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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JP Morgan Chase Bank</counterpartyName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Kingdom of Thailand</name>
        <lei>N/A</lei>
        <title>Thailand Government Bond</title>
        <cusip>N/A</cusip>
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          <isin value="TH0623034905"/>
          <other otherDesc="Inhouse Asset ID" value="1184085"/>
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        <balance>241660000.00000000</balance>
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        <currencyConditional curCd="THB" exchangeRt="36.60000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="225089"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>HSBC Bank</counterpartyName>
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            <amtCurSold>1226062.45000000</amtCurSold>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federation of Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>Malaysia Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBML1700020"/>
          <other otherDesc="Inhouse Asset ID" value="1210512"/>
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        <balance>19180000.00000000</balance>
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        <pctVal>1.151890891684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05900000</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>Republic of Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government Bond, Series FR95</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000020702"/>
          <other otherDesc="Inhouse Asset ID" value="1237449"/>
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        <balance>82071000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="15455.00000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government Bond, Series FR59</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000009804"/>
          <other otherDesc="Inhouse Asset ID" value="615220"/>
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        <balance>97508000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="15455.00000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Mexican States</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos Desarr Fixed Rate, Series M</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO0001D6"/>
          <other otherDesc="Inhouse Asset ID" value="1229613"/>
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        <balance>217650000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="17.43015000"/>
        <valUSD>10614185.94000000</valUSD>
        <pctVal>2.976081120653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.49999880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Ecuador</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government Bond</title>
        <cusip>27927IAF0</cusip>
        <identifiers>
          <isin value="XS2214238524"/>
          <other otherDesc="Inhouse Asset ID" value="1113704"/>
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        <balance>29086000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10887317.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.49999920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bond</title>
        <cusip>03846JW89</cusip>
        <identifiers>
          <isin value="US03846JW891"/>
          <other otherDesc="Inhouse Asset ID" value="964629"/>
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        <balance>820000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>442000.50000000</valUSD>
        <pctVal>0.123931251139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.70020000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal Republic of Germany</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>Bundesrepublik Deutschland</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001134922"/>
          <other otherDesc="Inhouse Asset ID" value="25151"/>
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        <balance>2745000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.94589485"/>
        <valUSD>2922322.19000000</valUSD>
        <pctVal>0.819381528389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GHGGOG069956"/>
          <other otherDesc="Inhouse Asset ID" value="1238112"/>
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        <balance>22298477.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GHS" exchangeRt="11.58500000"/>
        <valUSD>802609.38000000</valUSD>
        <pctVal>0.225041339635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.99999995</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bonds</title>
        <cusip>912810TK4</cusip>
        <identifiers>
          <isin value="US912810TK43"/>
          <other otherDesc="Inhouse Asset ID" value="1210867"/>
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        <balance>17510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14190965.84000000</valUSD>
        <pctVal>3.978964167295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dominican Republic</name>
        <lei>N/A</lei>
        <title>Dominican Republic Government Bond</title>
        <cusip>25714PEE4</cusip>
        <identifiers>
          <isin value="US25714PEE43"/>
          <other otherDesc="Inhouse Asset ID" value="1191869"/>
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        <balance>7190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5171990.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bond</title>
        <cusip>03846JW55</cusip>
        <identifiers>
          <isin value="US03846JW552"/>
          <other otherDesc="Inhouse Asset ID" value="1191726"/>
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        <balance>1080000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>556470.00000000</valUSD>
        <pctVal>0.156027025583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.90300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government of Mongolia</name>
        <lei>N/A</lei>
        <title>Mongolia Government Bond</title>
        <cusip>60937LAC9</cusip>
        <identifiers>
          <isin value="US60937LAC90"/>
          <other otherDesc="Inhouse Asset ID" value="1193351"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187021.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government Bond, Series FR96</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000020801"/>
          <other otherDesc="Inhouse Asset ID" value="1228022"/>
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        <balance>231181000000.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="15455.00000000"/>
        <valUSD>15084878.11000000</valUSD>
        <pctVal>4.229605662112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federative Republic of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Notas do Tesouro Nacional, Series F</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSTNCNTF1Q6"/>
          <other otherDesc="Inhouse Asset ID" value="876697"/>
