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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LANDESBANK HESSEN-THURINGEN (UNGTD)</name>
        <lei>DIZES5CFO5K3I5R58746</lei>
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        <cusip>51489GB30</cusip>
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          <ticker value="LANHNY"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
        <title>CREDIT SUISSE AG NY BRNCH YCP .0188 03/09/2020</title>
        <cusip>2254EAC92</cusip>
        <identifiers>
          <ticker value="CSFBNY"/>
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        <curCd>USD</curCd>
        <valUSD>13948748.80000000</valUSD>
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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>2020-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01880000</annualizedRt>
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      <invstOrSec>
        <name>GOTHAM FUNDING CORP</name>
        <lei>549300Z2ZR7VTUMRPR17</lei>
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        <cusip>38346LCC8</cusip>
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          <ticker value="GOTFUN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01890000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0188 03/03/2020</title>
        <cusip>04821TC37</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49837690.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01880000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABN AMRO FDG USA LLC</name>
        <lei>N/A</lei>
        <title>ABN AMRO FDG USA LLC CP .0185 04/06/2020</title>
        <cusip>00084BD68</cusip>
        <identifiers>
          <ticker value="ABNFUN"/>
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        <balance>43000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42776154.90000000</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>2020-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</annualizedRt>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MOTOR CREDIT CORP CP .0195 04/15/2020</title>
        <cusip>89233GDF0</cusip>
        <identifiers>
          <ticker value="TOYCC"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39778576.00000000</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>2020-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01950000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK AUSTRALIA VCP 1ML+18 03/13/2020</title>
        <cusip>20272AM60</cusip>
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          <isin value="US20272AM600"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40001960.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01920500</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0213 01/21/2020</title>
        <cusip>04821TAM7</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2996888.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02130000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
        <title>CREDIT SUISSE AG NY BRNCH YCP .01888 03/27/2020</title>
        <cusip>2254EACT8</cusip>
        <identifiers>
          <ticker value="CSFBNY"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24884605.00000000</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>2020-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01888000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MOTOR CREDIT CORP CP .0216 02/21/2020</title>
        <cusip>89233GBM7</cusip>
        <identifiers>
          <ticker value="TOYCC"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10971034.80000000</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>2020-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02160000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .0189 03/24/2020</title>
        <cusip>86564YCQ3</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14932099.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01890000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MANHATTAN ASSET FDG CO LLC IAM COML PAPER 4/2</name>
        <lei>549300S0NSJYSOB32S63</lei>
        <title>MANHATTAN ASSET FDG CO LLC CP .0208 01/02/2020</title>
        <cusip>56274LA20</cusip>
        <identifiers>
          <ticker value="MANASF"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5999384.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02080000</annualizedRt>
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      <invstOrSec>
        <name>MIZUHO BANK LTD NY BRANCH</name>
        <lei>RB0PEZSDGCO3JS6CEU02</lei>
        <title>MIZUHO BANK LTD NY BRANCH CP .01915 02/24/2020</title>
        <cusip>60689FBQ0</cusip>
        <identifiers>
          <ticker value="MIZUNY"/>
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        <balance>45000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44873293.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01915000</annualizedRt>
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      <invstOrSec>
        <name>SVENSKA HANDELSBANKEN AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB YCP .01995 03/16/2020</title>
        <cusip>86960JCG8</cusip>
        <identifiers>
          <ticker value="SVSKHD"/>
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        <balance>28000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27894722.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01995000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
        <title>CREDIT SUISSE AG NY BRNCH YCP .01887 03/13/2020</title>
        <cusip>2254EACD3</cusip>
        <identifiers>
          <ticker value="CSFBNY"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39845076.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01887000</annualizedRt>
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      <invstOrSec>
        <name>LIBERTY STREET FUNDING LLC</name>
        <lei>549300F33VRHM10B9391</lei>
        <title>LIBERTY STREET FUNDING LLC CP .0205 04/02/2020</title>
        <cusip>53127TD26</cusip>
        <identifiers>
          <ticker value="LIBST"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1990581.20000000</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>2020-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02050000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .021 01/14/2020</title>
        <cusip>04821TAE5</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39972872.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CREDIT SUISSE AG NY BRNCH</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OMERS FINANCE TRUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORP</name>
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      <invstOrSec>
        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LIBERTY STREET FUNDING LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02050000</annualizedRt>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA VCP 1ML+18 04/15/2020</title>
