HZFDOR6TCRSIQLKQTX32</lei>
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        <name>EQUINOR ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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        <name>WESTPAC BANKING CORP</name>
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        <name>NATIONAL AUSTRALIA BANK LIMITED</name>
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        <name>AMAZON.COM, INC.</name>
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        <invCountry>CA</invCountry>

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        <name>European Investment Bank</name>
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        <name>Province of Ontario, Canada</name>
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        <name>Svenska Handelsbanken AB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ROCHE HOLDINGS, INC.</name>
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        <name>Landeskreditbank Baden-Wuerttemberg -Foerderbank-</name>
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          <isin value="DE000A254PS3"/>
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        <name>Erste Abwicklungsanstalt</name>
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        <name>THE PROCTER &amp; GAMBLE COMPANY</name>
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        <name>International Development Association</name>
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        <name>NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY LIMITED</name>
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        <name>Province of Alberta</name>
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        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
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        <name>Nederlandse Waterschapsbank N.V.</name>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>ASIAN DEVELOPMENT BANK</name>
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          <isin value="XS2521786272"/>
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        <name>U S DOLLAR</name>
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        <name>KfW</name>
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          <isin value="DE000A2DAJ57"/>
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        <name>Kommuninvest i Sverige Aktiebolag</name>
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        <name>United States of America</name>
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        <name>KfW</name>
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        <name>AGENCE FRANCAISE DE DEVELOPPEMENT EPIC</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP</title>
        <cusip>N/A</cusip>
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          <isin value="XS1856797300"/>
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        <balance>600000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Banque de Developpement du Conseil de l Europe</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>COUNCIL OF EUROPE</title>
        <cusip>N/A</cusip>
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          <isin value="XS1825405878"/>
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        <balance>73000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>EUROPEAN STABILITY MECHANISM</name>
        <lei>N/A</lei>
        <title>EUROPEAN STABILITY MECHANISM</title>
        <cusip>JK7747138</cusip>
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          <isin value="EU000A1U9951"/>
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        <balance>366000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF BELGIUM GOVERNMENT BOND</name>
        <lei>N/A</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
        <cusip>EK0233982</cusip>
        <identifiers>
          <isin value="BE0000332412"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>639802.21000000</valUSD>
        <pctVal>0.194063451933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ireland</name>
        <lei>549300KXBEJAOJ9OVF93</lei>
        <title>IRELAND GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00B4TV0D44"/>
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        <balance>3400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>3825327.51000000</valUSD>
        <pctVal>1.160290242460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nederlandse Waterschapsbank N.V.</name>
        <lei>JLP5FSPH9WPSHY3NIM24</lei>
        <title>NEDERLANDSE WATERSCHAPSBANK NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2436690734"/>
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        <balance>1150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1100130.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AUSTRALIAN DOLLAR</name>
        <lei>N/A</lei>
        <title>AUSTRALIAN DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="AUD_20230117_ANZBANKINGGROUPLTD_27691"/>
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        <balance>-83891.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <currencyConditional curCd="AUD" exchangeRt="1.00000000"/>
        <valUSD>2519.74000000</valUSD>
        <pctVal>0.000764282202</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>ANZ BANKING GROUP LTD</counterpartyName>
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            <amtCurSold>54627.05000000</amtCurSold>
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            <settlementDt>2023-01-17</settlementDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230119_STATESTREET_28329"/>
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        <balance>383493.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-6301.19000000</valUSD>
        <pctVal>-0.00191126361</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>STATE STREET</counterpartyName>
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            <amtCurSold>383493.00000000</amtCurSold>
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            <amtCurPur>404705.11000000</amtCurPur>
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            <unrealizedAppr>-6301.19000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230117_BOAMERRILLLYNCH_27986"/>
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        <balance>7920307.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-420.32000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BOA MERRILL LYNCH</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230103_STATESTREET_27851"/>
        </identifiers>
        <balance>1570543.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-98246.99000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>STATE STREET</counterpartyName>
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            <amtCurSold>1570543.00000000</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230119_STATESTREET_28103"/>
