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        <name>ROGERS COMMUNICATIONS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PUBLIC STORAGE OPERATING COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NTT FINANCE CORPORATION</name>
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      <invstOrSec>
        <name>COVIVIO SA</name>
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          <isin value="FR0014010IN9"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENERAL MILLS, INC.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
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          <isin value="XS2809271047"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Province of Ontario, Canada</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nordea Bank Abp</name>
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        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PROVINCE OF NOVA SCOTIA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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

        <fairValLevel>2</fairValLevel>
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        <name>JT International Financial Services B.V.</name>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>City of Montreal</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>ENEL - SPA</name>
        <lei>WOCMU6HCI0OJWNPRZS33</lei>
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        <invCountry>IT</invCountry>

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        <name>CRH SMW Finance Designated Activity Company</name>
        <lei>54930044475SH442C864</lei>
        <title>CRH SMW FINANCE DAC</title>
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        <invCountry>IE</invCountry>

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        <name>Province of Manitoba</name>
        <lei>5493003QILFOB3JRKE30</lei>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Compagnie des chemins de fer nationaux du Canada</name>
        <lei>3SU7BEP7TH9YEQOZCS77</lei>
        <title>CANADIAN NATL RY CO SR GLBL</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-10</maturityDt>
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          <annualizedRt>4.15000000</annualizedRt>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOOKING HOLDINGS INC.</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
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          <isin value="XS2555220941"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BPCE SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-11</maturityDt>
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        <name>U S DOLLARS</name>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>STATE STREET</counterpartyName>
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      <invstOrSec>
        <name>BHP BILLITON FINANCE LIMITED</name>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-04</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LSEG Netherlands B.V.</name>
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          <isin value="XS3225988826"/>
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        <balance>685000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>U S DOLLARS</name>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="BNM9T64"/>
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        <balance>1200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-11</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CADENT FINANCE PLC</name>
        <lei>5493005M8TJ0J6IMUF67</lei>
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        <cusip>N/A</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>GENERAL ELECTRIC COMPANY</name>
        <lei>3C7474T6CDKPR9K6YT90</lei>
        <title>GENERAL ELECTRIC CO</title>
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          <other otherDesc="Internal" value="B0K7RC1"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Banco Santander, S.A.</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>BANCO SANTANDER SA</title>
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          <isin value="XS2908735686"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>UNIBAIL-RODAMCO-WESTFIELD SE</name>
        <lei>969500SHQITWXSIS7N89</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
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        <title>U S DOLLARS</title>
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        <name>Naturgy Finance Iberia S.A</name>
        <lei>2138005FTXOJUBQ5J563</lei>
        <title>NATURGY FINANCE IBERIA SA</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MOTABILITY OPERATIONS GROUP PLC</name>
        <lei>AZ3NL8JCZDCNUXFWI720</lei>
        <title>MOTABILITY OPERATIONS GROUP PLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="BMT9RY4"/>
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        <balance>830000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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        <name>BERKSHIRE HATHAWAY FINANCE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Koninkrijk der Nederlanden</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SNAM S.P.A.</name>
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          <isin value="XS3096163160"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>REALTY INCOME CORPORATION</name>
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          <isin value="XS2892952917"/>
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        <name>U S DOLLARS</name>
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        <name>MCDONALD'S CORPORATION</name>
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      <invstOrSec>
        <name>NTT FINANCE CORPORATION</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE SA</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.25000000</annualizedRt>
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        <name>Canada Housing Trust No. 1</name>
        <lei>549300M44WH89JG50067</lei>
        <title>CANADA HOUSING TRUST NO 1</title>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
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        <invCountry>FR</invCountry>

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        <name>New South Wales Treasury Corporation</name>
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        <name>U S DOLLARS</name>
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        <name>GLENCORE CAPITAL FINANCE DESIGNATED ACTIVITY COMPANY</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

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        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AGENCE FRANCE LOCALE SA</name>
        <lei>969500NMI4UP00IO8G47</lei>
        <title>AGENCE FRANCE LOCALE</title>
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      <invstOrSec>
        <name>Mizuho Financial Group, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AT&amp;T INC.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-17</maturityDt>
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        <name>Telefonica Emisiones, S.A.U.</name>
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        <name>Shell International Finance B.V.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nestle Finance International Ltd. SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>JAB Holdings B.V.</name>
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        <name>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
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          <isin value="BE0000304130"/>
          <other otherDesc="Internal" value="B013L37"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

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        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>U S DOLLARS</name>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <name>NATIONAL AUSTRALIA BANK LIMITED</name>
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        <name>Province of Ontario, Canada</name>
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        <name>Philip Morris International Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PHILIP MORRIS INTERNATIONAL INC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WALMART INC</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS0202077953"/>
          <other otherDesc="Internal" value="B02ZJH2"/>
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        <balance>7132000.00000000</balance>
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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>2035-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>JAPANESE YEN</name>
        <lei>N/A</lei>
        <title>JAPANESE YEN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="JPY"/>
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        <balance>-49174.02000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetConditional assetCat="OTHER" desc="currency"/>
        <issuerConditional desc="currency" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>European Financial Stability Facility SA</name>
        <lei>222100OW6UHQXNHKN143</lei>
        <title>EUROPEAN FINANCIAL STABILITY FACILITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A2SCAK5"/>
          <other otherDesc="Internal" value="BLPNM48"/>
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        <balance>354000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2888395659"/>
          <other otherDesc="Internal" value="BQFK363"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>INTERNATIONAL FINANCE CORPORATION</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>INTERNATIONAL FINANCE CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0271914"/>
          <other otherDesc="Internal" value="BL59042"/>
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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</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>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000336454"/>
          <other otherDesc="Internal" value="BYNFFF9"/>
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        <balance>1551000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.109716511880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTERNATIONAL FINANCE CORPORATION</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>INTERNATIONAL FINANCE CORP</title>
        <cusip>N/A</cusip>
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          <isin value="AU3CB0273639"/>
          <other otherDesc="Internal" value="BMF11C0"/>
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        <balance>2876000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>27434788.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-819056.37000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BNY CAPITAL MARKETS</counterpartyName>
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            <amtCurSold>27434788.00000000</amtCurSold>
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            <amtCurPur>18397878.57000000</amtCurPur>
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            <settlementDt>2026-03-23</settlementDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOTABILITY OPERATIONS GROUP PLC</name>
        <lei>AZ3NL8JCZDCNUXFWI720</lei>
        <title>MOTABILITY OPERATIONS GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1377228959"/>
          <other otherDesc="Internal" value="BYQ71R6"/>
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        <balance>943000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1112999.31000000</valUSD>
        <pctVal>0.079388610257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>THE GOLDMAN SACHS GROUP, INC.</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2322254249"/>
          <other otherDesc="Internal" value="BNTVTN0"/>
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        <balance>366000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.026470460868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JAPANESE YEN</name>
        <lei>N/A</lei>
        <title>JAPANESE YEN</title>
        <cusip>N/A</cusip>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTJPY"/>
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        <balance>-838268925.00000000</balance>
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        <assetCat>DFE</assetCat>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CPPIB CAPITAL INC.</name>
        <lei>549300KW9NB55HTDK075</lei>
        <title>CPPIB CAPITAL INC</title>
        <cusip>12593ZAA8</cusip>
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          <isin value="CA12593ZAA80"/>
          <other otherDesc="Internal" value="BL5D914"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM GILT</title>
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          <isin value="GB00BT7J0027"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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      <invstOrSec>
        <name>NASDAQ, INC.</name>
        <lei>549300L8X1Q78ERXFD06</lei>
        <title>NASDAQ INC</title>
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          <isin value="XS2369906644"/>
          <other otherDesc="Internal" value="BMVFFJ1"/>
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        <balance>1855000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TEN YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103491HC4"/>
          <other otherDesc="Internal" value="BF13422"/>
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        <balance>1580400000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</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>PPG INDUSTRIES, INC.</name>
        <lei>549300BKPEP01R3V6C59</lei>
        <title>PPG INDUSTRIES INC</title>
        <cusip>693506BX4</cusip>
        <identifiers>
          <isin value="XS3013011203"/>
          <other otherDesc="Internal" value="BRQNFG2"/>
        </identifiers>
        <balance>4721000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>5566126.79000000</valUSD>
        <pctVal>0.397023669651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-04</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT THIRTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300041009"/>
          <other otherDesc="Internal" value="6360623"/>
        </identifiers>
        <balance>450000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>3085618.44000000</valUSD>
        <pctVal>0.220092642947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.90000000</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>Cooperatieve Rabobank U.A.</name>
        <lei>DG3RU1DBUFHT4ZF9WN62</lei>
        <title>COOPERATIEVE RABOBANK UA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0629875708"/>
          <other otherDesc="Internal" value="B503694"/>
        </identifiers>
        <balance>1467000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1959098.17000000</valUSD>
        <pctVal>0.139739602421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY</name>
        <lei>549300XQ6S1GYKGBL205</lei>
        <title>JOHNSON CONTROLS INTERNATIONAL PLC</title>
        <cusip>47837RAG5</cusip>
        <identifiers>
          <isin value="XS2626007939"/>
          <other otherDesc="Internal" value="BNTC740"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1376563.33000000</valUSD>
        <pctVal>0.098188245687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>NATIONAL GRID PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2576067081"/>
          <other otherDesc="Internal" value="BQBG4Y0"/>
        </identifiers>
        <balance>215000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>266283.66000000</valUSD>
        <pctVal>0.018993623366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.27500000</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>CPPIB CAPITAL INC.</name>
        <lei>549300KW9NB55HTDK075</lei>
        <title>CPPIB CAPITAL INC</title>
        <cusip>12593CAW1</cusip>
        <identifiers>
          <isin value="CA12593CAW16"/>
          <other otherDesc="Internal" value="12593CAW1"/>
        </identifiers>
        <balance>10800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>8631306.72000000</valUSD>
        <pctVal>0.615658463622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>FEDERATION DES CAISSES DESJARDINS DU QUEBEC</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>FEDERATION DES CAISSES DESJARDINS DU QUEBEC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3191348831"/>
          <other otherDesc="Internal" value="BSSBBY1"/>
        </identifiers>
        <balance>2679000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3185600.47000000</valUSD>
        <pctVal>0.227224214675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-28</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>Telefonica Emisiones, S.A.U.</name>
        <lei>549300Y5MFC4SW5Z3K71</lei>
        <title>TELEFONICA EMISIONES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2753311393"/>
          <other otherDesc="Internal" value="BPJM8Y1"/>
        </identifiers>
        <balance>1800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2137818.32000000</valUSD>
        <pctVal>0.152487448898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05500000</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>DUKE ENERGY CORPORATION</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>DUKE ENERGY CORP</title>
        <cusip>26441CCD5</cusip>
        <identifiers>
          <isin value="XS2800020112"/>
          <other otherDesc="Internal" value="BMDLQD8"/>
        </identifiers>
        <balance>337000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>408552.32000000</valUSD>
        <pctVal>0.029141438463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Koninklijke KPN N.V.</name>
        <lei>549300YO0JZHAL7FVP81</lei>
        <title>KONINKLIJKE KPN NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2764455619"/>
          <other otherDesc="Internal" value="BRC0CX3"/>
        </identifiers>
        <balance>1400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1683344.60000000</valUSD>
        <pctVal>0.120070504247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013448859"/>
          <other otherDesc="Internal" value="BJSFMR0"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>552585.55000000</valUSD>
        <pctVal>0.039415117753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-24</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>CAPITAL ONE FINANCIAL CORPORATION</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>CAPITAL ONE FINANCIAL CORP</title>
        <cusip>14040HCC7</cusip>
        <identifiers>
          <isin value="XS2010331440"/>
          <other otherDesc="Internal" value="BK1M275"/>
        </identifiers>
        <balance>1335000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1513149.69000000</valUSD>
        <pctVal>0.107930750649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.65000000</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>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>MIZUHO FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2465984529"/>
          <other otherDesc="Internal" value="BN2QT98"/>
        </identifiers>
        <balance>473000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>525739.11000000</valUSD>
        <pctVal>0.037500200517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.09600000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>805572.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-13963.71000000</valUSD>
        <pctVal>-0.00099601097</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>
              <counterpartyLei>6SHGI4ZSSLCXXQSBB395</counterpartyLei>
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            <amtCurSold>805572.00000000</amtCurSold>
            <curSold>CAD</curSold>
            <amtCurPur>581767.08000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-10</settlementDt>
            <unrealizedAppr>-13963.71000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>B.A.T. INTERNATIONAL FINANCE P.L.C.</name>
        <lei>21380041YBGOQDFAC823</lei>
        <title>BAT INTERNATIONAL FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2801975991"/>
          <other otherDesc="Internal" value="BKVFK47"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>122950.53000000</valUSD>
        <pctVal>0.008769881184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>NATWEST MARKETS PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NATWEST MARKETS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2975316899"/>
          <other otherDesc="Internal" value="BSHT8X4"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>120122.18000000</valUSD>
        <pctVal>0.008568139122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>FISERV, INC.</name>
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        <name>SANOFI SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>U S DOLLARS</name>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <title>TORONTO DOMINION BANK THE</title>
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          <isin value="XS3187612216"/>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Mizuho Financial Group, Inc.</name>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SOUTHERN GAS NETWORKS PLC</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AT&amp;T INC.</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL GRID NORTH AMERICA INC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WALMART INC</name>
        <lei>N/A</lei>
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        <name>BELFIUS BANQUE SA</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CPPIB CAPITAL INC.</name>
        <lei>549300KW9NB55HTDK075</lei>
        <title>CPPIB CAPITAL INC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Province de Quebec</name>
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        <name>CPPIB CAPITAL INC.</name>
        <lei>549300KW9NB55HTDK075</lei>
        <title>CPPIB CAPITAL INC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

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        <name>JT International Financial Services B.V.</name>
        <lei>549300U2F0PG10VZUN93</lei>
        <title>JT INTERNATIONAL FINANCIAL SERVICES BV</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>TRANSCANADA PIPELINES LIMITED</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TRANSCANADA PIPELINES LTD</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Province of Alberta</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-16</maturityDt>
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        <name>JCDECAUX SE</name>
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      <invstOrSec>
        <name>THE DOW CHEMICAL COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Telefonica Europe B.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Medtronic Global Holdings S.C.A.</name>
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          <isin value="XS2020670936"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
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        <title>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</title>
        <cusip>N/A</cusip>
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          <isin value="FR001400HMF8"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EURO</name>
        <lei>N/A</lei>
        <title>EURO</title>
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        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>RBC DOMINION SECURITIES</counterpartyName>
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      <invstOrSec>
        <name>Province of Manitoba</name>
        <lei>5493003QILFOB3JRKE30</lei>
        <title>PROVINCE OF MANITOBA CANADA</title>
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          <isin value="CA563469FL45"/>
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        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>EQUINIX, INC.</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>EQUINIX INC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nationwide Building Society</name>
        <lei>549300XFX12G42QIKN82</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <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="FR001400X8V5"/>
          <other otherDesc="Internal" value="BPH26L6"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SNAM S.P.A.</name>
        <lei>8156002278562044AF79</lei>
        <title>SNAM SPA</title>
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        <invCountry>IT</invCountry>

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        <name>CREDIT AGRICOLE S.A. LONDON BRANCH</name>
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        <invCountry>GB</invCountry>

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        <name>NTT FINANCE CORPORATION</name>
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        <invCountry>JP</invCountry>

