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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004240469371"/>
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        <fairValLevel>2</fairValLevel>
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        <name>EUROPEAN BK RECON &amp; DEV</name>
        <lei>549300HTGDOVDU6OGK19</lei>
        <title>European Bank for Reconstruction &amp; Development</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. LLC</name>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004130202638"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MALAYSIA GOVERNMENT</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <cusip>000000000</cusip>
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          <isin value="MYBMS1300057"/>
          <other otherDesc="SEDOL" value="BBM4RP0"/>
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        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004240469387"/>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GAZPROM CAPITAL OOO</name>
        <lei>N/A</lei>
        <title>Gazprom Capital OOO</title>
        <cusip>000000000</cusip>
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        <balance>42000000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HSBC SECURITIES (USA) INC.</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
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        <name>CITIBANK NA</name>
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          <ticker value="N/A"/>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>J.P. MORGAN CHASE BANK NA</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Citibank, National Association</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>JPMorgan Chase Bank, National Association</name>
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        <name>Citibank, National Association</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF PERU</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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          <other otherDesc="INTERNAL" value="MDJ2004140550540"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RUSSIA GOVT BOND - OFZ</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>Russian Federal Bond - OFZ</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS PLN</title>
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          <other otherDesc="INTERNAL" value="SWB8A7SW1H7"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Chase Bank, National Association</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="C00DHI25JCODDSRF"/>
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        <name>REPUBLIC OF EL SALVADOR</name>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>POLAND GOVERNMENT BOND</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>Republic of Poland Government Bond</title>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>TITULOS DE TESORERIA</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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          <other otherDesc="INTERNAL" value="C00EII14I7ZEGUVK"/>
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        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA GOVERNMENT</name>
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        <title>Indonesia Treasury Bond</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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          <ticker value="N/A"/>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004160490841"/>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <title>IRS MXN</title>
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          <other otherDesc="INTERNAL" value="SWB8A7N2EB7"/>
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        <balance>1.00000000</balance>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>USD/TWD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004150272128"/>
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        <balance>1.00000000</balance>
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        <name>INDONESIA GOVERNMENT</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Treasury Bond</title>
        <cusip>000000000</cusip>
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          <isin value="IDG000011107"/>
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          <couponKind>Fixed</couponKind>
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        <name>BONOS DE TESORERIA</name>
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        <title>Peru Government Bond</title>
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        <name>MALAYSIA GOVERNMENT</name>
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        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <name>Credit Suisse AG</name>
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        <name>INDONESIA GOVERNMENT</name>
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        <name>CZECH REPUBLIC</name>
        <lei>3157007EFDLQABN47912</lei>
        <title>Czech Republic Government Bond</title>
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        <name>REPUBLIC OF PERU</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>Peruvian Government International Bond</title>
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          <isin value="US715638BE14"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MALAYSIA GOVERNMENT</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>Malaysia Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="MYBML1700020"/>
          <other otherDesc="SEDOL" value="BYQBHY7"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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          <other otherDesc="INTERNAL" value="SWB8A7JKH03"/>
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        <balance>1.00000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004150459839"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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            <amtCurSold>-571000.00000000</amtCurSold>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>HUF/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004230503032"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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            <amtCurSold>-281944.56000000</amtCurSold>
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      <invstOrSec>
        <name>CZECH REPUBLIC</name>
        <lei>3157007EFDLQABN47912</lei>
        <title>Czech Republic Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="CZ0001004477"/>
          <other otherDesc="SEDOL" value="BYN6FX0"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.95000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>IRS MXN</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8A7J5251"/>
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        <balance>1.00000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>REPUBLIC OF SOUTH AFRICA</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="ZAG000096173"/>
          <other otherDesc="SEDOL" value="B8S1C48"/>
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        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PETROBRAS GLOBAL FINANCE</name>
        <lei>549300FNENFFSMO3GT38</lei>
        <title>Petrobras Global Finance BV</title>
        <cusip>71647NAQ2</cusip>
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          <isin value="US71647NAQ25"/>
          <other otherDesc="SEDOL" value="BD96MP8"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-23</maturityDt>
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      <invstOrSec>
        <name>POLAND GOVERNMENT BOND</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>Republic of Poland Government Bond</title>
        <cusip>000000000</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MEX BONOS DESARR FIX RT</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos</title>
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          <isin value="MX0MGO0000P2"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Citibank, National Association</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>RUB/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <name>HUNGARY GOVERNMENT BOND</name>
        <lei>5299008DH62LEB10JK83</lei>
        <title>Hungary Government Bond</title>
        <cusip>000000000</cusip>