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        <balance>383798.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-12218.96000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>STATE STREET</counterpartyName>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
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          <other otherDesc="Internal" value="USD_20230119_STATESTREET_28061"/>
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        <balance>346271.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-12845.29000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>STATE STREET</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP</title>
        <cusip>961214CX9</cusip>
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          <isin value="US961214CX95"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>937865.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Landwirtschaftliche Rentenbank</name>
        <lei>529900Z3J0N6S0F7CT25</lei>
        <title>LANDWIRTSCHAFTLICHE RENTENBANK</title>
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          <isin value="AU3CB0220598"/>
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        <balance>1100000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.46908000"/>
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        <pctVal>0.230873455058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Oesterreichische Kontrollbank Aktiengesellschaft</name>
        <lei>5299000OVRLMF858L016</lei>
        <title>OESTERREICHISCHE KONTROLLBANK AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2152924952"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>2660705.11000000</valUSD>
        <pctVal>0.807039441492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
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        <name>BNP PARIBAS SA</name>
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        <name>European Financial Stability Facility SA</name>
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        <name>U S DOLLAR</name>
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        <name>European Union</name>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <name>Eurofima Europaeische Gesellschaft fuer die Finanzierung von Eisenbahnmaterial</name>
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      </invstOrSec>
      <invstOrSec>
        <name>CAISSE AMORTISSEMENT DE LA DETTE SOCIALE</name>
        <lei>969500P04DQJS4BPM574</lei>
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        <cusip>N/A</cusip>
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          <isin value="FR0012159812"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Province of Manitoba</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
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          <isin value="BE0000334434"/>
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        <name>Exportation et developpement Canada</name>
        <lei>Z6MHCSLXHKYG4B6PHW02</lei>
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          <isin value="US30216BHH87"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Valtioneuvosto</name>
        <lei>743700M6Y2OQRVSBRD14</lei>
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          <isin value="FI4000391529"/>
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        <fairValLevel>2</fairValLevel>
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        <name>KommuneKredit</name>
        <lei>529900D8QLTZ6PRLJL76</lei>
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          <isin value="XS2480504542"/>
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        <name>Koninkrijk der Nederlanden</name>
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          <isin value="NL0012650469"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
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          <isin value="US961214EU39"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.01900000</annualizedRt>
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      <invstOrSec>
        <name>Kommuninvest i Sverige Aktiebolag</name>
        <lei>EV2XZWMLLXF2QRX0CD47</lei>
        <title>KOMMUNINVEST I SVERIGE AB</title>
        <cusip>50046PBW4</cusip>
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        <curCd>USD</curCd>
        <valUSD>955062.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>SE</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.37500000</annualizedRt>
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        <name>MERCK &amp; CO., INC.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>MERCK CO INC</title>
        <cusip>58933YAY1</cusip>
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          <isin value="US58933YAY14"/>
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        <balance>462000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>409952.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <name>KommuneKredit</name>
        <lei>529900D8QLTZ6PRLJL76</lei>
        <title>KOMMUNEKREDIT</title>
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        <identifiers>
          <isin value="XS2342994170"/>
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        <balance>150000.00000000</balance>
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        <invCountry>DK</invCountry>

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          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</annualizedRt>
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        <name>Erste Abwicklungsanstalt</name>
        <lei>7TG4VWERK338227TR435</lei>
        <title>ERSTE ABWICKLUNGSANSTALT</title>
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        <identifiers>
          <isin value="XS2307846555"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1708830.00000000</valUSD>
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        <invCountry>DE</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.25000000</annualizedRt>
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        <name>EUROPEAN FINANCIAL STABILITY FACILITY</name>
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        <cusip>AO2172705</cusip>
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          <isin value="EU000A1G0DV6"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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        <name>U S DOLLAR</name>
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        <name>NORWEGIAN KRONE</name>
        <lei>N/A</lei>
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              <counterpartyName>HSBC</counterpartyName>
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      <invstOrSec>
        <name>DEXIA CREDIT LOCAL SA</name>
        <lei>F4G136OIPBYND1F41110</lei>