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        <name>AMERICAN HONDA FINANCE CORPORATION</name>
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        <name>INTER AMERICAN DEVELOPMENT BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>INTER AMERICAN DEVELOPMENT BANK</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Province of British Columbia</name>
        <lei>54930058TO7MEKUHWL16</lei>
        <title>PROVINCE OF BRITISH COLUMBIA CANADA</title>
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        <balance>2000000.00000000</balance>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDEX CORPORATION</name>
        <lei>549300E707U7WNPZN687</lei>
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          <isin value="XS3136901132"/>
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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>2037-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENGIE SA</name>
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          <isin value="FR001400KHI6"/>
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        <balance>200000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>21293192.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-479828.32000000</valUSD>
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        <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>BNY CAPITAL MARKETS</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AT&amp;T INC.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT T INC</title>
        <cusip>00206RBE1</cusip>
        <identifiers>
          <isin value="XS0785710046"/>
          <other otherDesc="Internal" value="B8CHDW7"/>
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        <balance>406000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>
        <name>BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY</name>
        <lei>549300OWFMSO9NYV4H90</lei>
        <title>BRITISH TELECOMMUNICATIONS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2994509706"/>
          <other otherDesc="Internal" value="BRXZ237"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.008392452661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>Nestle Finance International Ltd. SA</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2462321485"/>
          <other otherDesc="Internal" value="BM8T5D0"/>
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        <balance>1310000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.095161326576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</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>DIAGEO FINANCE PLC</name>
        <lei>BPF79TJMIH3DK8XCKI50</lei>
        <title>DIAGEO FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2466406530"/>
          <other otherDesc="Internal" value="BNKC0R3"/>
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        <balance>1900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1981413.10000000</valUSD>
        <pctVal>0.141331293687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</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 CANADA</title>
        <cusip>74814ZFM0</cusip>
        <identifiers>
          <isin value="CA74814ZFM01"/>
          <other otherDesc="Internal" value="BMBP289"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>3501126.17000000</valUSD>
        <pctVal>0.249730200616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.10000000</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>Mercedes-Benz Group AG</name>
        <lei>529900R27DL06UVNT076</lei>
        <title>MERCEDES BENZ GROUP AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2YNZY4"/>
          <other otherDesc="Internal" value="BJQ1ZB5"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.021337369894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</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>
        <name>W.P. CAREY INC.</name>
        <lei>54930042CRNE713E3Q67</lei>
        <title>WP CAREY INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2819335311"/>
          <other otherDesc="Internal" value="BSD3KT0"/>
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        <balance>150000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>184541.11000000</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>2032-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>Canada</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADIAN GOVERNMENT BOND</title>
        <cusip>135087P81</cusip>
        <identifiers>
          <isin value="CA135087P816"/>
          <other otherDesc="Internal" value="BPTKD95"/>
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        <balance>1225000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>905730.16000000</valUSD>
        <pctVal>0.064604405433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>Province of Alberta</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>PROVINCE OF ALBERTA CANADA</title>
        <cusip>N/A</cusip>
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          <isin value="AU3CB0309623"/>
          <other otherDesc="Internal" value="BSD3L97"/>
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        <balance>5000000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kuntarahoitus Oyj</name>
        <lei>529900HEKOENJHPNN480</lei>
        <title>KUNTARAHOITUS OYJ</title>
        <cusip>N/A</cusip>
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          <isin value="XS1756367147"/>
          <other otherDesc="Internal" value="BDR6DL3"/>
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        <balance>3231000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.245578245768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>2033-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOTALENERGIES CAPITAL INTERNATIONAL SA</name>
        <lei>549300U37G2I8G4RUG09</lei>
        <title>TOTALENERGIES CAPITAL INTERNATIONAL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3106109765"/>
          <other otherDesc="Internal" value="BVLFWW6"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>119043.93000000</valUSD>
        <pctVal>0.008491229129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.07500000</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>CITIGROUP INC.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2031277077"/>
          <other otherDesc="Internal" value="BJM0H32"/>
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        <balance>1025000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1383689.27000000</valUSD>
        <pctVal>0.098696528548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</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>GENERAL MOTORS FINANCIAL COMPANY, INC.</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GENERAL MOTORS FINANCIAL CO INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2975301438"/>
          <other otherDesc="Internal" value="BSHT9L9"/>
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        <balance>1270000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1539538.10000000</valUSD>
        <pctVal>0.109812997276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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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>
        <identifiers>
          <isin value="AU3FN0087706"/>
          <other otherDesc="Internal" value="BRS8G39"/>
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        <balance>1800000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-14</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALIMENTATION COUCHE-TARD INC.</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>ALIMENTATION COUCHE TARD INC</title>
        <cusip>01626PAS5</cusip>
        <identifiers>
          <isin value="CA01626PAS52"/>
          <other otherDesc="Internal" value="01626PAS5"/>
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        <balance>152000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>121500.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Province de Quebec</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>PROVINCE OF QUEBEC CANADA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0322410"/>
          <other otherDesc="Internal" value="BKVFMC9"/>
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        <balance>2500000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <pctVal>0.120624400279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</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>VISA INC.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC</title>
        <cusip>92826CAT9</cusip>
        <identifiers>
          <isin value="XS2479942034"/>
          <other otherDesc="Internal" value="BP0V676"/>
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        <balance>10541000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>11798281.79000000</valUSD>
        <pctVal>0.841554155802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQUINOR ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>EQUINOR ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2178833690"/>
          <other otherDesc="Internal" value="BMFV0B2"/>
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        <balance>1484000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1585484.96000000</valUSD>
        <pctVal>0.113090319488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-22</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>
      <invstOrSec>
        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK OF AUSTRALIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0080396"/>
          <other otherDesc="Internal" value="BRBDTJ8"/>
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        <balance>2200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>1557485.03000000</valUSD>
        <pctVal>0.111093125501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.60250000</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>BMW Finance N.V.</name>
        <lei>5299006ZHG3IXU0PNJ56</lei>
        <title>BMW FINANCE NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2625968776"/>
          <other otherDesc="Internal" value="BNDTC75"/>
        </identifiers>
        <balance>407000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>487025.78000000</valUSD>
        <pctVal>0.034738835403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>Treasury Corporation Of Victoria</name>
        <lei>549300ZJM7BQW1P9UV75</lei>
        <title>TREASURY CORP OF VICTORIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002579"/>
          <other otherDesc="Internal" value="BK80V97"/>
        </identifiers>
        <balance>15430000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>8076739.43000000</valUSD>
        <pctVal>0.576101991258</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>2035-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0273815026"/>
          <other otherDesc="Internal" value="B1GDZB5"/>
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        <balance>348000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>456493.71000000</valUSD>
        <pctVal>0.032561027578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>ANHEUSER-BUSCH INBEV SA</name>
        <lei>5493008H3828EMEXB082</lei>
        <title>ANHEUSER BUSCH INBEV SA NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6285457519"/>
          <other otherDesc="Internal" value="BDCVX13"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>109935.41000000</valUSD>
        <pctVal>0.007841531741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</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>CADENT FINANCE PLC</name>
        <lei>5493005M8TJ0J6IMUF67</lei>
        <title>CADENT FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2743029923"/>
          <other otherDesc="Internal" value="BQS7NY9"/>
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        <balance>224000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>306432.63000000</valUSD>
        <pctVal>0.021857390579</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Digital Dutch Finco B.V.</name>
        <lei>549300ONZ5IS6B6IMJ70</lei>
        <title>DIGITAL DUTCH FINCO BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3102229922"/>
          <other otherDesc="Internal" value="BV5GW47"/>
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        <balance>1488000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRANSCANADA PIPELINES LIMITED</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TRANSCANADA PIPELINES LTD</title>
        <cusip>89353ZBV9</cusip>
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          <isin value="CA89353ZBV90"/>
          <other otherDesc="Internal" value="BYQGPG0"/>
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        <balance>2550000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>1790282.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</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>ORIX CORPORATION</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2911122005"/>
          <other otherDesc="Internal" value="BS54T72"/>
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        <balance>2301000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2770386.21000000</valUSD>
        <pctVal>0.197607589791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.44700000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank Aktiengesellschaft</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>DEUTSCHE BANK AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000DL19U23"/>
          <other otherDesc="Internal" value="BJVLXW7"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>118242.01000000</valUSD>
        <pctVal>0.008434029350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</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>Deutsche Boerse Aktiengesellschaft</name>
        <lei>529900G3SW56SHYNPR95</lei>
        <title>DEUTSCHE BOERSE AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3MQXZ2"/>
          <other otherDesc="Internal" value="BP8YPC5"/>
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        <balance>3200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3478960.41000000</valUSD>
        <pctVal>0.248149149428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Commonwealth of Australia</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000217101"/>
          <other otherDesc="Internal" value="BM8NJV8"/>
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        <balance>2114000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>1321877.56000000</valUSD>
        <pctVal>0.094287589827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>26901512.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-395406.97000000</valUSD>
        <pctVal>-0.02820379990</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>CITIGROUP</counterpartyName>
              <counterpartyLei>6SHGI4ZSSLCXXQSBB395</counterpartyLei>
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            <amtCurSold>26901512.00000000</amtCurSold>
            <curSold>CAD</curSold>
            <amtCurPur>19513624.50000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-27</settlementDt>
            <unrealizedAppr>-395406.97000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0372391945"/>
          <other otherDesc="Internal" value="B3B27B5"/>
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        <balance>4282000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>6585215.54000000</valUSD>
        <pctVal>0.469713777241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.80000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BP Capital Markets B.V.</name>
        <lei>7245003VD7E4T30HJD24</lei>
        <title>BP CAPITAL MARKETS BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2620585906"/>
          <other otherDesc="Internal" value="BRS9483"/>
        </identifiers>
        <balance>5348000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>6671900.01000000</valUSD>
        <pctVal>0.475896853495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32300000</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>Treasury Corporation Of Victoria</name>
        <lei>549300ZJM7BQW1P9UV75</lei>
        <title>TREASURY CORP OF VICTORIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002256"/>
          <other otherDesc="Internal" value="BL63VR3"/>
        </identifiers>
        <balance>10300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>4979024.83000000</valUSD>
        <pctVal>0.355146546938</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>2037-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>56549062.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>438752.84000000</valUSD>
        <pctVal>0.031295597311</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>BNY CAPITAL MARKETS</counterpartyName>
              <counterpartyLei>VJW2DOOHGDT6PR0ZRO63</counterpartyLei>
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            <amtCurSold>56549062.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>67985035.36000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-04-30</settlementDt>
            <unrealizedAppr>438752.84000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vlaamse Gemeenschap</name>
        <lei>N/A</lei>
        <title>MINISTERIES VAN DE VLAAMSE GEMEENSCHAP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0390270396"/>
          <other otherDesc="Internal" value="BVQZWC1"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>474032.99000000</valUSD>
        <pctVal>0.033812078726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANSCANADA PIPELINES LIMITED</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TRANSCANADA PIPELINES LTD</title>
        <cusip>89353ZCK2</cusip>
        <identifiers>
          <isin value="CA89353ZCK27"/>
          <other otherDesc="Internal" value="BMH3R26"/>
        </identifiers>
        <balance>96000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>76170.47000000</valUSD>
        <pctVal>0.005433128036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.33000000</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>Volkswagen Financial Services AG</name>
        <lei>529900SSGT49ZZSWYE62</lei>
        <title>VOLKSWAGEN FINANCIAL SERVICES OVERSEAS AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2837886287"/>
          <other otherDesc="Internal" value="BR3T9M7"/>
        </identifiers>
        <balance>1174000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1443347.24000000</valUSD>
        <pctVal>0.102951844150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Pepsico, Inc.</name>
        <lei>FJSUNZKFNQ5YPJ5OT455</lei>
        <title>PEPSICO INC</title>
        <cusip>713448FK9</cusip>
        <identifiers>
          <isin value="XS2503832078"/>
          <other otherDesc="Internal" value="BQ2K388"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>381362.48000000</valUSD>
        <pctVal>0.027202027008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</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>Statsministeriet, Departementet</name>
        <lei>549300PTO6LS1PTM6607</lei>
        <title>DENMARK GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0009924532"/>
          <other otherDesc="Internal" value="BMWWVP9"/>
        </identifiers>
        <balance>40000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="DKK" exchangeRt="6.27720000"/>
        <valUSD>6257949.40000000</valUSD>
        <pctVal>0.446370362914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>Nestle Finance International Ltd. SA</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2350746215"/>
          <other otherDesc="Internal" value="BMZ1DR9"/>
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        <balance>163000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>159745.58000000</valUSD>
        <pctVal>0.011394418196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</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>ORANGE SA</name>
        <lei>969500MCOONR8990S771</lei>
        <title>ORANGE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010039008"/>
          <other otherDesc="Internal" value="7748927"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>143258.18000000</valUSD>
        <pctVal>0.010218396108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>MACQUARIE BANK LIMITED</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
        <title>MACQUARIE BANK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2899382738"/>
          <other otherDesc="Internal" value="BRBQBL3"/>
        </identifiers>
        <balance>2030000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2449725.26000000</valUSD>
        <pctVal>0.174735313990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20200000</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>NATWEST MARKETS PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NATWEST MARKETS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2449911143"/>
          <other otherDesc="Internal" value="BL5DFC7"/>
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        <balance>217000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>255752.25000000</valUSD>
        <pctVal>0.018242433319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-02</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>
      <invstOrSec>
        <name>ArcelorMittal SA</name>
        <lei>2EULGUTUI56JI9SAL165</lei>
        <title>ARCELORMITTAL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2954183039"/>
          <other otherDesc="Internal" value="BTLSZT9"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>120493.15000000</valUSD>
        <pctVal>0.008594599869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Criteria Caixa, S.A., Sociedad Unipersonal</name>
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          <isin value="XS3007624417"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
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          <isin value="FR001400N2M9"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VEOLIA ENVIRONNEMENT SA</name>
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          <isin value="FR0010033381"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-25</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SELP Finance S.a r.l.</name>
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          <isin value="XS2974156031"/>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-16</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Banco Santander, S.A.</name>
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          <isin value="XS2705604234"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-18</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BNY CAPITAL MARKETS</counterpartyName>
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      <invstOrSec>
        <name>Volkswagen Leasing Gesellschaft mit beschraenkter Haftung</name>
        <lei>5299004GLEUX88BSNB74</lei>
        <title>VOLKSWAGEN LEASING GMBH</title>
        <cusip>N/A</cusip>
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          <isin value="XS2694874533"/>
          <other otherDesc="Internal" value="BRJKBV7"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENGIE SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>ENGIE SA</title>
        <cusip>N/A</cusip>
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          <isin value="FR001400OJE3"/>
          <other otherDesc="Internal" value="BRC2KL3"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>AUSTRALIA NEW ZEALAND BANKING GROUP LTD</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0073003"/>
          <other otherDesc="Internal" value="BQH7XQ2"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-04</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP</title>
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          <isin value="AU3FN0075420"/>
          <other otherDesc="Internal" value="BMZPGP0"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.63250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Australian Government Financing Authority</name>
        <lei>254900TDPILDN6AUAD69</lei>
        <title>SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTH</title>
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          <isin value="AU3SG0002058"/>
          <other otherDesc="Internal" value="BLLCYZ4"/>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <name>Province of Ontario, Canada</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>PROVINCE OF ONTARIO CANADA</title>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2030-11-19</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Province of Manitoba</name>
        <lei>5493003QILFOB3JRKE30</lei>
        <title>PROVINCE OF MANITOBA CANADA</title>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTHERN GAS NETWORKS PLC</name>
        <lei>549300SPX8573VZ2SK79</lei>
        <title>SOUTHERN GAS NETWORKS PLC</title>
        <cusip>N/A</cusip>
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          <isin value="XS0362679176"/>
          <other otherDesc="Internal" value="B2R9BJ9"/>
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        <balance>282000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>East Japan Railway Company</name>
        <lei>353800SENYJ2DSM6PS44</lei>
        <title>EAST JAPAN RAILWAY CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2385121749"/>
          <other otherDesc="Internal" value="BMWPCP5"/>
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        <balance>501000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.10400000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BARCLAYS PLC</title>
        <cusip>06738EAZ8</cusip>
        <identifiers>
          <isin value="XS1748699011"/>
          <other otherDesc="Internal" value="BF59T21"/>
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        <balance>3112000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>European Investment Bank</name>
        <lei>5493006YXS1U5GIHE750</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0114126294"/>
          <other otherDesc="Internal" value="4163288"/>
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        <balance>124000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>183569.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>14559447.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-448035.75000000</valUSD>
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        <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">
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              <counterpartyName>STATE STREET</counterpartyName>
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            <amtCurSold>14559447.00000000</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OMV Aktiengesellschaft</name>
        <lei>549300V62YJ9HTLRI486</lei>
        <title>OMV AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3225966699"/>
          <other otherDesc="Internal" value="BVSW8Y4"/>
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        <balance>693000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>808391.62000000</valUSD>
        <pctVal>0.057661389974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>TELUS CORPORATION</name>
        <lei>894500WE70KKZRQMBU11</lei>
        <title>TELUS CORP</title>
        <cusip>87971MAW3</cusip>
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          <isin value="CA87971MAW34"/>
          <other otherDesc="Internal" value="BYQGRQ4"/>
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        <balance>3721000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>2664369.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</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>JAB Holdings B.V.</name>
        <lei>529900RRNKUM3INJGF98</lei>
        <title>JAB HOLDINGS BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3LJPA8"/>
          <other otherDesc="Internal" value="BQC5S99"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3473617.10000000</valUSD>
        <pctVal>0.247768018954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>City of Montreal</name>
        <lei>549300N5ZBGB87CAZW93</lei>
        <title>CITY OF MONTREAL CANADA</title>
        <cusip>614852NQ0</cusip>
        <identifiers>
          <isin value="CA614852NQ04"/>
          <other otherDesc="Internal" value="BYQGRX1"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>2252076.95000000</valUSD>
        <pctVal>0.160637349589</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</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>INTERNATIONAL BUSINESS MACHINES CORPORATION</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>INTERNATIONAL BUSINESS MACHINES CORP</title>
        <cusip>459200LM1</cusip>
        <identifiers>
          <isin value="XS2999658565"/>
          <other otherDesc="Internal" value="BTRFQ24"/>
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        <balance>1873000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2200394.22000000</valUSD>
        <pctVal>0.156950896173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</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>UNICREDIT, SOCIETA PER AZIONI</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UNICREDIT SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005585051"/>
          <other otherDesc="Internal" value="BK7ZW89"/>
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        <balance>2889000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3546759.26000000</valUSD>
        <pctVal>0.252985142074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>New South Wales Treasury Corporation</name>
        <lei>TC7LRO17HPNPLTAV0H77</lei>
        <title>NEW SOUTH WALES TREASURY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002082"/>
          <other otherDesc="Internal" value="BKT1058"/>
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        <balance>1200000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>692224.60000000</valUSD>
        <pctVal>0.049375366620</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>2033-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>Ontario Teachers' Finance Trust</name>
        <lei>635400ZZE5J8OXXBBY26</lei>
        <title>ONTARIO TEACHERS FINANCE TRUST</title>
        <cusip>C69798AZ6</cusip>
        <identifiers>
          <isin value="CAC69798AZ64"/>
          <other otherDesc="Internal" value="BSB9N91"/>
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        <balance>1051000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>808675.87000000</valUSD>
        <pctVal>0.057681665110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>
        <name>Province de Quebec</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>PROVINCE OF QUEBEC CANADA</title>
        <cusip>74814ZFG3</cusip>
        <identifiers>
          <isin value="CA74814ZFG33"/>
          <other otherDesc="Internal" value="BM7SXZ6"/>
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        <balance>491000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>344582.90000000</valUSD>
        <pctVal>0.024578593449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.90000000</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>
        <name>JAB Holdings B.V.</name>
        <lei>529900RRNKUM3INJGF98</lei>
        <title>JAB HOLDINGS BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3LXSR7"/>
          <other otherDesc="Internal" value="BLN8YP0"/>
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        <balance>2100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2578428.88000000</valUSD>
        <pctVal>0.183915554656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>92343VFJ8</cusip>
        <identifiers>
          <isin value="XS2176560444"/>
          <other otherDesc="Internal" value="BMDX1N9"/>
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        <balance>1450000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1485233.11000000</valUSD>
        <pctVal>0.105939501895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.30000000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>41745994.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-6241.19000000</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>CITIGROUP</counterpartyName>
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        <name>AUTOSTRADE PER L'ITALIA S.P.A.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>QUEENSLAND TREASURY CORPORATION</name>
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        <name>MACQUARIE BANK LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Province of British Columbia</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Cooperatieve Rabobank U.A.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ABN AMRO Bank N.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NYKREDIT REALKREDIT A/S</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>VISA INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Novo Nordisk Finance (Netherlands) B.V.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
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        <name>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TWENTY YEAR BOND</title>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Philip Morris International Inc.</name>
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        <invCountry>US</invCountry>