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        <balance>51267000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="5.02670000"/>
        <valUSD>9723599.97000000</valUSD>
        <pctVal>2.726372277543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Republic of Indonesia</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Asian Development Bank</name>
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          <isin value="XS2656548943"/>
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      <invstOrSec>
        <name>Republic of Ghana</name>
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      <invstOrSec>
        <name>Hungary</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Republic of Germany</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>Germany Treasury Bills</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001030898"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-18</maturityDt>
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        <name>New South Wales Treasury Corp.</name>
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          <isin value="AU3SG0002082"/>
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        <name>Queensland Treasury Corp.</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
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          <isin value="AU0000079402"/>
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        <name>N/A</name>
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          <other otherDesc="Inhouse Asset ID" value="229898"/>
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        <curCd>N/A</curCd>
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      <invstOrSec>
        <name>Hungary</name>
        <lei>5299003F3UFKGCCMAP43</lei>
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          <isin value="HU0000405550"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Republic of Germany</name>
        <lei>529900AQBND3S6YJLY83</lei>
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        <name>Dominican Republic</name>
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        <name>Treasury Corp. of Victoria</name>
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        <name>K2016470219 South Africa Ltd.</name>
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        <name>Republic of Indonesia</name>
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        <name>K2016470260 South Africa Ltd.</name>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bond</title>
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          <isin value="US03846JAC45"/>
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        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-02-16</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Asset ID" value="712051"/>
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        <balance>4920000.00000000</balance>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>LCH Clearnet</counterpartyName>
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      <invstOrSec>
        <name>Asian Development Bank</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank</title>
        <cusip>N/A</cusip>
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          <isin value="XS2654113393"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="219297"/>
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        <units>NC</units>
        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley Capital Services</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Federation of Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <cusip>N/A</cusip>
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          <isin value="MYBMX0700034"/>
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        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JP Morgan Chase Bank</counterpartyName>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bond</title>
        <cusip>03846JX62</cusip>
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          <isin value="US03846JX626"/>
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      <invstOrSec>
        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government Bond</title>
        <cusip>N/A</cusip>
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          <isin value="GHGGOG070020"/>
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        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>United Mexican States</name>
        <lei>254900EGTWEU67VP6075</lei>
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          <isin value="MX0MGO0000U2"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>K2016470219 South Africa Ltd.</name>
        <lei>378900DECAC8CFA88345</lei>
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        <name>Treasury Corp. of Victoria</name>
        <lei>549300ZJM7BQW1P9UV75</lei>
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        <name>Federation of Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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          <other otherDesc="Inhouse Asset ID" value="682099"/>
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        <name>United Mexican States</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <name>Federative Republic of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Notas do Tesouro Nacional</title>
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        <name>K2016470219 South Africa Ltd.</name>
        <lei>378900DECAC8CFA88345</lei>
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        <name>Federation of Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <name>N/A</name>
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        <name>Kingdom of Thailand</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federative Republic of Brazil</name>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <name>Arab Republic of Egypt</name>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
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        <name>Federation of Malaysia</name>
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        <name>N/A</name>
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        <name>Queensland Treasury Corp.</name>
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        <name>Arab Republic of Egypt</name>
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        <valUSD>3557253.28000000</valUSD>
        <pctVal>0.997408033723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="219348"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>254935.72000000</valUSD>
        <pctVal>0.071480694568</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Morgan Stanley Capital Services</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <amtCurSold>963519.59000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>22503000.00000000</amtCurPur>
            <curPur>MXN</curPur>
            <settlementDt>2024-09-03</settlementDt>