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          <isin value="XS1793297604"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNEDIC</name>
        <lei>969500V3L9W19NIA5E82</lei>
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        <cusip>N/A</cusip>
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          <isin value="FR0124665995"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-11-25</maturityDt>
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          <annualizedRt>0.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aktiebolaget Svensk Exportkredit</name>
        <lei>1FOLRR5RWTWWI397R131</lei>
        <title>SWEDISH EXPORT CREDIT</title>
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        <identifiers>
          <isin value="US87031CAD56"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1927314.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-10</maturityDt>
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          <annualizedRt>0.50000000</annualizedRt>
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      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
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          <isin value="XS1171476143"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
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          <other otherDesc="Internal" value="USD_20230120_HSBC_27626"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNG BANK N.V.</name>
        <lei>529900GGYMNGRQTDOO93</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2468318154"/>
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        <balance>600000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Republique Francaise</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRENCH REPUBLIC GOVERNMENT BOND OAT</title>
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        <identifiers>
          <isin value="FR0014007TY9"/>
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        <balance>3200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-25</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Novo Nordisk Finance (Netherlands) B.V.</name>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2441244535"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>100961.13000000</valUSD>
        <pctVal>0.030623316226</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRITISH POUND</name>
        <lei>N/A</lei>
        <title>BRITISH POUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="GBP_20230120_HSBC_27921"/>
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        <balance>-477597.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <currencyConditional curCd="GBP" exchangeRt="1.00000000"/>
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        <pctVal>0.005231226467</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>HSBC</counterpartyName>
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      <invstOrSec>
        <name>EXXON MOBIL CORPORATION</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>EXXON MOBIL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2196322155"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>204150.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.14200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kommuninvest i Sverige Aktiebolag</name>
        <lei>EV2XZWMLLXF2QRX0CD47</lei>
        <title>KOMMUNINVEST I SVERIGE AB</title>
        <cusip>50046PBY0</cusip>
        <identifiers>
          <isin value="US50046PBY07"/>
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        <balance>1486000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1444161.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>SE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHEVRON CORPORATION</name>
        <lei>N/A</lei>
        <title>CHEVRON CORP</title>
        <cusip>166764BW9</cusip>
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          <isin value="US166764BW97"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>93231.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.55400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>AMAZON.COM, INC.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON COM INC</title>
        <cusip>023135BW5</cusip>
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          <isin value="US023135BW50"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1415116.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANQUE ROYALE DU CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA</title>
        <cusip>780086NK6</cusip>
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          <isin value="CA780086NK64"/>
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        <balance>1350000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35380000"/>
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        <pctVal>0.295086311952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.33300000</annualizedRt>
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        <name>Nordiska Investeringsbanken, Pohjoismaiden Investointipankki NIB, Nordic Investment Bank</name>
        <lei>213800HYL1S7VAXG6Z48</lei>
        <title>NORDIC INVESTMENT BANK</title>
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          <isin value="AU3CB0231736"/>
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        <balance>600000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>BNG BANK N.V.</name>
        <lei>529900GGYMNGRQTDOO93</lei>
        <title>BNG BANK NV</title>
        <cusip>05591F2N9</cusip>
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          <isin value="US05591F2N95"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>882630.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NOVARTIS CAPITAL CORPORATION</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>NOVARTIS CAPITAL CORP</title>
        <cusip>66989HAG3</cusip>
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          <isin value="US66989HAG39"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>391902.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Union</name>
        <lei>529900FZRK8FGMPEOM08</lei>
        <title>EUROPEAN UNION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A3K4DJ5"/>
        </identifiers>
        <balance>4920000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>4993985.36000000</valUSD>
        <pctVal>1.514765067579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.80000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>N/A</lei>
        <title>NATIONAL AUSTRALIA BANK LTD</title>
        <cusip>BW8162420</cusip>
        <identifiers>
          <isin value="AU3CB0289817"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.46908000"/>
        <valUSD>1336360.17000000</valUSD>
        <pctVal>0.405341937810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Treasury Corporation Of Victoria</name>