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        <name>Repubblica Italiana</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>

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        <name>Treasury Corporation Of Victoria</name>
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        <name>AT&amp;T INC.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT T INC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS SA</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BNG BANK N.V.</name>
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        <cusip>N/A</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>179622607.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
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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">
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              <counterpartyName>STATE STREET</counterpartyName>
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            <amtCurSold>179622607.00000000</amtCurSold>
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      <invstOrSec>
        <name>JEFFERIES FINANCIAL GROUP INC.</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEFFERIES FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
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          <isin value="XS2801963716"/>
          <other otherDesc="Internal" value="BMDLRN5"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Deutsche Boerse Aktiengesellschaft</name>
        <lei>529900G3SW56SHYNPR95</lei>
        <title>DEUTSCHE BOERSE AG</title>
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          <isin value="DE000A351ZT4"/>
          <other otherDesc="Internal" value="BSB7ZM2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Province of British Columbia</name>
        <lei>54930058TO7MEKUHWL16</lei>
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          <isin value="CA110709AK82"/>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-18</maturityDt>
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      <invstOrSec>
        <name>VODAFONE GROUP PUBLIC LIMITED COMPANY</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>VODAFONE GROUP PLC</title>
        <cusip>N/A</cusip>
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          <isin value="XS1721422902"/>
          <other otherDesc="Internal" value="BFN4GW7"/>
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        <balance>900000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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      <invstOrSec>
        <name>CDP FINANCIERE INC.</name>
        <lei>549300OXMGVYFCBFV096</lei>
        <title>CDP FINANCIAL INC</title>
        <cusip>C23264AW1</cusip>
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          <isin value="CAC23264AW10"/>
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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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          <maturityDt>2030-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
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          <isin value="XS1708335978"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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      <invstOrSec>
        <name>RECKITT BENCKISER TREASURY SERVICES PLC</name>
        <lei>213800LAXWIUOOBZ3908</lei>
        <title>RECKITT BENCKISER TREASURY SERVICES PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2842083318"/>
          <other otherDesc="Internal" value="BR4Z742"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLAXOSMITHKLINE CAPITAL PLC</name>
        <lei>549300U0LV41VX7LEP38</lei>
        <title>GLAXOSMITHKLINE CAPITAL PLC</title>
        <cusip>N/A</cusip>
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          <isin value="XS0140516864"/>
          <other otherDesc="Internal" value="3115912"/>
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        <balance>75000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U S TREASURY NOTE</title>
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          <isin value="US91282CLT61"/>
          <other otherDesc="Internal" value="91282CLT6"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.81769286</annualizedRt>
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      <invstOrSec>
        <name>City of Montreal</name>
        <lei>549300N5ZBGB87CAZW93</lei>
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          <isin value="CA614853FJ36"/>
          <other otherDesc="Internal" value="BVPVHF8"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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      <invstOrSec>
        <name>CaixaBank, S.A.</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
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          <other otherDesc="Internal" value="BR85209"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTHERN GAS NETWORKS PLC</name>
        <lei>549300SPX8573VZ2SK79</lei>
        <title>SOUTHERN GAS NETWORKS PLC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BOUYGUES SA</name>
        <lei>969500MOCLNQFNZN0D63</lei>
        <title>BOUYGUES SA</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CANADIAN DOLLAR</name>
        <lei>N/A</lei>
        <title>CANADIAN DOLLAR</title>
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          <other otherDesc="Internal" value="CCTCAD"/>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QUEENSLAND TREASURY CORPORATION</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP</title>
        <cusip>N/A</cusip>
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          <isin value="AU0000079402"/>
          <other otherDesc="Internal" value="BLNVDM9"/>
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        <balance>2100000.00000000</balance>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.75000000</annualizedRt>
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      <invstOrSec>
        <name>Hydro-Quebec</name>
        <lei>6THEVG93PYJH84S4D167</lei>
        <title>HYDRO QUEBEC</title>
        <cusip>44889ZCN4</cusip>
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          <isin value="CA44889ZCN48"/>
          <other otherDesc="Internal" value="B09YBH6"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Canada</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADIAN GOVERNMENT BOND</title>
        <cusip>135087Q23</cusip>
        <identifiers>
          <isin value="CA135087Q236"/>
          <other otherDesc="Internal" value="BMWJ4B7"/>
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        <balance>1529000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
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        <pctVal>0.078074913397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ontario Teachers' Finance Trust</name>
        <lei>635400ZZE5J8OXXBBY26</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2475513953"/>
          <other otherDesc="Internal" value="BLDBRR2"/>
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        <balance>722000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-03</maturityDt>
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          <annualizedRt>1.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OPTUS FINANCE PTY LTD</name>
        <lei>N/A</lei>
        <title>OPTUS FINANCE PTY LTD</title>
        <cusip>BK1405319</cusip>
        <identifiers>
          <isin value="AU3CB0272896"/>
          <other otherDesc="Internal" value="BM94P23"/>
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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>3M COMPANY</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M CO</title>
        <cusip>88579YAN1</cusip>
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          <isin value="XS1234373733"/>
          <other otherDesc="Internal" value="BXT7C06"/>
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        <balance>232000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013410818"/>
          <other otherDesc="Internal" value="BJ0M1Y9"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MERLIN Properties SOCIMI, S.A.</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>MERLIN PROPERTIES SOCIMI SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2089229806"/>
          <other otherDesc="Internal" value="BKMDYQ0"/>
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        <balance>1600000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OP Yrityspankki Oyj</name>
        <lei>549300NQ588N7RWKBP98</lei>
        <title>OP CORPORATE BANK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2393539080"/>
          <other otherDesc="Internal" value="BM8PY64"/>
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        <balance>492000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Province of Ontario, Canada</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
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          <isin value="CA68333ZBC01"/>
          <other otherDesc="Internal" value="68333ZBC0"/>
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        <balance>9500000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Province of Ontario, Canada</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>PROVINCE OF ONTARIO CANADA</title>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>New Zealand</name>
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        <title>NEW ZEALAND GOVERNMENT BOND</title>
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          <isin value="NZGOVDT437C0"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Volkswagen International Finance N.V.</name>
        <lei>5299004PWNHKYTR23649</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>SUMITOMO MITSUI FINANCIAL GROUP INC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Cooperatieve Rabobank U.A.</name>
        <lei>N/A</lei>
        <title>COOPERATIEVE RABOBANK UA AUSTRALIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0085163"/>
          <other otherDesc="Internal" value="BSBGTZ0"/>
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        <balance>1500000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-26</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HONEYWELL INTERNATIONAL INCORPORATION</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>HONEYWELL INTERNATIONAL INC</title>
        <cusip>438516CW4</cusip>
        <identifiers>
          <isin value="XS2776890068"/>
          <other otherDesc="Internal" value="BQBCWZ5"/>
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        <balance>781000.00000000</balance>
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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>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>474153.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-14877.21000000</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>STATE STREET</counterpartyName>
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            <amtCurSold>474153.00000000</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANOFI SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>SANOFI SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400Y1H8"/>
          <other otherDesc="Internal" value="BPCQC71"/>
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        <balance>3000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-11</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banco Santander, S.A.</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>BANCO SANTANDER SA</title>
        <cusip>N/A</cusip>
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          <isin value="XS2120087452"/>
          <other otherDesc="Internal" value="BKT1D15"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>CREDIT AGRICOLE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400M4O2"/>
          <other otherDesc="Internal" value="BQXRG23"/>
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        <balance>5800000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY</name>
        <lei>549300OWFMSO9NYV4H90</lei>
        <title>BRITISH TELECOMMUNICATIONS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2582814385"/>
          <other otherDesc="Internal" value="BMWS8W3"/>
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        <balance>2097000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400NDS8"/>
          <other otherDesc="Internal" value="BQHPX55"/>
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        <balance>2000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2424666.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Acciona Energia Financiacion Filiales, S.A.U.</name>
        <lei>254900CO48EPLIMJDK17</lei>
        <title>ACCIONA ENERGIA FINANCIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2698998593"/>
          <other otherDesc="Internal" value="BLB0XY0"/>
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        <balance>2200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTER AMERICAN DEVELOPMENT BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>INTER AMERICAN DEVELOPMENT BANK</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3097975315"/>
          <other otherDesc="Internal" value="BTDQ6R6"/>
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        <balance>3900000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</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>EUROCLEAR HOLDING SA</name>
        <lei>549300IQZVZ949N37S44</lei>
        <title>EUROCLEAR HOLDING NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE6334363692"/>
          <other otherDesc="Internal" value="BNNFY55"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>336442.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK OF AUSTRALIA</title>
        <cusip>N/A</cusip>
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          <isin value="AU3FN0074514"/>
          <other otherDesc="Internal" value="BQ1JG09"/>
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        <balance>1400000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.89150000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN TOWER CORPORATION</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMERICAN TOWER CORP</title>
        <cusip>03027XCK4</cusip>
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          <isin value="XS2830466301"/>
          <other otherDesc="Internal" value="BS3G0D3"/>
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        <balance>1150000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Prologis Euro Finance LLC</name>
        <lei>549300MI5D1784PRQH06</lei>
        <title>PROLOGIS EURO FINANCE LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2112475921"/>
          <other otherDesc="Internal" value="BKTBPW0"/>
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        <balance>911000.00000000</balance>
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        <valUSD>860327.90000000</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>2035-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TESCO CORPORATE TREASURY SERVICES PLC</name>
        <lei>21380018AJDKNF3A6712</lei>
        <title>TESCO CORPORATE TREASURY SERVICES PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2592302330"/>
          <other otherDesc="Internal" value="BNDVNQ7"/>
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        <balance>932000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1283375.96000000</valUSD>
        <pctVal>0.091541327103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>92343VGS7</cusip>
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          <isin value="XS2550898204"/>
          <other otherDesc="Internal" value="BQT6F94"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>128669.01000000</valUSD>
        <pctVal>0.009177771985</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>ENI S.P.A.</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2739132897"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-15</maturityDt>
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      <invstOrSec>
        <name>QUEENSLAND TREASURY CORPORATION</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP</title>
        <cusip>N/A</cusip>
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          <isin value="AU3CB0271989"/>
          <other otherDesc="Internal" value="BMW55Q7"/>
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        <balance>5249000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-20</maturityDt>
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          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Castellum Helsinki Finance Holding Abp</name>
        <lei>743700WAF2AHZ4LRAR98</lei>
        <title>CASTELLUM HELSINKI FINANCE HOLDING ABP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2387052744"/>
          <other otherDesc="Internal" value="BNYDCY3"/>
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        <balance>150000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CDP FINANCIERE INC.</name>
        <lei>549300OXMGVYFCBFV096</lei>
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        <cusip>C23264BB6</cusip>
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          <isin value="CAC23264BB63"/>
          <other otherDesc="Internal" value="BVV5442"/>
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        <balance>1900000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
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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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          <maturityDt>2035-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>SUMITOMO MITSUI FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
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          <isin value="XS2629485447"/>
          <other otherDesc="Internal" value="BRBD932"/>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.49200000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
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          <isin value="XS2673808726"/>
          <other otherDesc="Internal" value="BLGYMK6"/>
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        <balance>374000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.034840001377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>7802970.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
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        <valUSD>-232421.78000000</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>CITIGROUP</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>EXPERIAN FINANCE PLC</name>
        <lei>635400RKRK5EGXSPC782</lei>
        <title>EXPERIAN FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2982065018"/>
          <other otherDesc="Internal" value="BTWVBT9"/>
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        <balance>530000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.045049236762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.51000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY MUTUAL GROUP INC.</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
        <title>LIBERTY MUTUAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2561647368"/>
          <other otherDesc="Internal" value="BP9PQ46"/>
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        <balance>200000.00000000</balance>
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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>2030-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>IMPERIAL BRANDS FINANCE PLC</name>
        <lei>2138008L3B3MCG1DFS50</lei>
        <title>IMPERIAL BRANDS FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2998667187"/>
          <other otherDesc="Internal" value="BTRFQV3"/>
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        <balance>7683000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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        <name>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM GILT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BM8Z2S21"/>
          <other otherDesc="Internal" value="BM8Z2S2"/>
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        <balance>8781000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <pctVal>0.672146757406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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        <name>ILE-DE-FRANCE MOBILITES</name>
        <lei>969500A5KNK9VZQKNQ79</lei>
        <title>ILE DE FRANCE MOBILITES</title>
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          <isin value="FR0013414158"/>
          <other otherDesc="Internal" value="BJ06572"/>
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        <balance>200000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DSV Finance B.V.</name>
        <lei>529900RTQQ0IIS4B3E03</lei>
        <title>DSV FINANCE BV</title>
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          <isin value="XS2932836211"/>
          <other otherDesc="Internal" value="BT03HK0"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Shell International Finance B.V.</name>
        <lei>213800ITMMKU4Z7I4F78</lei>
        <title>SHELL INTERNATIONAL FINANCE BV</title>
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          <other otherDesc="Internal" value="BMBPS25"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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      <invstOrSec>
        <name>BERKSHIRE HATHAWAY FINANCE CORPORATION</name>
        <lei>549300RLHFT5RU20WM87</lei>
        <title>BERKSHIRE HATHAWAY FINANCE CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2456839369"/>
          <other otherDesc="Internal" value="BPQG136"/>
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        <balance>3884000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>4194174.72000000</valUSD>
        <pctVal>0.299164338384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>APA INFRASTRUCTURE LIMITED</name>
        <lei>261700SS8OEHDOCOUJ33</lei>
        <title>APA INFRASTRUCTURE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1205617829"/>
          <other otherDesc="Internal" value="BWD24D7"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
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          <isin value="XS2976283130"/>
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        <valUSD>11699072.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-14</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Continental Aktiengesellschaft</name>
        <lei>529900A7YD9C0LLXM621</lei>
        <title>CONTINENTAL AG</title>
        <cusip>ZN5945862</cusip>
        <identifiers>
          <isin value="XS2558972415"/>
          <other otherDesc="Internal" value="BP95G24"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>72738.28000000</valUSD>
        <pctVal>0.005188314952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>20227668.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
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        <valUSD>-605570.60000000</valUSD>
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        <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">
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              <counterpartyName>BNY CAPITAL MARKETS</counterpartyName>
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      <invstOrSec>
        <name>BOOKING HOLDINGS INC.</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>BOOKING HOLDINGS INC</title>
        <cusip>09857LBF4</cusip>
        <identifiers>
          <isin value="XS2945618549"/>
          <other otherDesc="Internal" value="BRWLGF6"/>
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        <balance>306000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.025448435660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>39068350.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
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        <valUSD>27984.15000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <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>RBC DOMINION SECURITIES</counterpartyName>
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            <amtCurSold>39068350.00000000</amtCurSold>
            <curSold>DKK</curSold>
            <amtCurPur>6275243.78000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-04-07</settlementDt>
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      <invstOrSec>
        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2979678864"/>
          <other otherDesc="Internal" value="BRDV666"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.094852934802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>
        <name>MCDONALD'S CORPORATION</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>MCDONALD S CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2393236695"/>
          <other otherDesc="Internal" value="BN71761"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1291787.03000000</valUSD>
        <pctVal>0.092141276404</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-04</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>
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      <invstOrSec>
        <name>SFIL SA</name>
        <lei>549300HFEHJOXGE4ZE63</lei>
        <title>SFIL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400HMX1"/>
          <other otherDesc="Internal" value="BMXP9R5"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>120933.05000000</valUSD>
        <pctVal>0.008625977291</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>2030-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>STANDARD CHARTERED PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0876756452"/>
          <other otherDesc="Internal" value="B8T0XM9"/>
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        <balance>6050000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>7487782.54000000</valUSD>
        <pctVal>0.534092559106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>92343VBX1</cusip>
        <identifiers>
          <isin value="XS1030900325"/>
          <other otherDesc="Internal" value="BJT2T79"/>
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        <balance>742000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>986979.70000000</valUSD>
        <pctVal>0.070399816092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OP Yrityspankki Oyj</name>
        <lei>549300NQ588N7RWKBP98</lei>
        <title>OP CORPORATE BANK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3002812066"/>
          <other otherDesc="Internal" value="BSVJGX6"/>
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        <balance>4800000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.44800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY MUTUAL GROUP INC.</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
        <title>LIBERTY MUTUAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2561647012"/>
          <other otherDesc="Internal" value="BPG83F8"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.008995804333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>SNCF RESEAU SA</name>
        <lei>969500VZN4KDEZ14C105</lei>
        <title>SNCF RESEAU</title>
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          <isin value="XS0123656836"/>
          <other otherDesc="Internal" value="7085475"/>
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        <balance>580000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>807398.08000000</valUSD>
        <pctVal>0.057590522222</pctVal>
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        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Province of Manitoba</name>
        <lei>5493003QILFOB3JRKE30</lei>
        <title>PROVINCE OF MANITOBA CANADA</title>
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          <isin value="CA563469VG75"/>
          <other otherDesc="Internal" value="BVMN2B8"/>
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        <balance>2221000.00000000</balance>
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        <valUSD>1629006.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>54570328.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>New Zealand</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>NEW ZEALAND GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZGOVDT532C8"/>
          <other otherDesc="Internal" value="BMFWZX2"/>
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        <balance>1405000.00000000</balance>
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        <currencyConditional curCd="NZD" exchangeRt="1.65330000"/>
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        <pctVal>0.053237905225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>AUSTRALIA NEW ZEALAND BANKING GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0302404"/>
          <other otherDesc="Internal" value="BRJ53T4"/>
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        <balance>605000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>92343VGV0</cusip>
        <identifiers>
          <isin value="XS2770514946"/>
          <other otherDesc="Internal" value="BP6WHF8"/>
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        <balance>614000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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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>2036-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nederlandse Waterschapsbank N.V.</name>
        <lei>JLP5FSPH9WPSHY3NIM24</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2291793813"/>
          <other otherDesc="Internal" value="BMDGWR9"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-16</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>18823875.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-519337.14000000</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>18823875.00000000</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GE CAPITAL UK FUNDING UNLIMITED COMPANY</name>
        <lei>BR7Z6BPTFF652NNO9651</lei>
        <title>GE CAPITAL UK FUNDING UNLIMITED CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0340495216"/>
          <other otherDesc="Internal" value="B2NMK95"/>
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        <balance>146000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AGENCE FRANCE LOCALE SA</name>
        <lei>969500NMI4UP00IO8G47</lei>
        <title>AGENCE FRANCE LOCALE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400N9U7"/>
          <other otherDesc="Internal" value="BRJD2V3"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>
        <name>SELP Finance S.a r.l.</name>
        <lei>549300Y4VYEJE1MH6D45</lei>
        <title>SELP FINANCE SARL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2344569038"/>
          <other otherDesc="Internal" value="BN0TLM6"/>
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        <balance>2004000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2229041.78000000</valUSD>
        <pctVal>0.158994284659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA NEW ZEALAND BANKING GROUP LTD</name>
        <lei>N/A</lei>
        <title>AUSTRALIA NEW ZEALAND BANKING GROUP LTD</title>
        <cusip>ZL8896827</cusip>
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          <isin value="AU3CB0298354"/>
          <other otherDesc="Internal" value="ZL8896827"/>
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        <balance>228000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <pctVal>0.011338177786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RCI BANQUE SA</name>
        <lei>96950001WI712W7PQG45</lei>
        <title>RCI BANQUE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400U4M6"/>
          <other otherDesc="Internal" value="BM9XKN6"/>
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        <balance>1184000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1428429.66000000</valUSD>
        <pctVal>0.101887795023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014009LQ8"/>
          <other otherDesc="Internal" value="BJLV811"/>
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        <balance>1000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.10000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN TOWER CORPORATION</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMERICAN TOWER CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2622275969"/>
          <other otherDesc="Internal" value="BRS9461"/>
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        <balance>527000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>669318.49000000</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>2031-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Province of Manitoba</name>
        <lei>5493003QILFOB3JRKE30</lei>
        <title>PROVINCE OF MANITOBA CANADA</title>
        <cusip>563469EZ4</cusip>
        <identifiers>
          <isin value="CA563469EZ40"/>
          <other otherDesc="Internal" value="B8359D3"/>
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        <balance>6000000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>AGENCE FRANCE LOCALE SA</name>
        <lei>969500NMI4UP00IO8G47</lei>
        <title>AGENCE FRANCE LOCALE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400TUC3"/>
          <other otherDesc="Internal" value="BRZRDC7"/>
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        <balance>3900000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <name>European Union</name>
        <lei>529900FZRK8FGMPEOM08</lei>
        <title>EUROPEAN UNION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EU000A3K4D41"/>
          <other otherDesc="Internal" value="BNHW5D7"/>
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        <balance>210000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="Supranational" issuerCat="OTHER"/>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>BNG BANK N.V.</name>
        <lei>529900GGYMNGRQTDOO93</lei>
        <title>BNG BANK NV</title>
        <cusip>N/A</cusip>
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          <isin value="AU3CB0302545"/>
          <other otherDesc="Internal" value="BNTB219"/>
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        <balance>386000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2034-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS GROUP AG</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="BKP3KH0"/>
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        <valUSD>1181600.63000000</valUSD>
        <pctVal>0.084281841913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>THE GOLDMAN SACHS GROUP, INC.</name>
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        <name>Nestle Finance International Ltd. SA</name>
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        <name>RCI BANQUE SA</name>
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        <name>Repubblica Italiana</name>
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        <name>Svenska Handelsbanken AB</name>
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        <name>Medtronic Global Holdings S.C.A.</name>
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        <invCountry>LU</invCountry>