        <cusip>78014XDF1</cusip>
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          <isin value="US78014XDF15"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40005404.00000000</valUSD>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01919750</annualizedRt>
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      <invstOrSec>
        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
        <title>NATIONAL BANK OF CANADA YCP .0188 05/08/2020</title>
        <cusip>63307LE80</cusip>
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          <ticker value="NABKCN"/>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01880000</annualizedRt>
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        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>COMMONWEALTH BANK AUSTRALIA YCP .02045 03/20/2020</title>
        <cusip>20272DCL2</cusip>
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          <ticker value="CBAPP"/>
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        <curCd>USD</curCd>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.02045000</annualizedRt>
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        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA VCP 1ML+13 02/18/2020</title>
        <cusip>06417LLJ4</cusip>
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        <balance>40000000.00000000</balance>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MANHATTAN ASSET FDG CO LLC IAM COML PAPER 4/2</name>
        <lei>549300S0NSJYSOB32S63</lei>
        <title>MANHATTAN ASSET FDG CO LLC CP .0213 01/17/2020</title>
        <cusip>56274LAH7</cusip>
        <identifiers>
          <ticker value="MANASF"/>
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        <balance>20000000.00000000</balance>
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        <valUSD>19983388.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02130000</annualizedRt>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP PARIBAS YCP .0188 03/05/2020</title>
        <cusip>09660EC58</cusip>
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          <ticker value="BNPPRI"/>
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        <balance>14000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-05</maturityDt>
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          <annualizedRt>0.01880000</annualizedRt>
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        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .0189 04/08/2020</title>
        <cusip>86564YD82</cusip>
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        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .0201 02/10/2020</title>
        <cusip>86564YBA9</cusip>
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          <ticker value="SUMTSG"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UBS AG LONDN BRANCH</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LON BRANCH YCP .02 04/23/2020</title>
        <cusip>90351WDP7</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-23</maturityDt>
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          <annualizedRt>0.02000000</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI BKG CORP</name>
        <lei>5U0XI89JRFVHWIBS4F54</lei>
        <title>SUMITOMO MITSUI BKG CORP YCP .021 01/16/2020</title>
        <cusip>86562KAG9</cusip>
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          <ticker value="SUMIBK"/>
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        <valUSD>39969476.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02100000</annualizedRt>
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        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
        <title>CREDIT SUISSE AG NY BRNCH YCP .01887 03/17/2020</title>
        <cusip>2254EACH4</cusip>
        <identifiers>
          <ticker value="CSFBNY"/>
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        <balance>40000000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OMERS FINANCE TRUST</name>
        <lei>529900M039WCPES03P17</lei>
        <title>OMERS FINANCE TRUST CP .0184 02/19/2020</title>
        <cusip>68217XBK8</cusip>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-19</maturityDt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM VCP 1ML+28 07/20/2020</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.02079380</annualizedRt>
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      <invstOrSec>
        <name>MANHATTAN ASSET FDG CO LLC IAM COML PAPER 4/2</name>
        <lei>549300S0NSJYSOB32S63</lei>
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        <cusip>56274LBC7</cusip>
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          <ticker value="MANASF"/>
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        <valUSD>49891905.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-12</maturityDt>
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      <invstOrSec>
        <name>MIZUHO BANK LTD NY BRANCH</name>
        <lei>RB0PEZSDGCO3JS6CEU02</lei>
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        <cusip>60689FBA5</cusip>
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          <ticker value="MIZUNY"/>
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        <balance>40000000.00000000</balance>
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        <valUSD>39915584.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01985000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ASB FINANCE LTD (LONDON)</name>
        <lei>549300A8V0FZJN79NH08</lei>
        <title>ASB FINANCE LTD (LONDON) YCP .0185 03/12/2020</title>
        <cusip>0020P2CC8</cusip>
        <identifiers>
          <ticker value="ASBFIN"/>
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        <balance>26000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25908688.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>NATIONAL AUSTRALIA BANK LTD YCP .0203 04/01/2020</title>
        <cusip>63254ED15</cusip>
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          <ticker value="NABLTD"/>
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        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9953923.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02030000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANDESBANK HESSEN-THURINGEN (UNGTD)</name>
        <lei>DIZES5CFO5K3I5R58746</lei>
        <title>LANDESBANK HESS-THURNGN(UNGTD) YCP .0185 02/27/2020</title>
        <cusip>51489GBT3</cusip>
        <identifiers>
          <ticker value="LANHNY"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39894440.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</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>PSP CAP INC</name>