        <lei>549300ZJM7BQW1P9UV75</lei>
        <title>TREASURY CORP VICTORIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002421"/>
        </identifiers>
        <balance>7700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.46908000"/>
        <valUSD>4749105.56000000</valUSD>
        <pctVal>1.440488645032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY LIMITED</name>
        <lei>254900ZJG39H1CAH6K02</lei>
        <title>NEW ZEALAND LOCAL GOVERNMENT FUNDING AGENCY BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZLGFDT008C2"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NZD" exchangeRt="1.57555000"/>
        <valUSD>298917.46000000</valUSD>
        <pctVal>0.090667011185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230118_UBSWARBURG_27968"/>
        </identifiers>
        <balance>829383.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-27294.83000000</valUSD>
        <pctVal>-0.00827901005</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS WARBURG</counterpartyName>
              <counterpartyLei>54930046C4LIH72FNN96</counterpartyLei>
            </counterparties>
            <amtCurSold>829383.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>861528.23000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2023-01-18</settlementDt>
            <unrealizedAppr>-27294.83000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kommuninvest i Sverige Aktiebolag</name>
        <lei>EV2XZWMLLXF2QRX0CD47</lei>
        <title>KOMMUNINVEST I SVERIGE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2496002614"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1180890.00000000</valUSD>
        <pctVal>0.358185054962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cooperatieve Rabobank UA (New York Branch)</name>
        <lei>N/A</lei>
        <title>COOPERAT RABOBANK UA NY</title>
        <cusip>21688AAS1</cusip>
        <identifiers>
          <isin value="US21688AAS15"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18682.54000000</valUSD>
        <pctVal>0.005666748483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AFRICAN DEVELOPMENT BANK</name>
        <lei>N/A</lei>
        <title>AFRICAN DEVELOPMENT BANK</title>
        <cusip>BH5574802</cusip>
        <identifiers>
          <isin value="XS2155367266"/>
        </identifiers>
        <balance>23000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SEK" exchangeRt="10.42910000"/>
        <valUSD>2189511.08000000</valUSD>
        <pctVal>0.664117865788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.24250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LIMITED</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>NATIONAL AUSTRALIA BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1998797663"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>205920.88000000</valUSD>
        <pctVal>0.062459485405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>International Bank for Reconstruction and Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>INTERNATIONAL BANK FOR RECONSTRUCTION</title>
        <cusip>459058GQ0</cusip>
        <identifiers>
          <isin value="US459058GQ03"/>
        </identifiers>
        <balance>3714000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3615278.17000000</valUSD>
        <pctVal>1.096578521307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>EUROPEAN INVESTMENT BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1686550960"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>208545.25000000</valUSD>
        <pctVal>0.063255503758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRENCH REPUBLIC GOVERNMENT BOND OAT</name>
        <lei>N/A</lei>
        <title>FRENCH REPUBLIC GOVERNMENT BOND OAT</title>
        <cusip>AT1229158</cusip>
        <identifiers>
          <isin value="FR0013344751"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>619766.25000000</valUSD>
        <pctVal>0.187986186960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-25</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OF HESSE</name>
        <lei>N/A</lei>
        <title>STATE OF HESSE</title>
        <cusip>BG4908599</cusip>
        <identifiers>
          <isin value="DE000A1RQDR4"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>200049.23000000</valUSD>
        <pctVal>0.060678508957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-10</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koninkrijk der Nederlanden</name>
        <lei>254900G14ALGVKORFN62</lei>
        <title>NETHERLANDS GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0010733424"/>
        </identifiers>
        <balance>2100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>2220652.45000000</valUSD>
        <pctVal>0.673563600213</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE NATIONALE SNCF SA</name>
        <lei>969500A4MXJ3ESPHK698</lei>
        <title>SOCIETE NATIONALE SNCF</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0410937659"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>868242.14000000</valUSD>
        <pctVal>0.263353367914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>European Stability Mechanism</name>
        <lei>222100W4EEAQ77386N50</lei>
        <title>EUROPEAN STABILITY MECHANISM</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A1Z99J2"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>902485.23000000</valUSD>
        <pctVal>0.273739909483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-14</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORWEGIAN KRONE</name>
        <lei>N/A</lei>
        <title>NORWEGIAN KRONE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="NOK_20230105_HSBC_27539"/>
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        <name>Kommuninvest i Sverige Aktiebolag</name>
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        <name>Dreyfus Treasury Securities Cash Management; Institutional Shares</name>
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        <name>INTER AMERICAN DEVELOPMENT BANK</name>
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      <invstOrSec>
        <name>SOCIETE NATIONALE SNCF SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Land Nordrhein-Westfalen</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>U S DOLLAR</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRITISH POUND</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="GBP_20230120_BOAMERRILLLYNCH_27946"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Nederlandse Waterschapsbank N.V.</name>
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          <isin value="XS0706261368"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LA BANQUE TORONTO-DOMINION</name>
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        <title>TORONTO DOMINION BANK THE</title>
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          <isin value="XS1857683335"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</annualizedRt>