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        <name>APA INFRASTRUCTURE LIMITED</name>
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        <name>Enbridge Inc.</name>
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        <name>Heidelberg Materials AG</name>
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        <name>GENERAL MOTORS FINANCIAL COMPANY, INC.</name>
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        <name>CREDIT AGRICOLE SA</name>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
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          <isin value="FR0014009YC1"/>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REALTY INCOME CORPORATION</name>
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          <isin value="XS3097933744"/>
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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>2031-06-20</maturityDt>
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      <invstOrSec>
        <name>COLGATE-PALMOLIVE COMPANY</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
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          <isin value="XS1958648294"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AYVENS SA</name>
        <lei>969500E7V019H9NP7427</lei>
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          <isin value="FR001400RGV6"/>
          <other otherDesc="Internal" value="BS6ZNF0"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>South Australian Government Financing Authority</name>
        <lei>254900TDPILDN6AUAD69</lei>
        <title>SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTHORITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0003205"/>
          <other otherDesc="Internal" value="BVDF2Q8"/>
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        <balance>3000000.00000000</balance>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Enexis Holding N.V.</name>
        <lei>7245009Q5867Q0YC9Q13</lei>
        <title>ENEXIS HOLDING NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2019976070"/>
          <other otherDesc="Internal" value="BKLC3R2"/>
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        <balance>375000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Province of Ontario, Canada</name>
        <lei>C7PVKCRGLG18EBQGZV36</lei>
        <title>PROVINCE OF ONTARIO CANADA</title>
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          <isin value="CA68333ZAY30"/>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>MIZUHO FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2886269286"/>
          <other otherDesc="Internal" value="BQXJV79"/>
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        <balance>1183000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.76700000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fresenius SE &amp; Co. KGaA</name>
        <lei>XDFJ0CYCOO1FXRFTQS51</lei>
        <title>FRESENIUS SE CO KGAA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2559501429"/>
          <other otherDesc="Internal" value="BP6WTQ3"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>254729.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Province of Manitoba</name>
        <lei>5493003QILFOB3JRKE30</lei>
        <title>MANITOBA PROVINCE OF</title>
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        <identifiers>
          <isin value="AU3CB0312734"/>
          <other otherDesc="Internal" value="BQXM877"/>
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        <balance>4233000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fortis Inc.</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>FORTIS INC CANADA</title>
        <cusip>349553AR8</cusip>
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          <isin value="CA349553AR86"/>
          <other otherDesc="Internal" value="349553AR8"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>407443.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.67700000</annualizedRt>
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      <invstOrSec>
        <name>New South Wales Treasury Corporation</name>
        <lei>TC7LRO17HPNPLTAV0H77</lei>
        <title>NEW SOUTH WALES TREASURY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0001944"/>
          <other otherDesc="Internal" value="BK73KN4"/>
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        <balance>394000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>CREDIT AGRICOLE SA</title>
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        <identifiers>
          <isin value="FR0014007MK3"/>
          <other otherDesc="Internal" value="BP0WZQ1"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</annualizedRt>
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      <invstOrSec>
        <name>WALMART INC</name>
        <lei>N/A</lei>
        <title>WALMART INC</title>
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          <other otherDesc="Internal" value="B66DJ96"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>U S DOLLARS</name>
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          <other otherDesc="Internal" value="CCTUSD"/>
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        <valUSD>-46107.52000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>CREDIT AGRICOLE SA</title>
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          <isin value="FR001400F7K2"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>INTERNATIONAL BUSINESS MACHINES CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>E.ON SE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Japan</name>
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          <isin value="JP1201501E99"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Sandoz Finance B.V.</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Province de Quebec</name>
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        <balance>1340000.00000000</balance>
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        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>SANOFI SA</name>
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          <other otherDesc="Internal" value="BJCRWH2"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNEDIC</name>
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          <isin value="FR001400YA95"/>
          <other otherDesc="Internal" value="BMHR8H0"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>Skandinaviska Enskilda Banken AB</name>
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        <title>SKANDINAVISKA ENSKILDA BANKEN AB</title>
        <cusip>N/A</cusip>
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          <isin value="XS2813108870"/>
          <other otherDesc="Internal" value="BRRG4G3"/>
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        <balance>760000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.064631824122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-03</maturityDt>
          <couponKind>Floating</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>1639791.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-27086.20000000</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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        <securityLending>
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      <invstOrSec>
        <name>SUEZ SA</name>
        <lei>5493007LKZ37MXEN5D79</lei>
        <title>SUEZ SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400LZO4"/>
          <other otherDesc="Internal" value="BSCCH42"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORPORATION</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MOTOR CREDIT CORP</title>
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        <identifiers>
          <isin value="XS2857918804"/>
          <other otherDesc="Internal" value="BS6VHC3"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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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>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>92343VEF7</cusip>
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          <isin value="XS1708168890"/>
          <other otherDesc="Internal" value="BF329N3"/>
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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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          <couponKind>Fixed</couponKind>
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        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2557084733"/>
          <other otherDesc="Internal" value="BNBQ5X5"/>
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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Province de Quebec</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>PROVINCE OF QUEBEC CANADA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3077376047"/>
          <other otherDesc="Internal" value="BMVF944"/>
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        <balance>4300000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Banco Bilbao Vizcaya Argentaria, S.A.</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>BANCO BILBAO VIZCAYA ARGENTARIA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2747065030"/>
          <other otherDesc="Internal" value="BPQTJK8"/>
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        <balance>200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>JCDECAUX SE</name>
        <lei>9695009KV7AFPDEI5S30</lei>
        <title>JCDECAUX SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400F0H3"/>
          <other otherDesc="Internal" value="BPXZ1V4"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>503230.01000000</valUSD>
        <pctVal>0.035894659390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2767224921"/>
          <other otherDesc="Internal" value="BRRGNK0"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-20</maturityDt>
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          <annualizedRt>0.60000000</annualizedRt>
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      <invstOrSec>
        <name>Banco Santander, S.A.</name>
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          <isin value="XS2743029840"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QUEENSLAND TREASURY CORPORATION</name>
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        <cusip>N/A</cusip>
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          <isin value="AU3SG0003254"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-10</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Province of British Columbia</name>
        <lei>54930058TO7MEKUHWL16</lei>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-23</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Montreal</name>
        <lei>549300N5ZBGB87CAZW93</lei>
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          <isin value="CA614852NZ03"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>EURO</name>
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        <invCountry>XX</invCountry>
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        <fairValLevel>N/A</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NESTLE HOLDINGS, INC.</name>
        <lei>549300EAEU8YV8MQXP30</lei>
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          <isin value="XS2689046626"/>
          <other otherDesc="Internal" value="BN4J8B0"/>
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        <balance>470000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GREAT BRITISH POUND</name>
        <lei>N/A</lei>
        <title>GREAT BRITISH POUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTGBP"/>
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        <balance>-7556145.93000000</balance>
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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>CITIGROUP</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>BNP PARIBAS SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS SA</title>
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        <identifiers>
          <isin value="FR001400F5X9"/>
          <other otherDesc="Internal" value="BQ2K764"/>
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        <balance>600000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>VAR ENERGI ASA</name>
        <lei>549300LIVN3FFOJN2K47</lei>
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        <identifiers>
          <isin value="XS3019303133"/>
          <other otherDesc="Internal" value="BR4XP19"/>
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        <balance>913000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>SUMITOMO MITSUI FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="BJLL338"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>U S DOLLARS</name>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>56765611.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DUKE ENERGY CORPORATION</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>DUKE ENERGY CORP</title>
        <cusip>26441CBR5</cusip>
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          <isin value="XS2488626883"/>
          <other otherDesc="Internal" value="BMY29L9"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORANGE SA</name>
        <lei>969500MCOONR8990S771</lei>
        <title>ORANGE SA</title>
        <cusip>N/A</cusip>
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          <isin value="XS0399412443"/>
          <other otherDesc="Internal" value="B3FHGR5"/>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>OMV Aktiengesellschaft</name>
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        <title>OMV AG</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>INTESA SANPAOLO SPA</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="BMV3JS2"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