        <lei>N/A</lei>
        <title>PSP CAP INC YCP .0197 03/02/2020</title>
        <cusip>69370AC28</cusip>
        <identifiers>
          <ticker value="PSPCPI"/>
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        <balance>30000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29907621.00000000</valUSD>
        <pctVal>0.654634558796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01970000</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>UBS AG LONDN BRANCH</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LON BRANCH VCP 3ML+10 06/10/2020</title>
        <cusip>90276JJH0</cusip>
        <identifiers>
          <isin value="US90276JJH05"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3999990.40000000</valUSD>
        <pctVal>0.087554003399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01990500</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0213 01/22/2020</title>
        <cusip>04821TAN5</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2996738.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02130000</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>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MTR CR CORP IAM CP 3/A3 VCP 1ML+18 03/03/2020</title>
        <cusip>89233A3J6</cusip>
        <identifiers>
          <isin value="US89233A3J65"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40008700.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01893130</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC CP .0194 03/09/2020</title>
        <cusip>17327AC96</cusip>
        <identifiers>
          <ticker value="CGMICP"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39866140.00000000</valUSD>
        <pctVal>0.872612133537</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01940000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SVENSKA HANDELSBANKEN AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB VCP 1ML+19 06/05/2020</title>
        <cusip>86960LAC4</cusip>
        <identifiers>
          <isin value="US86960LAC46"/>
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        <balance>50000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49996880.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01903130</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC / BARCLAYS US CCP FUNDING LLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>BARCLAYS BANK PLC (CCP FDG) YCP .02 02/21/2020</title>
        <cusip>06742VCD1</cusip>
        <identifiers>
          <ticker value="BARCCP"/>
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        <balance>11969000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11935685.49000000</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>2020-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>NATIXIS NY BRH</name>
        <lei>KX1WK48MPD4Y2NCUIZ63</lei>
        <title>NATIXIS NY BRH YCP .01986316 02/18/2020</title>
        <cusip>63873JBJ8</cusip>
        <identifiers>
          <ticker value="NATXNY"/>
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        <balance>45000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44886379.50000000</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>2020-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01986316</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>ONTARIO TEACHERS' FINANCE TRUST</name>
        <lei>635400ZZE5J8OXXBBY26</lei>
        <title>ONTARIO TEACHERS' FINANCE TRUST YCP .0184 07/14/2020</title>
        <cusip>68328GGE0</cusip>
        <identifiers>
          <ticker value="ONTTEA"/>
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        <balance>35000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34649951.00000000</valUSD>
        <pctVal>0.758437302158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01840000</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>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM VCP 3ML+9 09/08/2020</title>
        <cusip>13608CJK9</cusip>
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        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC</name>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
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        <name>DZ BANK AG DEUTSCHE ZENTRAL GE NOSSENSCHAFTSBANK - NEW YORK BRANCH</name>
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      <invstOrSec>
        <name>DNB BANK ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
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      <invstOrSec>
        <name>FEDERATION DES CAISSES DESJARD INS DU QUEBEC</name>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
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        <name>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CREDIT AGRICOLE CIB NY BRH</name>
        <lei>1VUV7VQFKUOQSJ21A208</lei>
        <title>CREDIT AGRICOLE CIB NY BRH YCP .0154 01/02/2020</title>
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        <name>OMERS FINANCE TRUST</name>
        <lei>529900M039WCPES03P17</lei>
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        <cusip>68217XA86</cusip>
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        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <cusip>13608CHZ8</cusip>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC CP .019 03/27/2020</title>
        <cusip>17327ACT2</cusip>
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          <ticker value="CGMICP"/>
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        <name>MANHATTAN ASSET FDG CO LLC IAM COML PAPER 4/2</name>
        <lei>549300S0NSJYSOB32S63</lei>
        <title>MANHATTAN ASSET FDG CO LLC CP .0191 03/10/2020</title>
        <cusip>56274LCA0</cusip>
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          <ticker value="MANASF"/>
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      <invstOrSec>
        <name>LIBERTY STREET FUNDING LLC</name>
        <lei>549300F33VRHM10B9391</lei>
        <title>LIBERTY STREET FUNDING LLC CP .0205 04/03/2020</title>
        <cusip>53127TD34</cusip>
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          <ticker value="LIBST"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-03</maturityDt>
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          <annualizedRt>0.02050000</annualizedRt>
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      <invstOrSec>
        <name>AUSTRALIA and NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>AUSTRALIA and N ZEAL BKG GRP LTD YCP .01815 02/21/2020</title>
        <cusip>05253ABM1</cusip>
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          <ticker value="ANZ"/>
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        <valUSD>49871085.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA VCP 1ML+13 02/10/2020</title>