            <unrealizedAppr>254935.72000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Institutional Fiduciary Trust - Money Market Portfolio</name>
        <lei>549300M4TP89K77LG374</lei>
        <title>Institutional Fiduciary Trust - Money Market Portfolio</title>
        <cusip>457756500</cusip>
        <identifiers>
          <isin value="US4577565009"/>
          <other otherDesc="Inhouse Asset ID" value="170875"/>
        </identifiers>
        <balance>25448864.98100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25448864.98000000</valUSD>
        <pctVal>7.135534183891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Republic of Ecuador</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Republic of Ecuador Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2214238102"/>
          <other otherDesc="Inhouse Asset ID" value="1114066"/>
        </identifiers>
        <balance>10467000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5371051.03000000</valUSD>
        <pctVal>1.505973577136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EC</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000120</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 Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Titulos de Tesoreria, Series B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COL17CT03615"/>
          <other otherDesc="Inhouse Asset ID" value="1220449"/>
        </identifiers>
        <balance>9738000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="COP" exchangeRt="4080.05000000"/>
        <valUSD>1738151.08000000</valUSD>
        <pctVal>0.487355190805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Titulos de Tesoreria, Series B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COL17CT03862"/>
          <other otherDesc="Inhouse Asset ID" value="1245036"/>
        </identifiers>
        <balance>5323700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="COP" exchangeRt="4080.05000000"/>
        <valUSD>1410444.46000000</valUSD>
        <pctVal>0.395470472522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>13.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GHGGOG069972"/>
          <other otherDesc="Inhouse Asset ID" value="1238122"/>
        </identifiers>
        <balance>22331277.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GHS" exchangeRt="11.58500000"/>
        <valUSD>736602.37000000</valUSD>
        <pctVal>0.206533823618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.99999995</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="229775"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-776328.82000000</valUSD>
        <pctVal>-0.21767260887</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Deutsche Bank</counterpartyName>
              <counterpartyLei>7LTWFZYICNSX8D621K86</counterpartyLei>
            </counterparties>
            <amtCurSold>38783828.83000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>51190000000.00000000</amtCurPur>
            <curPur>KRW</curPur>
            <settlementDt>2023-12-20</settlementDt>
            <unrealizedAppr>-776328.82000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GHGGOG069915"/>
          <other otherDesc="Inhouse Asset ID" value="1238115"/>
        </identifiers>
        <balance>15658171.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GHS" exchangeRt="11.58500000"/>
        <valUSD>845254.76000000</valUSD>
        <pctVal>0.236998555291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.99999995</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federation of Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>Malaysia Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMK1800012"/>
          <other otherDesc="Inhouse Asset ID" value="872044"/>
        </identifiers>
        <balance>14090000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.69525000"/>
        <valUSD>3022394.23000000</valUSD>
        <pctVal>0.847440440361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.88200000</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>Federal Republic of Germany</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>Bundesschatzanweisungen</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001104891"/>
          <other otherDesc="Inhouse Asset ID" value="1209426"/>
        </identifiers>
        <balance>6076000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.94589485"/>
        <valUSD>6235482.87000000</valUSD>
        <pctVal>1.748349138828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government of Mongolia</name>
        <lei>N/A</lei>
        <title>Mongolia Government Bond</title>
        <cusip>60937LAF2</cusip>
        <identifiers>
          <isin value="US60937LAF22"/>
          <other otherDesc="Inhouse Asset ID" value="1193441"/>
        </identifiers>
        <balance>1380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1162151.81000000</valUSD>
        <pctVal>0.325852409278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federative Republic of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Notas do Tesouro Nacional</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSTNCNTF212"/>
          <other otherDesc="Inhouse Asset ID" value="1187100"/>
        </identifiers>
        <balance>17206000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="5.02670000"/>
        <valUSD>3127505.02000000</valUSD>
        <pctVal>0.876912152979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.99999990</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 Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GHGGOG069980"/>
          <other otherDesc="Inhouse Asset ID" value="1238105"/>
        </identifiers>
        <balance>18705077.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GHS" exchangeRt="11.58500000"/>
        <valUSD>600593.91000000</valUSD>
        <pctVal>0.168398802021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.99999995</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government of Mongolia</name>
        <lei>N/A</lei>
        <title>Mongolia Government Bond</title>
        <cusip>60937LAE5</cusip>
        <identifiers>
          <isin value="US60937LAE56"/>
          <other otherDesc="Inhouse Asset ID" value="1192867"/>
        </identifiers>
        <balance>5570000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4307002.50000000</valUSD>
        <pctVal>1.207628064866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dominican Republic</name>
        <lei>N/A</lei>
        <title>Dominican Republic Government Bond</title>
        <cusip>25714PEG9</cusip>
        <identifiers>
          <isin value="US25714PEG90"/>
          <other otherDesc="Inhouse Asset ID" value="1135840"/>
        </identifiers>
        <balance>2370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1745454.31000000</valUSD>
        <pctVal>0.489402922496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</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>2023-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Templeton Income Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