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        <name>Province de Quebec</name>
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        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
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        <name>BOOKING HOLDINGS INC.</name>
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        <name>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TEN YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103731Q12"/>
          <other otherDesc="Internal" value="BR88M86"/>
        </identifiers>
        <balance>2875750000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>16756566.11000000</valUSD>
        <pctVal>1.195221312547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.60000000</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>Commonwealth of Australia</name>
        <lei>213800J6B7JSBDETCB42</lei>
        <title>AUSTRALIA GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000143901"/>
          <other otherDesc="Internal" value="BM9KZS7"/>
        </identifiers>
        <balance>676000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>396095.41000000</valUSD>
        <pctVal>0.028252905322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</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>Cooperatieve Rabobank U.A.</name>
        <lei>N/A</lei>
        <title>COOPERATIEVE RABOBANK UA AUSTRALIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0093910"/>
          <other otherDesc="Internal" value="BS2GQ03"/>
        </identifiers>
        <balance>3100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>2183953.20000000</valUSD>
        <pctVal>0.155778182302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.40610000</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 GRID NORTH AMERICA INC</name>
        <lei>5Q3U0WRKWZZGRMPYFT08</lei>
        <title>NATIONAL GRID NORTH AMERICA INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2894931588"/>
          <other otherDesc="Internal" value="BSPRMY9"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>420488.85000000</valUSD>
        <pctVal>0.029992853661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.06100000</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>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000363722"/>
          <other otherDesc="Internal" value="BR4S9J0"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>11751629.11000000</valUSD>
        <pctVal>0.838226488483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</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>OP Yrityspankki Oyj</name>
        <lei>549300NQ588N7RWKBP98</lei>
        <title>OP CORPORATE BANK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2635622595"/>
          <other otherDesc="Internal" value="BRDV1J4"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>122834.64000000</valUSD>
        <pctVal>0.008761614920</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>SNCF RESEAU</name>
        <lei>N/A</lei>
        <title>SNCF RESEAU</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0177618039"/>
          <other otherDesc="Internal" value="7688443"/>
        </identifiers>
        <balance>85000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>112375.06000000</valUSD>
        <pctVal>0.008015548402</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>2033-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000360694"/>
          <other otherDesc="Internal" value="BPRSLC0"/>
        </identifiers>
        <balance>2806000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3261126.27000000</valUSD>
        <pctVal>0.232611359345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>4612399.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-114349.85000000</valUSD>
        <pctVal>-0.00815640727</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>
              <counterpartyLei>6SHGI4ZSSLCXXQSBB395</counterpartyLei>
            </counterparties>
            <amtCurSold>4612399.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>5381564.96000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-10</settlementDt>
            <unrealizedAppr>-114349.85000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>B.A.T. INTERNATIONAL FINANCE P.L.C.</name>
        <lei>21380041YBGOQDFAC823</lei>
        <title>BAT INTERNATIONAL FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0468426266"/>
          <other otherDesc="Internal" value="B5KP6X4"/>
        </identifiers>
        <balance>1013000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1453000.70000000</valUSD>
        <pctVal>0.103640411310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>WENDEL SE</name>
        <lei>969500M98ZMIZYJD5O34</lei>
        <title>WENDEL SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400ION6"/>
          <other otherDesc="Internal" value="BRS75Z1"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>498970.47000000</valUSD>
        <pctVal>0.035590832642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>MERLIN Properties SOCIMI, S.A.</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>MERLIN PROPERTIES SOCIMI SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3168718529"/>
          <other otherDesc="Internal" value="BVY4LN4"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>820248.64000000</valUSD>
        <pctVal>0.058507133841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>4232715029.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-668626.66000000</valUSD>
        <pctVal>-0.04769216013</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>BNY CAPITAL MARKETS</counterpartyName>
              <counterpartyLei>VJW2DOOHGDT6PR0ZRO63</counterpartyLei>
            </counterparties>
            <amtCurSold>4232715029.00000000</amtCurSold>
            <curSold>JPY</curSold>
            <amtCurPur>26897179.70000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-30</settlementDt>
            <unrealizedAppr>-668626.66000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <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 OF VICTORIA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002314"/>
          <other otherDesc="Internal" value="BMHR9M2"/>
        </identifiers>
        <balance>451000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>264830.79000000</valUSD>
        <pctVal>0.018889992278</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>2031-09-10</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>ILE-DE-FRANCE MOBILITES</name>
        <lei>969500A5KNK9VZQKNQ79</lei>
        <title>ILE DE FRANCE MOBILITES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400IKC7"/>
          <other otherDesc="Internal" value="BRDY814"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2915295.07000000</valUSD>
        <pctVal>0.207943726486</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>2038-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</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>Province of Alberta</name>
        <lei>LQPXMHHNJKIPJYE53543</lei>
        <title>PROVINCE OF ALBERTA CANADA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3040412424"/>
          <other otherDesc="Internal" value="BTWQH63"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>6015532.19000000</valUSD>
        <pctVal>0.429079098462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>TELUS CORPORATION</name>
        <lei>894500WE70KKZRQMBU11</lei>
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        <name>Volkswagen Bank Gesellschaft mit beschraenkter Haftung</name>
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        <name>AMERICAN HONDA FINANCE CORPORATION</name>
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        <name>Deutsche Telekom International Finance B.V.</name>
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        <name>TASMANIAN PUBLIC FINANCE CORPORATION</name>
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        <name>Allianz Finance II B.V.</name>
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        <name>FEDEX CORPORATION</name>
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        <name>NATIONAL GRID NORTH AMERICA INC</name>
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        <name>Ireland</name>
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        <invCountry>IE</invCountry>

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        <name>GREAT BRITISH POUND</name>
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        <name>CADENT FINANCE PLC</name>
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        <invCountry>SG</invCountry>