        <cusip>78014XCJ4</cusip>
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          <isin value="US78014XCJ46"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40004160.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01845130</annualizedRt>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TR and BK SING BRH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK SING BRH YCP .0215 01/22/2020</title>
        <cusip>60682YAN4</cusip>
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          <ticker value="MITTSG"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-22</maturityDt>
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          <annualizedRt>0.02150000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK VCP 3ML+9 08/17/2020</title>
        <cusip>89120DQT9</cusip>
        <identifiers>
          <isin value="US89120DQT99"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40004844.00000000</valUSD>
        <pctVal>0.875648163445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01999880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA VCP 1ML+25 08/13/2020</title>
        <cusip>06417LNW3</cusip>
        <identifiers>
          <isin value="US06417LNW36"/>
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        <balance>14000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13999224.40000000</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>2020-08-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01990500</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PSP CAP INC</name>
        <lei>N/A</lei>
        <title>PSP CAP INC YCP .0198 03/05/2020</title>
        <cusip>69370AC51</cusip>
        <identifiers>
          <ticker value="PSPCPI"/>
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        <balance>28000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27909758.80000000</valUSD>
        <pctVal>0.610904245381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01980000</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>UBS AG LONDN BRANCH</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LON BRANCH VCP 3ML+10 06/04/2020</title>
        <cusip>90276JJC1</cusip>
        <identifiers>
          <isin value="US90276JJC18"/>
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        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5999982.60000000</valUSD>
        <pctVal>0.131330939433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02000130</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>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .02 02/10/2020</title>
        <cusip>86564YBA9</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
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        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19959068.00000000</valUSD>
        <pctVal>0.436875125379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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 AUSTRALIA VCP 3ML+5 06/10/2020</title>
        <cusip>20272AP59</cusip>
        <identifiers>
          <isin value="US20272AP595"/>
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        <balance>50000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49999875.00000000</valUSD>
        <pctVal>1.094424933047</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01940500</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SVENSKA HANDELSBANKEN AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB YCP .01985 02/12/2020</title>
        <cusip>86960JBC8</cusip>
        <identifiers>
          <ticker value="SVSKHD"/>
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        <balance>28000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27940570.00000000</valUSD>
        <pctVal>0.611578657977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01985000</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>HSBC USA INC</name>
        <lei>549300LBOHZ4QSIWU288</lei>
        <title>HSBC USA INC NEW YCP .022 01/28/2020</title>
        <cusip>40434PAU0</cusip>
        <identifiers>
          <ticker value="HSBCUI"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39944808.00000000</valUSD>
        <pctVal>0.874334062254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MUFG BANK LTD NY BR</name>
        <lei>C3GTMMZIHMY46P4OIX74</lei>
        <title>MUFG BANK LTD NY BR CP .0203 01/23/2020</title>
        <cusip>62479LAP0</cusip>
        <identifiers>
          <ticker value="MUFGBK"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39954104.00000000</valUSD>
        <pctVal>0.874537538247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02030000</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>ABN AMRO FDG USA LLC</name>
        <lei>N/A</lei>
        <title>ABN AMRO FDG USA LLC CP .0203 01/06/2020</title>
        <cusip>00084BA61</cusip>
        <identifiers>
          <ticker value="ABNFUN"/>
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        <balance>32000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31991497.60000000</valUSD>
        <pctVal>0.700247602998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02030000</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>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0213 01/23/2020</title>
        <cusip>04821TAP0</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2996586.30000000</valUSD>
        <pctVal>0.065590939192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02130000</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>LANDESBANK HESSEN-THURINGEN (UNGTD)</name>
        <lei>DIZES5CFO5K3I5R58746</lei>
        <title>LANDESBANK HESS-THURNGN(UNGTD) YCP .0185 02/13/2020</title>
        <cusip>51489GBD8</cusip>
        <identifiers>
          <ticker value="LANHNY"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39920604.00000000</valUSD>
        <pctVal>0.873804271708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</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>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA VCP 3ML+9 09/04/2020</title>
        <cusip>78014XFA0</cusip>
        <identifiers>
          <ticker value="RYCP"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40002540.00000000</valUSD>
        <pctVal>0.875597732218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01990130</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>LIBERTY STREET FUNDING LLC</name>
        <lei>549300F33VRHM10B9391</lei>
        <title>LIBERTY STREET FUNDING LLC CP .0203 01/31/2020</title>
        <cusip>53127TAX1</cusip>
        <identifiers>
          <ticker value="LIBST"/>
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        <balance>32000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31949020.80000000</valUSD>