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          <other otherDesc="SEDOL" value="BYY7PC1"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>THAILAND GOVERNMENT BOND</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>Thailand Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="TH062303I602"/>
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        <balance>6300000.00000000</balance>
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        <securityLending>
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      <invstOrSec>
        <name>REPUBLIC OF SOUTH AFRICA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="C00M0I44GCTJBUJP"/>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>HSBC SECURITIES (USA) INC.</counterpartyName>
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      <invstOrSec>
        <name>JPMorgan Chase Bank, National Association</name>
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          <ticker value="N/A"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JPMorgan Chase Bank, National Association</counterpartyName>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS CNY</title>
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          <other otherDesc="INTERNAL" value="SWB8A7NYZ32"/>
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        <balance>1.00000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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        <name>CHICAGO MERCANTILE EXCHANGE</name>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS SECURITIES LLC</name>
        <lei>T6FIZBDPKLYJKFCRVK44</lei>
        <title>COP/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004280412714"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1565.71000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <settlementDt>2020-06-17</settlementDt>
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        <securityLending>
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      <invstOrSec>
        <name>THAILAND GOVERNMENT BOND</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>Thailand Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="TH0623038C04"/>
          <other otherDesc="SEDOL" value="BZ9NTH4"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>USD/ILS FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004230469435"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>IRS RUB</title>
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          <other otherDesc="INTERNAL" value="SWB8A7MFT80"/>
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        <balance>1.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA GOVERNMENT</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Treasury Bond</title>
        <cusip>000000000</cusip>
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          <isin value="IDG000011602"/>
          <other otherDesc="SEDOL" value="BYPGH98"/>
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        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>REPUBLIC OF PERU</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERUVIAN GOVERNMENT INTERNATIONAL BOND</title>
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          <other otherDesc="SEDOL" value="BSHZ2Y1"/>
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        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>BONOS TESORERIA PESOS</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>Bonos de la Tesoreria de la Republica en pesos</title>
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          <isin value="CL0002187822"/>
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        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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      <invstOrSec>
        <name>CHINA GOVERNMENT BOND</name>
        <lei>300300CHN201808MOF68</lei>
        <title>CHINA GOVERNMENT BOND</title>
        <cusip>000000000</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.29000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF SOUTH AFRICA</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government Bond</title>
        <cusip>000000000</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Bank of America, National Association</name>
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        <name>Citibank, National Association</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Citibank, National Association</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>BARCLAYS BANK PLC</name>
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      <invstOrSec>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>J.P. MORGAN CHASE &amp; CO.</name>
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        <name>Citibank, National Association</name>
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        <name>BARCLAYS BANK PLC</name>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Citibank, National Association</name>
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        <name>Citibank, National Association</name>
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        <name>Citibank, National Association</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>Bank of America, National Association</name>
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        <name>JPMorgan Chase Bank, National Association</name>
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        <name>Citibank, National Association</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Citibank, National Association</name>
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        <name>MALAYSIA GOVERNMENT</name>
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        <name>Citibank, National Association</name>
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        <name>BNQ CEN TUNISIA INT BOND</name>
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        <name>BARCLAYS BANK PLC</name>
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        <name>Citibank, National Association</name>
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        <name>TITULOS DE TESORERIA</name>
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      <invstOrSec>
        <name>CITIBANK NA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BARCLAYS PLC</name>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARAB REPUBLIC OF EGYPT</name>
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        <title>Egypt Government International Bond</title>
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          <isin value="XS1980065301"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
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          <isin value="US71654QCQ38"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
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          <ticker value="N/A"/>
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        <assetCat>DFE</assetCat>
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      <invstOrSec>
        <name>HUNGARY GOVERNMENT BOND</name>
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        <title>Hungary Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="HU0000402532"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>IRS RUB</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MALAYSIA GOVERNMENT</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>Malaysia Government Bond</title>
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          <isin value="MYBMO1600034"/>
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      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
        <lei>CYYGQCGNHMHPSMRL3R97</lei>
        <title>THB/USD FORWARD</title>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. LLC</name>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="C00EKH10ULKVHDAP"/>
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        <name>PROVINCIA DE BUENOS AIRE</name>
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        <title>Provincia de Buenos Aires/Government Bonds</title>
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        <invCountry>AR</invCountry>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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      <invstOrSec>
        <name>LONDON CLEARING HOUSE</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS CNY</title>
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        <balance>1.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UK CLEARING HOUSE LIMITED</name>
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            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>1016064.95000000</notionalAmt>