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        <name>AT&amp;T INC.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT T INC</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CADENT FINANCE PLC</name>
        <lei>5493005M8TJ0J6IMUF67</lei>
        <title>CADENT FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1795387502"/>
          <other otherDesc="Internal" value="BFXSFR7"/>
        </identifiers>
        <balance>468000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>466492.29000000</valUSD>
        <pctVal>0.033274211642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>EQUINIX EUROPE 2 FINANCING CORPORATION LLC</name>
        <lei>254900FSZR46BPMCKI50</lei>
        <title>EQUINIX EUROPE 2 FINANCING CORP LLC</title>
        <cusip>29390XAB0</cusip>
        <identifiers>
          <isin value="XS2892321501"/>
          <other otherDesc="Internal" value="BSY54H1"/>
        </identifiers>
        <balance>375000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>443482.08000000</valUSD>
        <pctVal>0.031632927072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</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>Philip Morris International Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PHILIP MORRIS INTERNATIONAL INC</title>
        <cusip>718172BV0</cusip>
        <identifiers>
          <isin value="XS1408421763"/>
          <other otherDesc="Internal" value="BYQ80Z0"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>100200.89000000</valUSD>
        <pctVal>0.007147182691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-09</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>APA INFRASTRUCTURE LIMITED</name>
        <lei>261700SS8OEHDOCOUJ33</lei>
        <title>APA INFRASTRUCTURE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2315784806"/>
          <other otherDesc="Internal" value="BLH2WP4"/>
        </identifiers>
        <balance>1556000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1587610.58000000</valUSD>
        <pctVal>0.113241936849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</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>Volkswagen International Finance N.V.</name>
        <lei>5299004PWNHKYTR23649</lei>
        <title>VOLKSWAGEN INTERNATIONAL FINANCE NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3171593661"/>
          <other otherDesc="Internal" value="BPCQR87"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1327537.03000000</valUSD>
        <pctVal>0.094691271531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>PROVINCE OF NOVA SCOTIA</name>
        <lei>5493002W033HJBDP3481</lei>
        <title>PROVINCE OF NOVA SCOTIA CANADA</title>
        <cusip>669827FW2</cusip>
        <identifiers>
          <isin value="CA669827FW28"/>
          <other otherDesc="Internal" value="B521YC5"/>
        </identifiers>
        <balance>844000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>644061.47000000</valUSD>
        <pctVal>0.045939961116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>EUROFINS SCIENTIFIC SE</name>
        <lei>529900JEHFM47DYY3S57</lei>
        <title>EUROFINS SCIENTIFIC SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3135157298"/>
          <other otherDesc="Internal" value="BPRBBF2"/>
        </identifiers>
        <balance>2532000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3038165.20000000</valUSD>
        <pctVal>0.216707872856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>NATIONAL GAS TRANSMISSION PLC</name>
        <lei>FPCHGTHKVH9ZWXS7S453</lei>
        <title>NATIONAL GAS TRANSMISSION PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2607040958"/>
          <other otherDesc="Internal" value="BMB3T48"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>248527.53000000</valUSD>
        <pctVal>0.017727104626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO CO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2118204200"/>
          <other otherDesc="Internal" value="BKTZS89"/>
        </identifiers>
        <balance>767000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>823433.13000000</valUSD>
        <pctVal>0.058734278847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</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>Brookfield Corporation</name>
        <lei>C6J3FGIWG6MBDGTE8F80</lei>
        <title>BROOKFIELD CORP</title>
        <cusip>10549PAJ0</cusip>
        <identifiers>
          <isin value="CA10549PAJ09"/>
          <other otherDesc="Internal" value="B0CPJ94"/>
        </identifiers>
        <balance>90000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>73652.92000000</valUSD>
        <pctVal>0.005253554883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</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>Volkswagen Financial Services AG</name>
        <lei>529900SSGT49ZZSWYE62</lei>
        <title>VOLKSWAGEN FINANCIAL SERVICES AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2374594823"/>
          <other otherDesc="Internal" value="BP8ZCW7"/>
        </identifiers>
        <balance>406000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>436039.77000000</valUSD>
        <pctVal>0.031102078003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</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>EUROFINS SCIENTIFIC SE</name>
        <lei>529900JEHFM47DYY3S57</lei>
        <title>EUROFINS SCIENTIFIC SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2676883114"/>
          <other otherDesc="Internal" value="BRBC229"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>126475.15000000</valUSD>
        <pctVal>0.009021287165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>Northern Territory Treasury Corporation</name>
        <lei>254900V4FQ2K6E3VJ628</lei>
        <title>NORTHERN TERRITORY TREASURY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0003122"/>
          <other otherDesc="Internal" value="BT3D796"/>
        </identifiers>
        <balance>3100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>2166101.79000000</valUSD>
        <pctVal>0.154504867379</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>2037-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>New Zealand</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>NEW ZEALAND GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZGOVDT534C4"/>
          <other otherDesc="Internal" value="BP2F0N0"/>
        </identifiers>
        <balance>6130000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NZD" exchangeRt="1.65330000"/>
        <valUSD>3658682.70000000</valUSD>
        <pctVal>0.260968477084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS GROUP AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH1142231690"/>
          <other otherDesc="Internal" value="BMJ0ZM1"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>313760.90000000</valUSD>
        <pctVal>0.022380105342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-03</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>Fresenius SE &amp; Co. KGaA</name>
        <lei>XDFJ0CYCOO1FXRFTQS51</lei>
        <title>FRESENIUS SE CO KGAA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2698713695"/>
          <other otherDesc="Internal" value="BQ2LP41"/>
        </identifiers>
        <balance>898000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1162682.52000000</valUSD>
        <pctVal>0.082932440841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>CK Hutchison Europe Finance (21) Limited</name>
        <lei>254900UIPWFKU7480958</lei>
        <title>CK HUTCHISON EUROPE FINANCE 21 LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2402178565"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KfW</name>
        <lei>549300GDPG70E3MBBU98</lei>
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        <identifiers>
          <isin value="XS0138038624"/>
          <other otherDesc="Internal" value="7241783"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>REALTY INCOME CORPORATION</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>REALTY INCOME CORP</title>
        <cusip>756109BX1</cusip>
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          <isin value="XS2728570834"/>
          <other otherDesc="Internal" value="BMWDYR5"/>
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        <balance>531000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allianz Finance II B.V.</name>
        <lei>529900C9NVPTCPDI1D65</lei>
        <title>ALLIANZ FINANCE II BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1HG1L4"/>
          <other otherDesc="Internal" value="B71RT45"/>
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        <balance>3500000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <pctVal>0.301739923336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>
        <name>NATIONAL GRID PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2381853436"/>
          <other otherDesc="Internal" value="BMXH5C8"/>
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        <balance>544000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.037680034020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>THE TIMKEN COMPANY</name>
        <lei>B0I35MLPFXZSE70ASS73</lei>
        <title>TIMKEN CO THE</title>
        <cusip>887389AP9</cusip>
        <identifiers>
          <isin value="XS2824606532"/>
          <other otherDesc="Internal" value="BQFPS41"/>
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        <balance>6515000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.561734029093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nestle Finance International Ltd. SA</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2976328760"/>
          <other otherDesc="Internal" value="BSHT9M0"/>
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        <balance>3405000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>4046709.68000000</valUSD>
        <pctVal>0.288645873114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cooperatieve Rabobank U.A.</name>
        <lei>DG3RU1DBUFHT4ZF9WN62</lei>
        <title>COOPERATIEVE RABOBANK UA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2753315626"/>
          <other otherDesc="Internal" value="BRK4B63"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>243114.80000000</valUSD>
        <pctVal>0.017341022525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.82200000</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400N6I8"/>
          <other otherDesc="Internal" value="BPQTJ75"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>362431.73000000</valUSD>
        <pctVal>0.025851724344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-03</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>
        <name>OP Yrityspankki Oyj</name>
        <lei>549300NQ588N7RWKBP98</lei>
        <title>OP CORPORATE BANK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2794477518"/>
          <other otherDesc="Internal" value="BQWSL22"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>417211.54000000</valUSD>
        <pctVal>0.029759087940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.41800000</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>SPAREBANK 1 SMN</name>
        <lei>7V6Z97IO7R1SEAO84Q32</lei>
        <title>SPAREBANK 1 SMN</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2807760843"/>
          <other otherDesc="Internal" value="BQFPS74"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>487129.39000000</valUSD>
        <pctVal>0.034746225752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>EXXON MOBIL CORPORATION</name>
        <lei>J3WHBG0MTS7O8ZVMDC91</lei>
        <title>EXXON MOBIL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2196322403"/>
          <other otherDesc="Internal" value="BM9ZJV3"/>
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        <balance>6203000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>6405803.97000000</valUSD>
        <pctVal>0.456916612788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.83500000</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>COFIROUTE SA</name>
        <lei>213800CP8292W9E8LJ69</lei>
        <title>COFIROUTE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400T0B0"/>
          <other otherDesc="Internal" value="BPJL020"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>117228.51000000</valUSD>
        <pctVal>0.008361737880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>
        <name>EQUINIX EUROPE 2 FINANCING CORPORATION LLC</name>
        <lei>254900FSZR46BPMCKI50</lei>
        <title>EQUINIX EUROPE 2 FINANCING CORP LLC</title>
        <cusip>29390XAD6</cusip>
        <identifiers>
          <isin value="XS2941363637"/>
          <other otherDesc="Internal" value="BTPGZZ5"/>
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        <balance>957000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1107106.90000000</valUSD>
        <pctVal>0.078968313284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>Volkswagen Leasing Gesellschaft mit beschraenkter Haftung</name>
        <lei>5299004GLEUX88BSNB74</lei>
        <title>VOLKSWAGEN LEASING GMBH</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2745726047"/>
          <other otherDesc="Internal" value="BRXGNN7"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>123530.41000000</valUSD>
        <pctVal>0.008811243175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>E.ON International Finance B.V.</name>
        <lei>549300TG53AWJ719M814</lei>
        <title>E ON INTERNATIONAL FINANCE BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0408958683"/>
          <other otherDesc="Internal" value="B3L28N4"/>
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        <balance>250000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>370304.90000000</valUSD>
        <pctVal>0.026413306026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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 CANADA</title>
        <cusip>74814ZFS7</cusip>
        <identifiers>
          <isin value="CA74814ZFS70"/>
          <other otherDesc="Internal" value="74814ZFS7"/>
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        <balance>6600000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>4887845.51000000</valUSD>
        <pctVal>0.348642859619</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
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        <name>VISA INC.</name>
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        <name>Repubblica Italiana</name>
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        <name>Adif Alta Velocidad</name>
        <lei>959800D5SDA4R1CG7K10</lei>
        <title>ADIF ALTA VELOCIDAD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0200002089"/>
          <other otherDesc="Internal" value="BKSBMZ3"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>618801.29000000</valUSD>
        <pctVal>0.044138189482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-30</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>4274215002.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-232927.96000000</valUSD>
        <pctVal>-0.01661441015</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>4274215002.00000000</amtCurSold>
            <curSold>JPY</curSold>
            <amtCurPur>27479363.88000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-02-05</settlementDt>
            <unrealizedAppr>-232927.96000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIR PRODUCTS AND CHEMICALS, INC.</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>AIR PRODUCTS AND CHEMICALS INC</title>
        <cusip>009158BG0</cusip>
        <identifiers>
          <isin value="XS2595036554"/>
          <other otherDesc="Internal" value="BQMS263"/>
        </identifiers>
        <balance>975000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1191866.87000000</valUSD>
        <pctVal>0.085014117772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>NATIONAL GAS TRANSMISSION PLC</name>
        <lei>FPCHGTHKVH9ZWXS7S453</lei>
        <title>NATIONAL GAS TRANSMISSION PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2987788408"/>
          <other otherDesc="Internal" value="BSSGHL5"/>
        </identifiers>
        <balance>898000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1253845.94000000</valUSD>
        <pctVal>0.089434994037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBRIDGE INC</title>
        <cusip>29251ZBB2</cusip>
        <identifiers>
          <isin value="CA29251ZBB28"/>
          <other otherDesc="Internal" value="B6RTVQ4"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>168524.54000000</valUSD>
        <pctVal>0.012020608552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.24000000</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
        <lei>N/A</lei>
        <title>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400IG08"/>
          <other otherDesc="Internal" value="BQ0MFM4"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>620373.63000000</valUSD>
        <pctVal>0.044250342191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>4204129267.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-289349.03000000</valUSD>
        <pctVal>-0.02063884241</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>RBC DOMINION SECURITIES</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <amtCurSold>4204129267.00000000</amtCurSold>
            <curSold>JPY</curSold>
            <amtCurPur>26966357.34000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-02-04</settlementDt>
            <unrealizedAppr>-289349.03000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royaume de Belgique</name>
        <lei>549300SZ25JZFHRHWD76</lei>
        <title>KINGDOM OF BELGIUM GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0000349580"/>
          <other otherDesc="Internal" value="BJVB6J5"/>
        </identifiers>
        <balance>366000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>392187.50000000</valUSD>
        <pctVal>0.027974159827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</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</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>NEW ZEALAND GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZGOVDT433C9"/>
          <other otherDesc="Internal" value="BYZTRB9"/>
        </identifiers>
        <balance>10753000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NZD" exchangeRt="1.65330000"/>
        <valUSD>6172389.80000000</valUSD>
        <pctVal>0.440267521989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>Republique Francaise</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRENCH REPUBLIC GOVERNMENT BOND OAT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0011883966"/>
          <other otherDesc="Internal" value="BM691B2"/>
        </identifiers>
        <balance>486000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>576319.17000000</valUSD>
        <pctVal>0.041108002098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-25</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>Koninklijke Philips N.V.</name>
        <lei>H1FJE8H61JGM1JSGM897</lei>
        <title>KONINKLIJKE PHILIPS NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2676863355"/>
          <other otherDesc="Internal" value="BRBC1S8"/>
        </identifiers>
        <balance>788000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>985134.10000000</valUSD>
        <pctVal>0.070268172148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM GILT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLPK7334"/>
          <other otherDesc="Internal" value="BLPK733"/>
        </identifiers>
        <balance>3637000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>3222508.21000000</valUSD>
        <pctVal>0.229856789700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</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>ENGIE SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>ENGIE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013428513"/>
          <other otherDesc="Internal" value="BJYFYS9"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>171423.81000000</valUSD>
        <pctVal>0.012227409234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-21</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>Magna International Inc.</name>
        <lei>95RWVLFZX6VGDZNNTN43</lei>
        <title>MAGNA INTERNATIONAL INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2597677090"/>
          <other otherDesc="Internal" value="BMGK751"/>
        </identifiers>
        <balance>725000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>911074.35000000</valUSD>
        <pctVal>0.064985598677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT THIRTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300231675"/>
          <other otherDesc="Internal" value="B197LL6"/>
        </identifiers>
        <balance>4456100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>29443884.40000000</valUSD>
        <pctVal>2.100189139471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-20</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>South Australian Government Financing Authority</name>
        <lei>254900TDPILDN6AUAD69</lei>
        <title>SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTH</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002751"/>
          <other otherDesc="Internal" value="BMY3H63"/>
        </identifiers>
        <balance>1920000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>1249220.64000000</valUSD>
        <pctVal>0.089105078164</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>2038-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>Siemens Financieringsmaatschappij N.V.</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3078501684"/>
          <other otherDesc="Internal" value="BRJBWW8"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1325336.78000000</valUSD>
        <pctVal>0.094534330921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>QUEENSLAND TREASURY CORPORATION</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002124"/>
          <other otherDesc="Internal" value="BL6BZZ3"/>
        </identifiers>
        <balance>9110000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>4194512.17000000</valUSD>
        <pctVal>0.299188408198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>Hydro-Quebec</name>
        <lei>6THEVG93PYJH84S4D167</lei>
        <title>HYDRO QUEBEC</title>
        <cusip>44889ZCM6</cusip>
        <identifiers>
          <isin value="CA44889ZCM64"/>
          <other otherDesc="Internal" value="2934505"/>
        </identifiers>