        <pctVal>0.699317847293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02030000</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>NATIONAL BANK OF CANADA</name>
        <lei>BSGEFEIOM18Y80CKCV46</lei>
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        <cusip>63307NEJ2</cusip>
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          <isin value="US63307NEJ28"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <cusip>78014XEZ6</cusip>
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          <isin value="US78014XEZ69"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.01998630</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <cusip>06417LNJ2</cusip>
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          <isin value="US06417LNJ25"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02019750</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK YCP .0185 04/06/2020</title>
        <cusip>89119AD62</cusip>
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          <ticker value="TDBANK"/>
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        <curCd>USD</curCd>
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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>2020-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TR and BK SING BRH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK SING BRH YCP .02 02/07/2020</title>
        <cusip>60682YB78</cusip>
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          <ticker value="MITTSG"/>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-07</maturityDt>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>NATIONAL AUSTRALIA BANK LTD VCP 1ML+19 05/06/2020</title>
        <cusip>63254GLP8</cusip>
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          <isin value="US63254GLP80"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-05-06</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONTARIO TEACHERS' FINANCE TRUST</name>
        <lei>635400ZZE5J8OXXBBY26</lei>
        <title>ONTARIO TEACHERS' FINANCE TRUST YCP .0196 05/01/2020</title>
        <cusip>68328GE10</cusip>
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          <ticker value="ONTTEA"/>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-05-01</maturityDt>
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          <annualizedRt>0.01960000</annualizedRt>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK VCP 1ML+28 07/23/2020</title>
        <cusip>89120DPQ6</cusip>
        <identifiers>
          <isin value="US89120DPQ69"/>
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        <balance>39000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39011021.40000000</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>2020-07-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02065130</annualizedRt>
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      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0188 02/12/2020</title>
        <cusip>04821TBC8</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>36700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36621531.73000000</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>2020-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01880000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
        <title>CREDIT SUISSE AG NY BRNCH YCP .0211 01/27/2020</title>
        <cusip>2254EAAT0</cusip>
        <identifiers>
          <ticker value="CSFBNY"/>
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        <balance>16000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15977968.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02110000</annualizedRt>
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      <invstOrSec>
        <name>BANK OF MONTREAL CHICAG BRH IL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>BANK OF MONTREAL CHICAG BRH IL YCP .0184 02/26/2020</title>
        <cusip>06366GBS7</cusip>
        <identifiers>
          <ticker value="BMOCHI"/>
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        <balance>45000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44870611.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01840000</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .0205 01/31/2020</title>
        <cusip>86564YAX0</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19969638.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02050000</annualizedRt>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC CP .0201 02/10/2020</title>
        <cusip>17327ABA4</cusip>
        <identifiers>
          <ticker value="CGMICP"/>
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        <balance>4000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02010000</annualizedRt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM VCP 1ML+15 01/24/2020</title>
        <cusip>13608CHL9</cusip>
        <identifiers>
          <isin value="US13608CHL90"/>
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        <balance>40000000.00000000</balance>
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        <valUSD>40005228.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01929880</annualizedRt>
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      <invstOrSec>
        <name>MANHATTAN ASSET FDG CO LLC IAM COML PAPER 4/2</name>
        <lei>549300S0NSJYSOB32S63</lei>
        <title>MANHATTAN ASSET FDG CO LLC CP .0191 03/09/2020</title>
        <cusip>56274LC93</cusip>
        <identifiers>
          <ticker value="MANASF"/>
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        <balance>29425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29320776.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01910000</annualizedRt>
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      <invstOrSec>
        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
        <title>CREDIT SUISSE AG NY BRNCH YCP .0188 03/11/2020</title>
        <cusip>2254EACB7</cusip>
        <identifiers>
          <ticker value="CSFBNY"/>
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        <curCd>USD</curCd>
        <valUSD>12951030.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01880000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK VCP 3ML+10 09/16/2020</title>
        <cusip>89120DR43</cusip>
        <identifiers>
          <isin value="US89120DR438"/>
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        <balance>30000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30002073.00000000</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>2020-09-16</maturityDt>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN SECURITIES LLC</name>
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        <cusip>46590DDT4</cusip>
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          <ticker value="JPMSCP"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-27</maturityDt>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH</name>