            <curCd>BRL</curCd>
            <unrealizedAppr>6652.53000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US TREASURY 10 YEAR NOTE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="TYM0"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00Q7B24P2"/>
        </identifiers>
        <balance>-3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1019.60000000</valUSD>
        <pctVal>-0.00215309904</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US TREASURY N/B</issuerName>
                <issueTitle>United States Treasury Note/Bond</issueTitle>
                <identifiers>
                  <cusip value="912828V98"/>
                  <isin value="US912828V988"/>
                  <other otherDesc="SEDOL" value="BYPG9T2"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-416167.90000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1019.60000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EUREX CLEARING AG</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO SCHATZ</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="DUM0"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00Q6W87P4"/>
        </identifiers>
        <balance>-1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.91253364"/>
        <valUSD>-104.94000000</valUSD>
        <pctVal>-0.00022160279</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>EUREX CLEARING AG</counterpartyName>
              <counterpartyLei>529900LN3S50JPU47S06</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BUNDESSCHATZANWEISUNGEN</issuerName>
                <issueTitle>Bundesschatzanweisungen</issueTitle>
                <identifiers>
                  <isin value="DE0001104792"/>
                  <other otherDesc="SEDOL" value="BJLD1L8"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-06-08</expDate>
            <notionalAmt>-121775.45000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-104.94000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citibank, National Association</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>USD/ILS FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="C00DUI626I5AWPJI"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-17299.31000000</valUSD>
        <pctVal>-0.03653111790</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citibank, National Association</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <amtCurSold>-2946029.34000000</amtCurSold>
            <curSold>ILS</curSold>
            <amtCurPur>829020.00000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-06-17</settlementDt>
            <unrealizedAppr>-17299.31000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONDON CLEARING HOUSE</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS KRW</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8A6PJ6TX"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="KRW" exchangeRt="1218.45000000"/>
        <valUSD>11696.54000000</valUSD>
        <pctVal>0.024699695064</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>LONDON CLEARING HOUSE</counterpartyName>
              <counterpartyLei>213800O8SCO4XJGBU385</counterpartyLei>
            </counterparties>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="KRW" fixedOrFloating="Fixed" fixedRt="1.38500000"/>
            <floatingPmntDesc curCd="KRW" fixedOrFloating="Floating" floatingRtIndex="3 MONTH CERTIFICATE OF DEPOSIT RATE" floatingRtSpread="0.00000000" pmntAmt="-800000000.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2024-06-26</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-874.51000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>800000000.00000000</notionalAmt>
            <curCd>KRW</curCd>
            <unrealizedAppr>12571.05000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BONOS TESORERIA PESOS</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>Bonos de la Tesoreria de la Republica en pesos</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CL0002172501"/>
          <other otherDesc="SEDOL" value="BWWC438"/>
        </identifiers>
        <balance>540000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CLP" exchangeRt="834.90000000"/>
        <valUSD>738194.04000000</valUSD>
        <pctVal>1.558851394201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF ANGOLA</name>
        <lei>549300QHR2R3J8JSGK83</lei>
        <title>Angolan Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1318576086"/>
          <other otherDesc="SEDOL" value="BZ97T10"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189896.72000000</valUSD>
        <pctVal>0.401006714611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONDON CLEARING HOUSE</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS CZK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8A7GWF2X"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CZK" exchangeRt="24.71870000"/>
        <valUSD>10384.89000000</valUSD>
        <pctVal>0.021929871250</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>LONDON CLEARING HOUSE</counterpartyName>
              <counterpartyLei>213800O8SCO4XJGBU385</counterpartyLei>
            </counterparties>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="CZK" fixedOrFloating="Fixed" fixedRt="1.51500000"/>
            <floatingPmntDesc curCd="CZK" fixedOrFloating="Floating" floatingRtIndex="6 MONTH PRAGUE INTERBANK OFFER RATE" floatingRtSpread="0.00000000" pmntAmt="-3790000.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="6" resetDt="Month" resetDtUnit="6"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2030-02-03</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>3790000.00000000</notionalAmt>
            <curCd>CZK</curCd>
            <unrealizedAppr>10384.89000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>USD/PEN FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2004160404091"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-594.06000000</valUSD>
        <pctVal>-0.00125448216</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
              <counterpartyLei>G5GSEF7VJP5I7OUK5573</counterpartyLei>
            </counterparties>
            <amtCurSold>-199389.42000000</amtCurSold>
            <curSold>PEN</curSold>
            <amtCurPur>58301.00000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-06-17</settlementDt>
            <unrealizedAppr>-594.06000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THAILAND GOVERNMENT BOND</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>Thailand Government Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TH0623A3B608"/>
          <other otherDesc="SEDOL" value="B600261"/>
        </identifiers>
        <balance>13600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="32.35500000"/>
        <valUSD>517897.14000000</valUSD>
        <pctVal>1.093648329566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>IRS OIS COP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8A7RDNT0"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="COP" exchangeRt="3959.00000000"/>
        <valUSD>36108.21000000</valUSD>
        <pctVal>0.076250051410</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE INC.</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="COP" fixedOrFloating="Fixed" fixedRt="4.30000000"/>
            <floatingPmntDesc curCd="COP" fixedOrFloating="Floating" floatingRtIndex="COLOMBIA OVERNIGHT INTERBANK REFERENCE RATE" floatingRtSpread="0.00000000" pmntAmt="-5300000000.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2025-03-27</terminationDt>
            <upfrontPmnt>5242.03000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>5300000000.00000000</notionalAmt>
            <curCd>COP</curCd>
            <unrealizedAppr>30866.18000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BONOS TESORERIA PESOS</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>Bonos de la Tesoreria de la Republica en pesos</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CL0001974774"/>
          <other otherDesc="SEDOL" value="BFZD3X2"/>
        </identifiers>
        <balance>255000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CLP" exchangeRt="834.90000000"/>
        <valUSD>443299.89000000</valUSD>
        <pctVal>0.936120605330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Prudential World Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Christian J. Kelly</ncom:signature>
      <ncom:signerName>Christian J. Kelly</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial and Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