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        <securityLending>
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        <name>KOMMUNALBANKEN AS</name>
        <lei>I7ETN0QQO2AHZZGHJ389</lei>
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          <isin value="AU3CB0276426"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.46908000"/>
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        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.60000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>INTER AMERICAN DEVELOPMENT BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
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          <isin value="XS1835964625"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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        <name>NEW ZEALAND GOVERNMENT BOND</name>
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        <issuerCat>CORP</issuerCat>
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        <name>Skandinaviska Enskilda Banken AB</name>
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          <isin value="US83051GAT58"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>KfW</name>
        <lei>549300GDPG70E3MBBU98</lei>
        <title>KREDITANSTALT FUER WIEDERAUFBAU</title>
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          <isin value="XS2100726244"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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        <name>Bpifrance SA</name>
        <lei>969500STN7T9MRUMJ267</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.50000000</annualizedRt>
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        <name>APPLE INC.</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.51300000</annualizedRt>
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        <name>Province of Ontario, Canada</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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        <name>Kuntarahoitus Oyj</name>
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        <name>Svenska Handelsbanken AB</name>
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        <name>Landeskreditbank Baden-Wuerttemberg -Foerderbank-</name>
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        <name>Exportation et developpement Canada</name>
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        <name>PSP Capital Inc.</name>
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        <name>REPUBLIC OF AUSTRIA</name>
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        <name>KOMMUNALBANKEN AS</name>
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        <name>European Financial Stability Facility SA</name>
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        <invCountry>LU</invCountry>

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        <name>U S DOLLAR</name>
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        <name>Konungariket Sverige</name>
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        <name>Ontario Teachers' Finance Trust</name>
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        <name>INTER AMERICAN DEVELOPMENT BANK</name>
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        <name>BNG BANK N.V.</name>
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        <name>KOMMUNALBANKEN AS</name>
        <lei>I7ETN0QQO2AHZZGHJ389</lei>
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        <name>KOMMUNALBANKEN AS</name>
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        <name>FMS Wertmanagement</name>
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        <name>INTER AMERICAN DEVELOPMENT BANK</name>
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        <name>AUSTRALIAN DOLLAR</name>
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          <other otherDesc="Internal" value="AUD_20230117_CITIGROUP_28351"/>
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        <name>DENMARK GOVERNMENT BOND</name>
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        <name>Kuntarahoitus Oyj</name>
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          <isin value="XS1935275237"/>
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        <name>AGENCE FRANCAISE DE DEVELOPPEMENT EPIC</name>
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          <isin value="FR0013483526"/>
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        <name>Province of Ontario, Canada</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NATIONAL AUSTRALIA BANK LIMITED</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
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        <name>European Investment Bank</name>
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        <invCountry>LU</invCountry>

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        <name>SOCIETE NATIONALE SNCF SA</name>
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        <name>U S DOLLAR</name>
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        <name>Aktiebolaget Svensk Exportkredit</name>
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        <title>SWEDISH EXPORT CREDIT</title>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <name>New South Wales Treasury Corporation</name>
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        <name>Bpifrance SA</name>
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        <name>KommuneKredit</name>
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        <title>KOMMUNEKREDIT</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Nordiska Investeringsbanken, Pohjoismaiden Investointipankki NIB, Nordic Investment Bank</name>
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          <isin value="XS1185971923"/>
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        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRITISH POUND</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="GBP_20230120_STATESTREET_27850"/>
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        <currencyConditional curCd="GBP" exchangeRt="1.00000000"/>
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        <assetCat>DFE</assetCat>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>STATE STREET</counterpartyName>
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      <invstOrSec>
        <name>Kuntarahoitus Oyj</name>
        <lei>529900HEKOENJHPNN480</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2404205119"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.82734000"/>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LA BANQUE TORONTO-DOMINION</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK THE</title>
        <cusip>891160LV3</cusip>
        <identifiers>
          <isin value="CA891160LV34"/>