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        <cusip>60682WBD9</cusip>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <cusip>78014XEY9</cusip>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-26</maturityDt>
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          <annualizedRt>0.01997250</annualizedRt>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TRUST and BANKING CORP NY BRANCH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK NY BRH YCP .0213 01/15/2020</title>
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          <ticker value="MITTNY"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK VCP 3ML+9 08/26/2020</title>
        <cusip>89120DQW2</cusip>
        <identifiers>
          <isin value="US89120DQW29"/>
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        <balance>45000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02007250</annualizedRt>
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      <invstOrSec>
        <name>ASB FINANCE LTD (LONDON)</name>
        <lei>549300A8V0FZJN79NH08</lei>
        <title>ASB FINANCE LTD (LONDON) YCP .0192 04/06/2020</title>
        <cusip>0020P2D60</cusip>
        <identifiers>
          <ticker value="ASBFIN"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49759520.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01920000</annualizedRt>
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      <invstOrSec>
        <name>SVENSKA HANDELSBANKEN AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>SVENSKA HANDELSBANKEN AB YCP .0198 02/21/2020</title>
        <cusip>86960JBM6</cusip>
        <identifiers>
          <ticker value="SVSKHD"/>
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        <balance>29000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28925939.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01980000</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .021 01/16/2020</title>
        <cusip>86564YAG7</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39970864.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02100000</annualizedRt>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE CP YCP 2% 03/23/2020</title>
        <cusip>05571BCP6</cusip>
        <identifiers>
          <ticker value="BPCEGP"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49783165.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .0195 02/27/2020</title>
        <cusip>86564YBT8</cusip>
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          <ticker value="SUMTSG"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ING US FUNDING LLC</name>
        <lei>N/A</lei>
        <title>ING US FUNDING LLC YCP .0185 03/05/2020</title>
        <cusip>4497W0C55</cusip>
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          <ticker value="INGFDG"/>
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        <curCd>USD</curCd>
        <valUSD>39872384.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</annualizedRt>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE COML PAPER 4/2 YCP 1.88% 03/12/2020</title>
        <cusip>05571BCC5</cusip>
        <identifiers>
          <ticker value="BPCEGP"/>
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        <balance>55000000.00000000</balance>
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        <valUSD>54794740.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01880000</annualizedRt>
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      <invstOrSec>
        <name>FEDERATION DES CAISSES DESJARD INS DU QUEBEC</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>FEDERATION DES CAISE DESJARDIN YCP .0191 04/24/2020</title>
        <cusip>31428FDQ5</cusip>
        <identifiers>
          <ticker value="CCDJFQ"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39767828.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01910000</annualizedRt>
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      <invstOrSec>
        <name>DNB BANK ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
        <title>DNB BANK ASA YCP .01975 02/21/2020</title>
        <cusip>2332K0BM3</cusip>
        <identifiers>
          <ticker value="DNBNBK"/>
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        <balance>40000000.00000000</balance>
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        <valUSD>39902184.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01975000</annualizedRt>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>ROYAL BANK OF CANADA VCP 1ML+13 03/09/2020</title>
        <cusip>78014XCM7</cusip>
        <identifiers>
          <isin value="US78014XCM74"/>
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        <balance>30000000.00000000</balance>
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        <valUSD>30003807.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01840130</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE CP YCP 1.89% 03/31/2020</title>
        <cusip>05571BCX9</cusip>
        <identifiers>
          <ticker value="BPCEGP"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49761125.00000000</valUSD>
        <pctVal>1.089199040927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
      <invstOrSec>
        <name>DNB BANK ASA</name>
        <lei>549300GKFG0RYRRQ1414</lei>
        <title>DNB BANK ASA YCP .0198 03/02/2020</title>
        <cusip>2332K0C26</cusip>
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          <ticker value="DNBNBK"/>
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        <curCd>USD</curCd>
        <valUSD>13958142.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01980000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
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        <cusip>06417LNK9</cusip>
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          <isin value="US06417LNK97"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40006664.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02065130</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>THE TORONTO DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO DOMINION BANK VCP 3ML+3 02/06/2020</title>
        <cusip>89120DMQ9</cusip>
        <identifiers>
          <isin value="US89120DMQ96"/>
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        <balance>22000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22000915.20000000</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>2020-02-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01938250</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ABN AMRO FDG USA LLC</name>
        <lei>N/A</lei>
        <title>ABN AMRO FDG USA LLC CP .0183 03/25/2020</title>
        <cusip>00084BCR3</cusip>
        <identifiers>
          <ticker value="ABNFUN"/>