        <balance>1900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>1687290.92000000</valUSD>
        <pctVal>0.120351989471</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>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>QUEENSLAND TREASURY CORPORATION</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3CB0296580"/>
          <other otherDesc="Internal" value="BQS97Q5"/>
        </identifiers>
        <balance>15800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>10381101.97000000</valUSD>
        <pctVal>0.740468795385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="non-U.S. government agency" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Province de Quebec</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>PROVINCE OF QUEBEC CANADA</title>
        <cusip>74814ZFT5</cusip>
        <identifiers>
          <isin value="CA74814ZFT53"/>
          <other otherDesc="Internal" value="BNDT123"/>
        </identifiers>
        <balance>2600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>2025336.93000000</valUSD>
        <pctVal>0.144464316133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</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>DSV Finance B.V.</name>
        <lei>529900RTQQ0IIS4B3E03</lei>
        <title>DSV FINANCE BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2932829356"/>
          <other otherDesc="Internal" value="BT03HF5"/>
        </identifiers>
        <balance>2528000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2965506.01000000</valUSD>
        <pctVal>0.211525199278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>Nestle Finance International Ltd. SA</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1707075245"/>
          <other otherDesc="Internal" value="BDFW2P0"/>
        </identifiers>
        <balance>606000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>590877.07000000</valUSD>
        <pctVal>0.042146395778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</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>Telefonica Emisiones, S.A.U.</name>
        <lei>549300Y5MFC4SW5Z3K71</lei>
        <title>TELEFONICA EMISIONES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2753310825"/>
          <other otherDesc="Internal" value="BPJLZK3"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>727091.69000000</valUSD>
        <pctVal>0.051862385070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.69800000</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>MOTABILITY OPERATIONS GROUP PLC</name>
        <lei>AZ3NL8JCZDCNUXFWI720</lei>
        <title>MOTABILITY OPERATIONS GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2978917156"/>
          <other otherDesc="Internal" value="BTWPJ19"/>
        </identifiers>
        <balance>983000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1173896.24000000</valUSD>
        <pctVal>0.083732299061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT THIRTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300091319"/>
          <other otherDesc="Internal" value="6603599"/>
        </identifiers>
        <balance>1035950000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>6512865.75000000</valUSD>
        <pctVal>0.464553172712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.40000000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TWENTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201171A43"/>
          <other otherDesc="Internal" value="B682X55"/>
        </identifiers>
        <balance>500000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>3310936.08000000</valUSD>
        <pctVal>0.236164220122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.10000000</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>LVMH MOET HENNESSY LOUIS VUITTON SE</name>
        <lei>IOG4E947OATN0KJYSD45</lei>
        <title>LVMH MOET HENNESSY LOUIS VUITTON SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400KJP7"/>
          <other otherDesc="Internal" value="BRJ8RL3"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>243163.93000000</valUSD>
        <pctVal>0.017344526895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-07</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>Investor Aktiebolag</name>
        <lei>549300VEBQPHRZBKUX38</lei>
        <title>INVESTOR AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2250024010"/>
          <other otherDesc="Internal" value="BMXW8V3"/>
        </identifiers>
        <balance>601000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>531280.44000000</valUSD>
        <pctVal>0.037895455468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</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>WENDEL SE</name>
        <lei>969500M98ZMIZYJD5O34</lei>
        <title>WENDEL SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014012241"/>
          <other otherDesc="Internal" value="BV7GPB3"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>952988.65000000</valUSD>
        <pctVal>0.067975284292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Province of British Columbia</name>
        <lei>54930058TO7MEKUHWL16</lei>
        <title>PROVINCE OF BRITISH COLUMBIA CANADA</title>
        <cusip>110709FL1</cusip>
        <identifiers>
          <isin value="CA110709FL11"/>
          <other otherDesc="Internal" value="B1CH0H2"/>
        </identifiers>
        <balance>4000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>3128988.66000000</valUSD>
        <pctVal>0.223186177203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT FIVE YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1051661Q33"/>
          <other otherDesc="Internal" value="BS9DJF3"/>
        </identifiers>
        <balance>1715050000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>10816733.41000000</valUSD>
        <pctVal>0.771541747808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.40000000</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>NESTLE CAPITAL CORPORATION</name>
        <lei>549300VIRTXBZ81J0S95</lei>
        <title>NESTLE CAPITAL CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2787862429"/>
          <other otherDesc="Internal" value="BRPT4X1"/>
        </identifiers>
        <balance>2024000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <name>Royaume de Belgique</name>
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        <name>Prologis Euro Finance LLC</name>
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        <name>Novo Nordisk Finance (Netherlands) B.V.</name>
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        <name>Province of Alberta</name>
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        <name>THE COCA-COLA COMPANY</name>
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        <name>New South Wales Treasury Corporation</name>
        <lei>TC7LRO17HPNPLTAV0H77</lei>
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      </invstOrSec>
      <invstOrSec>
        <name>APA INFRASTRUCTURE LIMITED</name>
        <lei>261700SS8OEHDOCOUJ33</lei>
        <title>APA INFRASTRUCTURE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2164646304"/>
          <other otherDesc="Internal" value="BMYMHQ0"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>566616.02000000</valUSD>
        <pctVal>0.040415890623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>Digital Dutch Finco B.V.</name>
        <lei>549300ONZ5IS6B6IMJ70</lei>
        <title>DIGITAL DUTCH FINCO BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2976337753"/>
          <other otherDesc="Internal" value="BSHT9J7"/>
        </identifiers>
        <balance>2702000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3167144.46000000</valUSD>
        <pctVal>0.225907774520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Canada</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADIAN GOVERNMENT BOND</title>
        <cusip>135087XG4</cusip>
        <identifiers>
          <isin value="CA135087XG49"/>
          <other otherDesc="Internal" value="BW4Q6F4"/>
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        <balance>3852000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>3308199.95000000</valUSD>
        <pctVal>0.235969055977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>5750753.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-111333.89000000</valUSD>
        <pctVal>-0.00794128327</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>BNY CAPITAL MARKETS</counterpartyName>
              <counterpartyLei>VJW2DOOHGDT6PR0ZRO63</counterpartyLei>
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            <amtCurSold>5750753.00000000</amtCurSold>
            <curSold>CAD</curSold>
            <amtCurPur>4141421.47000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-10</settlementDt>
            <unrealizedAppr>-111333.89000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canada</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADIAN GOVERNMENT BOND</title>
        <cusip>135087S62</cusip>
        <identifiers>
          <isin value="CA135087S620"/>
          <other otherDesc="Internal" value="BV0TR46"/>
        </identifiers>
        <balance>441000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>322213.49000000</valUSD>
        <pctVal>0.022983016204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>ILE-DE-FRANCE MOBILITES</name>
        <lei>969500A5KNK9VZQKNQ79</lei>
        <title>ILE DE FRANCE MOBILITES</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400FIN4"/>
          <other otherDesc="Internal" value="BPQT8N4"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>215348.57000000</valUSD>
        <pctVal>0.015360498016</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>2043-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400EAY1"/>
          <other otherDesc="Internal" value="BP95FW7"/>
        </identifiers>
        <balance>2100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2549133.41000000</valUSD>
        <pctVal>0.181825951699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Siemens Financieringsmaatschappij N.V.</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2769892519"/>
          <other otherDesc="Internal" value="BQ7WV07"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>483155.74000000</valUSD>
        <pctVal>0.034462791119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>South Australian Government Financing Authority</name>
        <lei>254900TDPILDN6AUAD69</lei>
        <title>SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTHORITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002520"/>
          <other otherDesc="Internal" value="BNNX1V4"/>
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        <balance>5400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>2775375.67000000</valUSD>
        <pctVal>0.197963480663</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>2036-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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 of British Columbia</name>
        <lei>54930058TO7MEKUHWL16</lei>
        <title>PROVINCE OF BRITISH COLUMBIA CANADA</title>
        <cusip>110709FY3</cusip>
        <identifiers>
          <isin value="CA110709FY32"/>
          <other otherDesc="Internal" value="B3KFGS5"/>
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        <balance>4900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>3881716.21000000</valUSD>
        <pctVal>0.276877130612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>SOUTHERN GAS NETWORKS PLC</name>
        <lei>549300SPX8573VZ2SK79</lei>
        <title>SOUTHERN GAS NETWORKS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1791704932"/>
          <other otherDesc="Internal" value="BF28W11"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>326764.37000000</valUSD>
        <pctVal>0.023307623807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</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>SOUTHERN GAS NETWORKS PLC</name>
        <lei>549300SPX8573VZ2SK79</lei>
        <title>SOUTHERN GAS NETWORKS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2680897050"/>
          <other otherDesc="Internal" value="BQBBDW6"/>
        </identifiers>
        <balance>1400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>2065645.47000000</valUSD>
        <pctVal>0.147339465240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>
        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV</title>
        <cusip>ZN3731462</cusip>
        <identifiers>
          <isin value="XS2536941656"/>
          <other otherDesc="Internal" value="BP5J891"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>249543.70000000</valUSD>
        <pctVal>0.017799586543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>EURO</name>
        <lei>N/A</lei>
        <title>EURO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTEUR"/>
        </identifiers>
        <balance>-6746703.17000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.83924100"/>
        <valUSD>-38039.68000000</valUSD>
        <pctVal>-0.00271331464</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>RBC DOMINION SECURITIES</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>8077089.62000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>6746703.17000000</amtCurPur>
            <curPur>EUR</curPur>
            <settlementDt>2026-03-10</settlementDt>
            <unrealizedAppr>-38039.68000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HALEON UK CAPITAL PLC</name>
        <lei>5493004B26DRJNN0OV17</lei>
        <title>HALEON UK CAPITAL PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2462446696"/>
          <other otherDesc="Internal" value="BMHWTG1"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>167857.59000000</valUSD>
        <pctVal>0.011973035986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>
      <invstOrSec>
        <name>Philip Morris International Inc.</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PHILIP MORRIS INTERNATIONAL INC</title>
        <cusip>718172DW6</cusip>
        <identifiers>
          <isin value="XS3087812833"/>
          <other otherDesc="Internal" value="BRQPZY6"/>
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        <balance>4422000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>5240370.80000000</valUSD>
        <pctVal>0.373787972111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-06</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>Canada</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADIAN GOVERNMENT BOND</title>
        <cusip>135087P32</cusip>
        <identifiers>
          <isin value="CA135087P329"/>
          <other otherDesc="Internal" value="BPH2JS4"/>
        </identifiers>
        <balance>2082000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>1474304.77000000</valUSD>
        <pctVal>0.105159999413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</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>Enexis Holding N.V.</name>
        <lei>7245009Q5867Q0YC9Q13</lei>
        <title>ENEXIS HOLDING NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3045470492"/>
          <other otherDesc="Internal" value="BRF3P96"/>
        </identifiers>
        <balance>3271000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3889765.85000000</valUSD>
        <pctVal>0.277451299640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-09</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>COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN SCA</name>
        <lei>549300SOSI58J6VIW052</lei>
        <title>CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400Q4A7"/>
          <other otherDesc="Internal" value="BSCBS35"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>934848.06000000</valUSD>
        <pctVal>0.066681342583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>MOTABILITY OPERATIONS GROUP PLC</name>
        <lei>AZ3NL8JCZDCNUXFWI720</lei>
        <title>MOTABILITY OPERATIONS GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2021481663"/>
          <other otherDesc="Internal" value="BKF2SC8"/>
        </identifiers>
        <balance>2526000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>2383068.08000000</valUSD>
        <pctVal>0.169980754992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</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>GLOBAL PAYMENTS INC.</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>GLOBAL PAYMENTS INC</title>
        <cusip>37940XAS1</cusip>
        <identifiers>
          <isin value="XS2597994065"/>
          <other otherDesc="Internal" value="BMDZW32"/>
        </identifiers>
        <balance>5914000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>7382672.71000000</valUSD>
        <pctVal>0.526595228916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>JAB Holdings B.V.</name>
        <lei>529900RRNKUM3INJGF98</lei>
        <title>JAB HOLDINGS BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A2SBDF7"/>
          <other otherDesc="Internal" value="BHRH8H5"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1115543.76000000</valUSD>
        <pctVal>0.079570102148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>ENGIE SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>ENGIE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400KHH8"/>
          <other otherDesc="Internal" value="BRF4TM0"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1370676.33000000</valUSD>
        <pctVal>0.097768334601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>FAIRFAX FINANCIAL HOLDINGS LIMITED</name>
        <lei>GLS7OQD0WOEDI8YAP031</lei>
        <title>FAIRFAX FINANCIAL HOLDINGS LTD</title>
        <cusip>303901BG6</cusip>
        <identifiers>
          <isin value="CA303901BG68"/>
          <other otherDesc="Internal" value="BMZ3DH5"/>
        </identifiers>
        <balance>884000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>658298.15000000</valUSD>
        <pctVal>0.046955442644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>Mizuho Financial Group, Inc.</name>
        <lei>353800CI5L6DDAN5XZ33</lei>
        <title>MIZUHO FINANCIAL GROUP INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2589713614"/>
          <other otherDesc="Internal" value="BN45261"/>
        </identifiers>
        <balance>3211000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>4048767.01000000</valUSD>
        <pctVal>0.288792619449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.41600000</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>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC</title>
        <cusip>02079KAQ0</cusip>
        <identifiers>
          <isin value="XS3064423174"/>
          <other otherDesc="Internal" value="BPJJXW5"/>
        </identifiers>
        <balance>16551000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>19454244.03000000</valUSD>
        <pctVal>1.387642726529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>AKER BP ASA</name>
        <lei>549300NFTY73920OYK69</lei>
        <title>AKER BP ASA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2830454554"/>
          <other otherDesc="Internal" value="BS3FNQ4"/>
        </identifiers>
        <balance>7674000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>9305447.77000000</valUSD>
        <pctVal>0.663743957114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>TRATON Finance Luxembourg S.A.</name>
        <lei>529900BRKIE6LKIEXD84</lei>
        <title>TRATON FINANCE LUXEMBOURG SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3LSV01"/>
          <other otherDesc="Internal" value="BR88GF1"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>841427.32000000</valUSD>
        <pctVal>0.060017778059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>DAIMLER TRUCK FINANCE CANADA INC.</name>
        <lei>54930098P2A2K13NYP58</lei>
        <title>DAIMLER TRUCK FINANCE CANADA INC</title>
        <cusip>233852AE2</cusip>
        <identifiers>
          <isin value="CA233852AE28"/>
          <other otherDesc="Internal" value="BMG4F82"/>
        </identifiers>
        <balance>243000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>179098.44000000</valUSD>
        <pctVal>0.012774829349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.46000000</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>BOUYGUES SA</name>
        <lei>969500MOCLNQFNZN0D63</lei>
        <title>BOUYGUES SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400AJY0"/>
          <other otherDesc="Internal" value="BPMP6W1"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>795781.96000000</valUSD>
        <pctVal>0.056761961400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-30</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>Prologis Euro Finance LLC</name>
        <lei>549300MI5D1784PRQH06</lei>
        <title>PROLOGIS EURO FINANCE LLC</title>
        <cusip>74341EAC6</cusip>
        <identifiers>
          <isin value="XS2049583607"/>
          <other otherDesc="Internal" value="BHNV7Z2"/>
        </identifiers>
        <balance>1025000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1058312.75000000</valUSD>
        <pctVal>0.075487898047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</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>South Australian Government Financing Authority</name>
        <lei>254900TDPILDN6AUAD69</lei>
        <title>SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTHORITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0002298"/>
          <other otherDesc="Internal" value="BL63VT5"/>
        </identifiers>
        <balance>5600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>2594332.55000000</valUSD>
        <pctVal>0.185049940139</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>2040-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TWENTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201741LA9"/>
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        <name>REALTY INCOME CORPORATION</name>
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        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
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        <name>Altria Group, Inc.</name>
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        <name>NATIONAL AUSTRALIA BANK LIMITED</name>
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        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
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        <name>Enexis Holding N.V.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN HONDA FINANCE CORPORATION</name>
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        <invCountry>US</invCountry>