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        <balance>2500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35380000"/>
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        <pctVal>0.550617851757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Banque de Developpement du Conseil de l Europe</name>
        <lei>549300UYNXMI821WYG82</lei>
        <title>COUNCIL OF EUROPE DEVELOPMENT BANK</title>
        <cusip>N/A</cusip>
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          <isin value="XS1799045197"/>
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        <balance>438000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BRITISH POUND</name>
        <lei>N/A</lei>
        <title>BRITISH POUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="GBP_20230120_HSBC_27903"/>
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        <balance>-411903.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="1.00000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>HSBC</counterpartyName>
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            <amtCurSold>468953.01000000</amtCurSold>
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            <settlementDt>2023-01-20</settlementDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRELAND GOVERNMENT BOND</name>
        <lei>N/A</lei>
        <title>IRELAND GOVERNMENT BOND</title>
        <cusip>EK0113978</cusip>
        <identifiers>
          <isin value="IE00B6X95T99"/>
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        <balance>4950000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
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        <pctVal>1.617253865960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NRW.BANK</name>
        <lei>52990002O5KK6XOGJ020</lei>
        <title>NRW BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1904300909"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.82734000"/>
        <valUSD>354003.19000000</valUSD>
        <pctVal>0.107375498198</pctVal>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230111_HSBC_28287"/>
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        <balance>29805153.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>19712.29000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>HSBC</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Aktiebolaget Svensk Exportkredit</name>
        <lei>1FOLRR5RWTWWI397R131</lei>
        <title>SWEDISH EXPORT CREDIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1934544534"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.82734000"/>
        <valUSD>117962.39000000</valUSD>
        <pctVal>0.035780102419</pctVal>
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        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="USD_20230119_CITIGROUP_28034"/>
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        <name>U S DOLLAR</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>BOA MERRILL LYNCH</counterpartyName>
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      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
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          <other otherDesc="Internal" value="USD_20230123_BOAMERRILLLYNCH_28068"/>
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        <balance>19260304.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-36255.81000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>International Bank for Reconstruction and Development</name>
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        <balance>1100000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>BRITISH POUND</name>
        <lei>N/A</lei>
        <title>BRITISH POUND</title>
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        <balance>-555305.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="1.00000000"/>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>STATE STREET</counterpartyName>
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            <curSold>USD</curSold>
            <amtCurPur>555305.00000000</amtCurPur>
            <curPur>GBP</curPur>
            <settlementDt>2023-01-20</settlementDt>
            <unrealizedAppr>-7252.75000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Province of Alberta</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>PROVINCE OF ALBERTA CANADA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2156776309"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>1005512.03000000</valUSD>
        <pctVal>0.304989780361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230125_STATESTREET_27507"/>
        </identifiers>
        <balance>500235.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-43015.18000000</valUSD>
        <pctVal>-0.01304727333</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>STATE STREET</counterpartyName>
              <counterpartyLei>549300ZFEEJ2IP5VME73</counterpartyLei>
            </counterparties>
            <amtCurSold>500235.00000000</amtCurSold>
            <curSold>GBP</curSold>
            <amtCurPur>562041.99000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2023-01-25</settlementDt>
            <unrealizedAppr>-43015.18000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Statsministeriet, Departementet</name>
        <lei>549300PTO6LS1PTM6607</lei>
        <title>KINGDOM OF DENMARK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0009923054"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="DKK" exchangeRt="6.94560000"/>
        <valUSD>712249.48000000</valUSD>
        <pctVal>0.216038004505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANOFI SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>SANOFI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014009KS6"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.93432000"/>
        <valUSD>102182.34000000</valUSD>
        <pctVal>0.030993731058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>U S DOLLAR</name>
        <lei>N/A</lei>
        <title>U S DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="USD_20230118_BOAMERRILLLYNCH_27538"/>
        </identifiers>
        <balance>7070929.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-613255.33000000</valUSD>
        <pctVal>-0.18601130848</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BOA MERRILL LYNCH</counterpartyName>
              <counterpartyLei>EQYXK86SF381Q21S3020</counterpartyLei>
            </counterparties>
            <amtCurSold>7070929.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>6964431.62000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2023-01-18</settlementDt>
            <unrealizedAppr>-613255.33000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Allianz Variable Insurance Products Trust</ncom:nameOfApplicant>
      <ncom:signature>Bashir C. Asad</ncom:signature>
      <ncom:signerName>Bashir C. Asad</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