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        <balance>45000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44796532.50000000</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>2020-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01830000</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>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP VCP 3ML+6 06/04/2020</title>
        <cusip>9612C4H95</cusip>
        <identifiers>
          <ticker value="WSTPAC"/>
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        <balance>45000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45001750.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01965500</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PSP CAP INC</name>
        <lei>N/A</lei>
        <title>PSP CAP INC YCP .0179 04/07/2020</title>
        <cusip>69370AD76</cusip>
        <identifiers>
          <ticker value="PSPCPI"/>
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        <balance>45000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44783050.50000000</valUSD>
        <pctVal>0.980236191492</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01790000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FEDERATION DES CAISSES DESJARD INS DU QUEBEC</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>FEDERATION DES CAISE DESJARDIN YCP .01935 04/15/2020</title>
        <cusip>31428FDF9</cusip>
        <identifiers>
          <ticker value="CCDJFQ"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39786704.00000000</valUSD>
        <pctVal>0.870873394410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01935000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TR and BK SING BRH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK SING BRH YCP .0186 02/19/2020</title>
        <cusip>60682YBK9</cusip>
        <identifiers>
          <ticker value="MITTSG"/>
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        <balance>40000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39894444.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01860000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>AUSTRALIA and NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>AUSTRALIA and N ZEAL BKG GRP LTD YCP .0193 04/20/2020</title>
        <cusip>05253ADL1</cusip>
        <identifiers>
          <ticker value="ANZ"/>
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        <balance>24000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23861323.20000000</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>2020-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01930000</annualizedRt>
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      <invstOrSec>
        <name>ABN AMRO FDG USA LLC</name>
        <lei>N/A</lei>
        <title>ABN AMRO FDG USA LLC CP .0184 03/02/2020</title>
        <cusip>00084BC28</cusip>
        <identifiers>
          <ticker value="ABNFUN"/>
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        <balance>23900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23824017.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01840000</annualizedRt>
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      <invstOrSec>
        <name>MITSUBISHI UFJ TR and BK SING BRH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK SING BRH YCP .02 02/11/2020</title>
        <cusip>60682YBB9</cusip>
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          <ticker value="MITTSG"/>
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        <curCd>USD</curCd>
        <valUSD>2993349.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM VCP 1ML+17 03/05/2020</title>
        <cusip>13608CHP0</cusip>
        <identifiers>
          <isin value="US13608CHP05"/>
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        <balance>30000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30008796.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01873630</annualizedRt>
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      <invstOrSec>
        <name>AUSTRALIA and NEW ZEALAND BANKING GROUP LIMITED</name>
        <lei>JHE42UYNWWTJB8YTTU19</lei>
        <title>AUSTRALIA and N ZEAL BKG GRP LTD VCP 1ML+22 04/09/2020</title>
        <cusip>05253MMK7</cusip>
        <identifiers>
          <ticker value="ANZ"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40011580.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01930130</annualizedRt>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MOTOR CREDIT CORP CP .0189 04/06/2020</title>
        <cusip>89233GD60</cusip>
        <identifiers>
          <ticker value="TOYCC"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39797376.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01890000</annualizedRt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM YCP .0206 03/19/2020</title>
        <cusip>13608ACK0</cusip>
        <identifiers>
          <ticker value="CIBCCP"/>
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        <curCd>USD</curCd>
        <valUSD>14942067.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02060000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOTHAM FUNDING CORP</name>
        <lei>549300Z2ZR7VTUMRPR17</lei>
        <title>GOTHAM FUNDING CORP YCP .02 03/03/2020</title>
        <cusip>38346LC38</cusip>
        <identifiers>
          <ticker value="GOTFUN"/>
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        <balance>13400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13355351.20000000</valUSD>
        <pctVal>0.292329317680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>THE BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BANK OF NOVA SCOTIA VCP 1ML+13 02/03/2020</title>
        <cusip>06417LKW6</cusip>
        <identifiers>
          <isin value="US06417LKW62"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40004356.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC</name>
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        <cusip>17327ADE4</cusip>
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          <ticker value="CGMICP"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-02-14</maturityDt>
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          <annualizedRt>0.01899880</annualizedRt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <cusip>13608ACG9</cusip>
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          <ticker value="CIBCCP"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-16</maturityDt>
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          <annualizedRt>0.02030000</annualizedRt>
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      <invstOrSec>
        <name>PSP CAP INC</name>
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          <ticker value="PSPCPI"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-03-04</maturityDt>