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        <name>Enbridge Inc.</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

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        <name>Compagnie des chemins de fer nationaux du Canada</name>
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        <invCountry>CA</invCountry>

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        <name>NYKREDIT REALKREDIT A/S</name>
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        <invCountry>DK</invCountry>

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        <name>CTP N.V.</name>
        <lei>3157000YTVO4TN65UM14</lei>
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        <issuerCat>CORP</issuerCat>
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        <name>European Union</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>TELUS CORPORATION</name>
        <lei>894500WE70KKZRQMBU11</lei>
        <title>TELUS CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>THE GOLDMAN SACHS GROUP, INC.</name>
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          <isin value="XS2389353264"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-23</maturityDt>
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      <invstOrSec>
        <name>GREAT BRITISH POUND</name>
        <lei>N/A</lei>
        <title>GREAT BRITISH POUND</title>
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          <isin value="N/A"/>
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        <balance>2100.95000000</balance>
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        <issuerConditional desc="currency" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TWENTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201881Q46"/>
          <other otherDesc="Internal" value="BRJK7F3"/>
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        <balance>3627900000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.60000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMV Aktiengesellschaft</name>
        <lei>549300V62YJ9HTLRI486</lei>
        <title>OMV AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2886118236"/>
          <other otherDesc="Internal" value="BSY5HV6"/>
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        <balance>2574000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>ELECTRICITE DE FRANCE SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>ELECTRICITE DE FRANCE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400D6O8"/>
          <other otherDesc="Internal" value="BQ1KNM3"/>
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        <balance>800000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <pctVal>0.073223938905</pctVal>
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        <assetCat>DBT</assetCat>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>South Australian Government Financing Authority</name>
        <lei>254900TDPILDN6AUAD69</lei>
        <title>SOUTH AUSTRALIAN GOVERNMENT FINANCING AUTHORITY</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0003056"/>
          <other otherDesc="Internal" value="BRV04Z0"/>
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        <balance>5600000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>3884162.67000000</valUSD>
        <pctVal>0.277051633020</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>2031-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Region Ile de France</name>
        <lei>969500X7E3U7ZNH95E23</lei>
        <title>REGION OF ILE DE FRANCE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400WR49"/>
          <other otherDesc="Internal" value="BT3NSR1"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>120655.46000000</valUSD>
        <pctVal>0.008606177203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</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>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400A3G4"/>
          <other otherDesc="Internal" value="BNRRCX1"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>469870.43000000</valUSD>
        <pctVal>0.033515169419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>3916414.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-117697.46000000</valUSD>
        <pctVal>-0.00839518739</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">
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              <counterpartyName>STATE STREET</counterpartyName>
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            <amtCurPur>2252464.81000000</amtCurPur>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>INTESA SANPAOLO SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2592658947"/>
          <other otherDesc="Internal" value="BQMS2F2"/>
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        <balance>487000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>658436.65000000</valUSD>
        <pctVal>0.046965321646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>NEW ZEALAND DOLLAR</name>
        <lei>N/A</lei>
        <title>NEW ZEALAND DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTNZD"/>
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        <balance>-306436.00000000</balance>
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        <descOthUnits>Contract Amount</descOthUnits>
        <currencyConditional curCd="NZD" exchangeRt="1.00000000"/>
        <valUSD>1793.70000000</valUSD>
        <pctVal>0.000127941993</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>CITIGROUP</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>34606259.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-381308.69000000</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">
            <counterparties>
              <counterpartyName>RBC DOMINION SECURITIES</counterpartyName>
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            <amtCurSold>34606259.00000000</amtCurSold>
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            <amtCurPur>25177435.35000000</amtCurPur>
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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>N/A</cusip>
        <identifiers>
          <isin value="XS2803424329"/>
          <other otherDesc="Internal" value="BMDLRL3"/>
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        <balance>152000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>184001.78000000</valUSD>
        <pctVal>0.013124577407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.56300000</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>Fortis Inc.</name>
        <lei>549300MQYQ9Y065XPR71</lei>
        <title>FORTIS INC CANADA</title>
        <cusip>349553AQ0</cusip>
        <identifiers>
          <isin value="CA349553AQ04"/>
          <other otherDesc="Internal" value="BMGT059"/>
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        <balance>300000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>229250.82000000</valUSD>
        <pctVal>0.016352125142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.43100000</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>NATIONAL GRID NORTH AMERICA INC</name>
        <lei>5Q3U0WRKWZZGRMPYFT08</lei>
        <title>NATIONAL GRID NORTH AMERICA INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2894910665"/>
          <other otherDesc="Internal" value="BSPRN02"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>485696.66000000</valUSD>
        <pctVal>0.034644031220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.63100000</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>Siemens Financieringsmaatschappij N.V.</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>SIEMENS FINANCIERINGSMAATSCHAPPIJ NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3078501502"/>
          <other otherDesc="Internal" value="BRJBVY3"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sumitomo Mitsui Financial Group, Inc.</name>
        <lei>35380028MYWPB6AUO129</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS3066719959"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>APPLE INC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-31</maturityDt>
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          <annualizedRt>3.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>231880.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>CITIGROUP</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMV Aktiengesellschaft</name>
        <lei>549300V62YJ9HTLRI486</lei>
        <title>OMV AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2022093517"/>
          <other otherDesc="Internal" value="BKF2SD9"/>
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        <balance>76000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK OF AUSTRALIA</title>
        <cusip>N/A</cusip>
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          <isin value="AU3CB0301687"/>
          <other otherDesc="Internal" value="BPLVCP5"/>
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        <balance>1700000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <balance>26513981.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
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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">
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              <counterpartyName>BNY CAPITAL MARKETS</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MACQUARIE GROUP LIMITED.</name>
        <lei>ACMHD8HWFMFUIQQ8Y590</lei>
        <title>MACQUARIE GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2723556572"/>
          <other otherDesc="Internal" value="BLF9HL8"/>
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        <balance>150000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.74710000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT THIRTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1300011W09"/>
          <other otherDesc="Internal" value="6185666"/>
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        <balance>480000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nestle Finance International Ltd. SA</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
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          <isin value="XS2717310945"/>
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        <balance>3926000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>QUEENSLAND TREASURY CORPORATION</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>QUEENSLAND TREASURY CORP</title>
        <cusip>N/A</cusip>
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          <isin value="AU3SG0003064"/>
          <other otherDesc="Internal" value="BQXSGC6"/>
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        <balance>3600000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NIBC Bank N.V.</name>
        <lei>B64D6Y3LBJS4ANNPCU93</lei>
        <title>NIBC BANK NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3087726595"/>
          <other otherDesc="Internal" value="BNBTTT8"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Novo Nordisk Finance (Netherlands) B.V.</name>
        <lei>549300X0PCJ6M2JZQW91</lei>
        <title>NOVO NORDISK FINANCE NETHERLANDS BV</title>
        <cusip>N/A</cusip>
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          <isin value="XS2820455678"/>
          <other otherDesc="Internal" value="BPJK265"/>
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        <balance>917000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Novo Nordisk Finance (Netherlands) B.V.</name>
        <lei>549300X0PCJ6M2JZQW91</lei>
        <title>NOVO NORDISK FINANCE NETHERLANDS BV</title>
        <cusip>N/A</cusip>
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          <isin value="XS2820460751"/>
          <other otherDesc="Internal" value="BPJK607"/>
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        <balance>1775000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SWISS FRANC</name>
        <lei>N/A</lei>
        <title>SWISS FRANC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CHF"/>
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        <balance>50.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACTION LOGEMENT SERVICES SAS</name>
        <lei>969500O2QYH3YW92C551</lei>
        <title>ACTION LOGEMENT SERVICES</title>
        <cusip>N/A</cusip>
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          <isin value="FR001400CWI2"/>
          <other otherDesc="Internal" value="BN6MKZ5"/>
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        <balance>200000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>PSP Capital Inc.</name>
        <lei>549300B456N0WEIC5249</lei>
        <title>PSP CAPITAL INC</title>
        <cusip>N/A</cusip>
        <identifiers>
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          <other otherDesc="Internal" value="BQD3WD4"/>
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        <balance>600000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>E.ON International Finance B.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QUEENSLAND TREASURY CORPORATION</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>EXXON MOBIL CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BNY CAPITAL MARKETS</counterpartyName>
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        <name>SANOFI SA</name>
        <lei>549300E9PC51EN656011</lei>
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          <other otherDesc="Internal" value="BMGJY46"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PRUDENTIAL FUNDING (ASIA) PLC</name>
        <lei>2549005TNASWKLR0XC37</lei>
        <title>PRUDENTIAL PLC</title>
        <cusip>N/A</cusip>
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          <isin value="XS0096874671"/>
          <other otherDesc="Internal" value="0669694"/>
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        <balance>75000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV</title>
        <cusip>N/A</cusip>
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          <isin value="XS2910610364"/>
          <other otherDesc="Internal" value="BQTY7V4"/>
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        <balance>4000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>EQUINOR ASA</name>
        <lei>OW6OFBNCKXC4US5C7523</lei>
        <title>EQUINOR ASA</title>
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          <other otherDesc="Internal" value="BVG9ZF7"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TOTALENERGIES CAPITAL INTERNATIONAL SA</name>
        <lei>549300U37G2I8G4RUG09</lei>
        <title>TOTALENERGIES CAPITAL INTERNATIONAL SA</title>
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          <isin value="XS2004381245"/>
          <other otherDesc="Internal" value="BJVH875"/>
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        <balance>100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COOPERATIEVE RABOBANK UA AUSTRALIA</name>
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        <title>COOPERATIEVE RABOBANK UA AUSTRALIA</title>
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          <isin value="AU3FN0074530"/>
          <other otherDesc="Internal" value="BQJXYT8"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <name>REALTY INCOME CORPORATION</name>
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        <title>REALTY INCOME CORP</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Cooperatieve Rabobank U.A.</name>
        <lei>DG3RU1DBUFHT4ZF9WN62</lei>
        <title>COOPERATIEVE RABOBANK UA</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>NATIONAL GAS TRANSMISSION PLC</name>
        <lei>FPCHGTHKVH9ZWXS7S453</lei>
        <title>NATIONAL GAS TRANSMISSION PLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal" value="BMB3T59"/>
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        <balance>570000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Bayer Aktiengesellschaft</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>BAYER AG</title>
        <cusip>N/A</cusip>
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          <isin value="XS2630111719"/>
          <other otherDesc="Internal" value="BR1XXK7"/>
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        <balance>50000.00000000</balance>
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        <valUSD>63878.51000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>CaixaBank, S.A.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Region Ile de France</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TOTALENERGIES CAPITAL INTERNATIONAL SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Siemens Financieringsmaatschappij N.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Repubblica Italiana</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>ABN AMRO Bank N.V.</name>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LA BANQUE TORONTO-DOMINION</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>U S DOLLARS</name>
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          <other otherDesc="Internal" value="CCTUSD"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NATIONAL AUSTRALIA BANK LIMITED</name>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>U S DOLLARS</name>
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        <name>Vonovia SE</name>
        <lei>5299005A2ZEP6AP7KM81</lei>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Allianz Finance II B.V.</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>OMERS Finance Trust</name>
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        <name>Province of British Columbia</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ESB FINANCE DESIGNATED ACTIVITY COMPANY</name>
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        <title>ESB FINANCE DAC</title>
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        <name>TOTALENERGIES CAPITAL INTERNATIONAL SA</name>
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        <name>Province of Alberta</name>
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        <name>Siemens Financieringsmaatschappij N.V.</name>
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        <name>Treasury Corporation Of Victoria</name>
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        <name>Province of Ontario, Canada</name>
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        <name>WELLTOWER OP LLC</name>
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        <name>PSP Capital Inc.</name>
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        <name>HONEYWELL INTERNATIONAL INCORPORATION</name>
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        <name>Reino de Espana</name>
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        <name>Province of Ontario, Canada</name>
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        <name>Province de Quebec</name>
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        <name>T-MOBILE USA, INC.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T MOBILE USA INC</title>
        <cusip>87264ADK8</cusip>
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          <isin value="XS2746663074"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-08</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RCI BANQUE SA</name>
        <lei>96950001WI712W7PQG45</lei>
        <title>RCI BANQUE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400P3E2"/>
          <other otherDesc="Internal" value="BR87164"/>
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        <balance>2000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shell International Finance B.V.</name>
        <lei>213800ITMMKU4Z7I4F78</lei>
        <title>SHELL INTERNATIONAL FINANCE BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2154419118"/>
          <other otherDesc="Internal" value="BM9Y5C3"/>
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        <balance>6453000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Volkswagen Financial Services AG</name>
        <lei>529900SSGT49ZZSWYE62</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2941605235"/>
          <other otherDesc="Internal" value="BT6MFD0"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Digital Dutch Finco B.V.</name>
        <lei>549300ONZ5IS6B6IMJ70</lei>
        <title>DIGITAL DUTCH FINCO BV</title>
        <cusip>N/A</cusip>
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          <isin value="XS2898290916"/>
          <other otherDesc="Internal" value="BQXJKK5"/>
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        <balance>2042000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>N/A</cusip>
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          <isin value="XS3144675231"/>
          <other otherDesc="Internal" value="BRXCQW5"/>
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        <balance>100000.00000000</balance>
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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>2032-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL GRID PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2486461523"/>
          <other otherDesc="Internal" value="BNTCDB9"/>
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        <balance>772000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.24500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Siemens Financieringsmaatschappij N.V.</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>SIEMENS FINANCIERINGSMAT</title>
        <cusip>N/A</cusip>
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          <isin value="XS2769894135"/>
          <other otherDesc="Internal" value="BSNYFP4"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW SOUTH WALES TREASURY CORP</name>
        <lei>N/A</lei>
        <title>NEW SOUTH WALES TREASURY CORP</title>
        <cusip>BJ1619839</cusip>
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          <isin value="AU3SG0002165"/>
          <other otherDesc="Internal" value="BJP8HR7"/>
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        <balance>11000000.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>Province of Saskatchewan</name>
        <lei>549300FKDIB7OJMBSP83</lei>
        <title>PROVINCE OF SASKATCHEWAN CANADA</title>
        <cusip>ZB7805847</cusip>
        <identifiers>
          <isin value="XS2816664879"/>
          <other otherDesc="Internal" value="BQSB244"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>965329.12000000</valUSD>
        <pctVal>0.068855511939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="Provincial" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOTALENERGIES CAPITAL INTERNATIONAL SA</name>
        <lei>549300U37G2I8G4RUG09</lei>
        <title>TOTALENERGIES CAPITAL INTERNATIONAL SA</title>
        <cusip>N/A</cusip>
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          <isin value="XS2176569312"/>
          <other otherDesc="Internal" value="BMCTM79"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ABERTIS FRANCE SAS</name>
        <lei>9695004S3RCE0Q5V8G28</lei>
        <title>HOLDING D INFRASTRUCTURES DE TRANSPOR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2231183646"/>
          <other otherDesc="Internal" value="BN78DJ7"/>
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        <balance>1900000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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      <invstOrSec>
        <name>GREAT BRITISH POUND</name>
        <lei>N/A</lei>
        <title>GREAT BRITISH POUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTGBP"/>
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        <balance>-4179112.00000000</balance>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>CITIGROUP</counterpartyName>
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        <name>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
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          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>U S DOLLARS</name>
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          <other otherDesc="Internal" value="CCTUSD"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>RBC DOMINION SECURITIES</counterpartyName>
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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="BE0000356650"/>
          <other otherDesc="Internal" value="BPX4KN6"/>
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        <balance>1776000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>KOMMUNALBANKEN AS</name>
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        <name>Province de Quebec</name>
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        <name>PSP Capital Inc.</name>
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        <name>Philip Morris International Inc.</name>
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        <name>CREDIT AGRICOLE SA</name>
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        <name>UNIBAIL-RODAMCO-WESTFIELD SE</name>
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        <name>European Investment Bank</name>
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        <name>City of Montreal</name>
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        <name>Vlaamse Gemeenschap</name>
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        <name>Japan</name>
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        <title>JAPAN GOVERNMENT TWENTY YEAR BOND</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ABN AMRO Bank N.V.</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABN AMRO BANK NV</title>
        <cusip>N/A</cusip>
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          <isin value="XS3008633888"/>
          <other otherDesc="Internal" value="BQ7YBK3"/>
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        <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>
      <invstOrSec>
        <name>BNG BANK N.V.</name>
        <lei>529900GGYMNGRQTDOO93</lei>
        <title>BNG BANK NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2332592760"/>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-19</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY</name>
        <lei>549300OWFMSO9NYV4H90</lei>
        <title>BRITISH TELECOMMUNICATIONS PLC</title>
        <cusip>N/A</cusip>
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          <isin value="XS2675225531"/>
          <other otherDesc="Internal" value="BRBSH88"/>
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        <balance>378000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OP Yrityspankki Oyj</name>
        <lei>549300NQ588N7RWKBP98</lei>
        <title>OP CORPORATE BANK PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2948448563"/>
          <other otherDesc="Internal" value="BTHXJ07"/>
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        <balance>1676000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</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>Nestle Finance International Ltd. SA</name>
        <lei>0KLLMNHINTFDRMU6DI05</lei>
        <title>NESTLE FINANCE INTERNATIONAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2724943639"/>
          <other otherDesc="Internal" value="BLFJTF6"/>
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        <balance>5333000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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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>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="AUD"/>
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        <balance>13194.11000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
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        <pctVal>0.000659298921</pctVal>
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        <issuerConditional desc="currency" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Reino de Espana</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPAIN GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012932"/>
          <other otherDesc="Internal" value="B05L4R2"/>
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        <balance>64000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>82073.54000000</valUSD>
        <pctVal>0.005854185371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Statsministeriet, Departementet</name>
        <lei>549300PTO6LS1PTM6607</lei>
        <title>DENMARK GOVERNMENT BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0009924961"/>
          <other otherDesc="Internal" value="BTZ8T59"/>
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        <balance>2111000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="DKK" exchangeRt="6.27720000"/>
        <valUSD>323670.19000000</valUSD>
        <pctVal>0.023086920481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>TENNESSEE VALLEY AUTHORITY</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>TENNESSEE VALLEY AUTHORITY</title>
        <cusip>880591DP4</cusip>
        <identifiers>
          <isin value="US880591DP40"/>
          <other otherDesc="Internal" value="7160167"/>
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        <balance>220000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>314762.29000000</valUSD>
        <pctVal>0.022451533024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE</name>
        <lei>969500P04DQJS4BPM574</lei>
        <title>CAISSE D AMORTISSEMENT DE LA DETTE SOCIALE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400A3H2"/>
          <other otherDesc="Internal" value="BPW68V7"/>
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        <balance>3000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3270224.88000000</valUSD>
        <pctVal>0.233260349867</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>
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          <maturityDt>2032-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HONEYWELL INTERNATIONAL INCORPORATION</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>HONEYWELL INTERNATIONAL INC</title>
        <cusip>438516CG9</cusip>
        <identifiers>
          <isin value="XS2551903425"/>
          <other otherDesc="Internal" value="BLBRZ67"/>
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        <balance>1801000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>2228068.07000000</valUSD>
        <pctVal>0.158924831352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>E.ON International Finance B.V.</name>
        <lei>549300TG53AWJ719M814</lei>
        <title>E ON INTERNATIONAL FINANCE BV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0148579666"/>
          <other otherDesc="Internal" value="7370159"/>
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        <balance>855000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1267223.54000000</valUSD>
        <pctVal>0.090389198647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMCAST CORPORATION</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP</title>
        <cusip>20030NEM9</cusip>
        <identifiers>
          <isin value="XS2909746401"/>
          <other otherDesc="Internal" value="BQPG770"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>116574.98000000</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>2036-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM GILT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BQC82D08"/>
          <other otherDesc="Internal" value="BQC82D0"/>
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        <balance>167000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>216381.16000000</valUSD>
        <pctVal>0.015434151148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WPP FINANCE 2013</name>
        <lei>549300L84EKSLWWPGI24</lei>
        <title>WPP FINANCE 2013</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2782803147"/>
          <other otherDesc="Internal" value="BPBJWR1"/>
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        <balance>4872000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>5786861.42000000</valUSD>
        <pctVal>0.412768347436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Skandinaviska Enskilda Banken AB</name>
        <lei>F3JS33DEI6XQ4ZBPTN86</lei>
        <title>SKANDINAVISKA ENSKILDA BANKEN AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2993969323"/>
          <other otherDesc="Internal" value="BTCDL95"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>118724.74000000</valUSD>
        <pctVal>0.008468461774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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 DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>53191529.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-1363487.34000000</valUSD>
        <pctVal>-0.09725555447</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>RBC DOMINION SECURITIES</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>53191529.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>62061886.67000000</amtCurPur>
            <curPur>USD</curPur>
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            <unrealizedAppr>-1363487.34000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>UNITED KINGDOM GILT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BMGR2916"/>
          <other otherDesc="Internal" value="BMGR291"/>
        </identifiers>
        <balance>2349000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>2264014.09000000</valUSD>
        <pctVal>0.161488808298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</annualizedRt>
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          <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>B.A.T. INTERNATIONAL FINANCE P.L.C.</name>
        <lei>21380041YBGOQDFAC823</lei>
        <title>BAT INTERNATIONAL FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1664644983"/>
          <other otherDesc="Internal" value="BF52VY6"/>
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        <balance>361000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>416111.51000000</valUSD>
        <pctVal>0.029680624412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>4121848035.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-709774.50000000</valUSD>
        <pctVal>-0.05062717527</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>BNY CAPITAL MARKETS</counterpartyName>
              <counterpartyLei>VJW2DOOHGDT6PR0ZRO63</counterpartyLei>
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            <amtCurSold>4121848035.00000000</amtCurSold>
            <curSold>JPY</curSold>
            <amtCurPur>26126852.61000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-27</settlementDt>
            <unrealizedAppr>-709774.50000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW ZEALAND DOLLAR</name>
        <lei>N/A</lei>
        <title>NEW ZEALAND DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTNZD"/>
        </identifiers>
        <balance>-299689.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <currencyConditional curCd="NZD" exchangeRt="1.00000000"/>
        <valUSD>7624.99000000</valUSD>
        <pctVal>0.000543879366</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency Forward" issuerCat="OTHER"/>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>CITIGROUP</counterpartyName>
              <counterpartyLei>6SHGI4ZSSLCXXQSBB395</counterpartyLei>
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            <amtCurSold>173654.76000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>299689.00000000</amtCurPur>
            <curPur>NZD</curPur>
            <settlementDt>2026-02-05</settlementDt>
            <unrealizedAppr>7624.99000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>AUSTRALIA NEW ZEALAND BANKING GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3FN0084398"/>
          <other otherDesc="Internal" value="BN7B4M6"/>
        </identifiers>
        <balance>4900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>3472102.00000000</valUSD>
        <pctVal>0.247659949090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.60490000</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>BLACKROCK, INC.</name>
        <lei>529900VBK42Y5HHRMD23</lei>
        <title>BLACKROCK INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3038485689"/>
          <other otherDesc="Internal" value="BSB9YZ4"/>
        </identifiers>
        <balance>6267000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>7628372.25000000</valUSD>
        <pctVal>0.544120617159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>Republique Francaise</name>
        <lei>969500KCGF3SUYJHPV70</lei>
        <title>FRANCE GOVT OF</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0014009O62"/>
          <other otherDesc="Internal" value="BNRPSJ3"/>
        </identifiers>
        <balance>4236000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3827880.96000000</valUSD>
        <pctVal>0.273037141097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</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>La Compagnie de Telephone Bell du Canada ou Bell Canada</name>
        <lei>5493000G3EFX9S7TDE29</lei>
        <title>BELL TELEPHONE CO OF CANADA OR BELL CANADA</title>
        <cusip>07813ZCR3</cusip>
        <identifiers>
          <isin value="CA07813ZCR34"/>
          <other otherDesc="Internal" value="BPP0690"/>
        </identifiers>
        <balance>6000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>4686482.30000000</valUSD>
        <pctVal>0.334279916843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</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>CREDIT MUTUEL ARKEA SA</name>
        <lei>96950041VJ1QP0B69503</lei>
        <title>CREDIT MUTUEL ARKEA SA</title>
        <cusip>DA9303490</cusip>
        <identifiers>
          <isin value="FR00140143T9"/>
          <other otherDesc="Internal" value="BNDY5H1"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>835340.60000000</valUSD>
        <pctVal>0.059583621238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12800000</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>BASF SE</name>
        <lei>529900PM64WH8AF1E917</lei>
        <title>BASF SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2595418679"/>
          <other otherDesc="Internal" value="BQT54M7"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1022552.82000000</valUSD>
        <pctVal>0.072937194628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT THIRTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP13000611B1"/>
          <other otherDesc="Internal" value="6421757"/>
        </identifiers>
        <balance>651200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>4371896.59000000</valUSD>
        <pctVal>0.311840979011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</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>Aktiebolaget Electrolux</name>
        <lei>549300Y3HHZB1ZGFPJ93</lei>
        <title>ELECTROLUX AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2475919663"/>
          <other otherDesc="Internal" value="BLDBD18"/>
        </identifiers>
        <balance>1160000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1338982.94000000</valUSD>
        <pctVal>0.095507691523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-18</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>
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      </invstOrSec>
      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400F083"/>
          <other otherDesc="Internal" value="BNNLT92"/>
        </identifiers>
        <balance>2900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>3641351.10000000</valUSD>
        <pctVal>0.259732239446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Japan</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>JAPAN GOVERNMENT TWENTY YEAR BOND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1201811N77"/>
          <other otherDesc="Internal" value="BP2FS92"/>
        </identifiers>
        <balance>1922150000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="154.26000000"/>
        <valUSD>9156566.37000000</valUSD>
        <pctVal>0.653124464961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.90000000</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>U S DOLLARS</name>
        <lei>N/A</lei>
        <title>U S DOLLARS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CCTUSD"/>
        </identifiers>
        <balance>2026902.00000000</balance>
        <units>OU</units>
        <descOthUnits>Contract Amount</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>-64117.61000000</valUSD>
        <pctVal>-0.00457341519</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>
              <counterpartyLei>6SHGI4ZSSLCXXQSBB395</counterpartyLei>
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            <amtCurSold>2026902.00000000</amtCurSold>
            <curSold>NZD</curSold>
            <amtCurPur>1163708.29000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2026-03-16</settlementDt>
            <unrealizedAppr>-64117.61000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC STORAGE OPERATING COMPANY</name>
        <lei>549300LMZF40TKJ6DM64</lei>
        <title>PUBLIC STORAGE</title>
        <cusip>74460DAE9</cusip>
        <identifiers>
          <isin value="XS2108490090"/>
          <other otherDesc="Internal" value="BL2GZ07"/>
        </identifiers>
        <balance>451000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>468317.03000000</valUSD>
        <pctVal>0.033404367673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-24</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>Ontario Teachers' Finance Trust</name>
        <lei>635400ZZE5J8OXXBBY26</lei>
        <title>ONTARIO TEACHERS FINANCE TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2475514092"/>
          <other otherDesc="Internal" value="BMX3VD9"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>334535.71000000</valUSD>
        <pctVal>0.023861942105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.85000000</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>CADENT FINANCE PLC</name>
        <lei>5493005M8TJ0J6IMUF67</lei>
        <title>CADENT FINANCE PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2062820290"/>
          <other otherDesc="Internal" value="BK5GM39"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>207976.04000000</valUSD>
        <pctVal>0.014834626251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>Western Australian Treasury Corporation</name>
        <lei>213800FKHP5ME5Y3CF47</lei>
        <title>WESTERN AUSTRALIAN TREASURY CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU3SG0001985"/>
          <other otherDesc="Internal" value="BJRCF40"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.42745000"/>
        <valUSD>547774.00000000</valUSD>
        <pctVal>0.039071916940</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>2034-10-24</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>COMCAST CORPORATION</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>COMCAST CORP</title>
        <cusip>20030NEN7</cusip>
        <identifiers>
          <isin value="XS2909746666"/>
          <other otherDesc="Internal" value="BQPDNV7"/>
        </identifiers>
        <balance>626000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>804886.08000000</valUSD>
        <pctVal>0.057411344942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2345317510"/>
          <other otherDesc="Internal" value="BMYH743"/>
        </identifiers>
        <balance>825000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>922056.06000000</valUSD>
        <pctVal>0.065768907963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-06</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>MASTERCARD INCORPORATED.</name>
        <lei>AR5L2ODV9HN37376R084</lei>
        <title>MASTERCARD INC</title>
        <cusip>57636QAV6</cusip>
        <identifiers>
          <isin value="XS2448014808"/>
          <other otherDesc="Internal" value="BN70YZ6"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>113554.13000000</valUSD>
        <pctVal>0.008099649738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</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>NYKREDIT REALKREDIT A/S</name>
        <lei>LIU16F6VZJSD6UKHD557</lei>
        <title>NYKREDIT REALKREDIT AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DK0030394986"/>
          <other otherDesc="Internal" value="BQC83F9"/>
        </identifiers>
        <balance>441000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>540894.99000000</valUSD>
        <pctVal>0.038581247234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>CK Hutchison Group Telecom Finance S.A.</name>
        <lei>254900OM17Q9YNDIUG82</lei>
        <title>CK HUTCHISON GROUP TELECOM FINANCE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2057070182"/>
          <other otherDesc="Internal" value="BL1FDW3"/>
        </identifiers>
        <balance>1120000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>1213723.57000000</valUSD>
        <pctVal>0.086573124164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-17</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>VERIZON COMMUNICATIONS INC.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VERIZON COMMUNICATIONS INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2320760114"/>
          <other otherDesc="Internal" value="BNC5VH7"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>329684.11000000</valUSD>
        <pctVal>0.023515884584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</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>ELECTRICITE DE FRANCE SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>ELECTRICITE DE FRANCE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010763177"/>
          <other otherDesc="Internal" value="B4ZMVJ4"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>357222.69000000</valUSD>
        <pctVal>0.025480171152</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>2034-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>SEGRO PUBLIC LIMITED COMPANY</name>
        <lei>213800XC35KGM9NFC641</lei>
        <title>SEGRO PLC</title>
        <cusip>YV8038288</cusip>
        <identifiers>
          <isin value="XS2905579095"/>
          <other otherDesc="Internal" value="BSRGZ56"/>
        </identifiers>
        <balance>4149000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>4936732.74000000</valUSD>
        <pctVal>0.352129914116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>ALPHABET INC.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC</title>
        <cusip>02079KAR8</cusip>
        <identifiers>
          <isin value="XS3064425468"/>
          <other otherDesc="Internal" value="BPJJXJ2"/>
        </identifiers>
        <balance>839000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84058000"/>
        <valUSD>971950.42000000</valUSD>
        <pctVal>0.069327799568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>CANADIAN DOLLAR</name>
        <lei>N/A</lei>
        <title>CANADIAN DOLLAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="CAD"/>
        </identifiers>
        <balance>4844.14000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.35415000"/>
        <valUSD>3577.26000000</valUSD>
        <pctVal>0.000255160715</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetConditional assetCat="OTHER" desc="currency"/>
        <issuerConditional desc="currency" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR001400ISF3"/>
          <other otherDesc="Internal" value="BPXXZZ0"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.72873000"/>
        <valUSD>1031556.01000000</valUSD>
        <pctVal>0.073579378981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly total returns reported under item B.5.a do not include any sales or redemption charges, as applicable." noteItem="B.5.a"/>
      <explntrNote note="For purposes of Item C.6 identifying restricted securities, a security that is subject to Rule 144A under the Securities Act of 1933, as amended, is identified as a restricted security only if the fund cannot sell the security to qualified institutional buyers at the report date due to the restrictions under Rule 144A." noteItem="C.6"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-02</ncom:dateSigned>
      <ncom:nameOfApplicant>Dimensional ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Randy Olson</ncom:signature>
      <ncom:signerName>Randy Olson</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