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      <invstOrSec>
        <name>PSP CAP INC</name>
        <lei>N/A</lei>
        <title>PSP CAP INC YCP .0216 01/23/2020</title>
        <cusip>69370AAP9</cusip>
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          <ticker value="PSPCPI"/>
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        <curCd>USD</curCd>
        <valUSD>24974572.50000000</valUSD>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-23</maturityDt>
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          <annualizedRt>0.02160000</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .0205 01/15/2020</title>
        <cusip>86564YAF9</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5995924.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02050000</annualizedRt>
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        <securityLending>
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        <name>CREDIT SUISSE AG NY BRNCH</name>
        <lei>ANGGYXNX0JLX3X63JN86</lei>
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        <cusip>2254EADM2</cusip>
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          <ticker value="CSFBNY"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11928133.20000000</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>2020-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02020000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0213 01/13/2020</title>
        <cusip>04821TAD7</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19987448.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02130000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SUMITOMO MITSUI BKG CORP</name>
        <lei>5U0XI89JRFVHWIBS4F54</lei>
        <title>SUMITOMO MITSUI BKG CORP YCP .019 02/24/2020</title>
        <cusip>86562KBQ6</cusip>
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          <ticker value="SUMIBK"/>
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        <balance>45000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44880858.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01900000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0189 04/03/2020</title>
        <cusip>04821TD36</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7960290.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01890000</annualizedRt>
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      <invstOrSec>
        <name>UBS AG LONDN BRANCH</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LON BRANCH VCP 1ML+37 08/06/2020</title>
        <cusip>90276JHY5</cusip>
        <identifiers>
          <isin value="US90276JHY55"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40002716.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-08-06</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02053130</annualizedRt>
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        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
        <title>TOYOTA MOTOR CREDIT CORP VCP 3ML+5 06/12/2020</title>
        <cusip>89233A6D6</cusip>
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          <isin value="US89233A6D68"/>
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        <valUSD>44999928.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.01949630</annualizedRt>
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        <name>UBS AG LONDN BRANCH</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBS AG LON BRANCH YCP 0% 04/29/2020</title>
        <cusip>90351WDV4</cusip>
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          <isin value="US90351WDV46"/>
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        <curCd>USD</curCd>
        <valUSD>20871200.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM YCP .0199 01/07/2020</title>
        <cusip>13608AA71</cusip>
        <identifiers>
          <ticker value="CIBCCP"/>
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        <balance>50000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49983375.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-01-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01990000</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI TRUST BANK LTD SINGAPORE BRANCH</name>
        <lei>5493006GGLR4BTEL8O61</lei>
        <title>SUMITOMO MITSUI TR BK LTD SING YCP .021 01/09/2020</title>
        <cusip>86564YA93</cusip>
        <identifiers>
          <ticker value="SUMTSG"/>
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        <curCd>USD</curCd>
        <valUSD>12994871.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02100000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTIC ASSET SECURITZTN LLC</name>
        <lei>549300BUNY5BIX4CVW20</lei>
        <title>ATLANTIC ASSET SECURITZTN LLC CP .0213 01/16/2020</title>
        <cusip>04821TAG0</cusip>
        <identifiers>
          <ticker value="ATLASS"/>
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        <balance>40000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39968800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02130000</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>WESTPAC BANKING CORPORATION</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>WESTPAC BANKING CORP VCP 3ML+6 06/05/2020</title>
        <cusip>9612C4J44</cusip>
        <identifiers>
          <ticker value="WSTPAC"/>
        </identifiers>
        <balance>50000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49999870.00000000</valUSD>
        <pctVal>1.094424823604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-06-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01947130</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>MITSUBISHI UFJ TR and BK SING BRH</name>
        <lei>JBONEPAGQXF4QP29B387</lei>
        <title>MITSUBISHI UFJ TR and BK SING BRH YCP .02 02/07/2020</title>
        <cusip>60682YB78</cusip>
        <identifiers>
          <ticker value="MITTSG"/>
        </identifiers>
        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5987966.40000000</valUSD>
        <pctVal>0.131067922197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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 IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CANADIAN IMPERIAL BK OF COMM YCP .02 03/11/2020</title>
        <cusip>13608ACB0</cusip>
        <identifiers>
          <ticker value="CIBCCP"/>
        </identifiers>
        <balance>14000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13951404.60000000</valUSD>
        <pctVal>0.305376064345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Stephanie Dorsey</ncom:nameOfApplicant>
      <ncom:signature>Stephanie Dorsey</ncom:signature>
      <ncom:signerName>Stephanie Dorsey</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
