# BIL Invest Bonds EUR Corporate Investment Grade
#### Investment portfolio as at December 31, 2021
(expressed in EUR) (continued)
| Description | Number of shares | Currency | Market value | % net assets |
| --- | --- | --- | --- | --- |
|  |
|  |

| Ageas Fin 1.875% 20-24.11.51 | 1,000,000 | EUR | 997,690 | 0.47 |
| --- | --- | --- | --- | --- |
| Asr 3.375% 19-02.05.49 | 1,000,000 | EUR | 1,103,340 | 0.52 |
| Crh Funding 1.625% 20-05.05.30 | 1,400,000 | EUR | 1,501,962 | 0.71 |
| Ctp Bv 0.625% 21-27.09.26 | 700,000 | EUR | 692,433 | 0.33 |
| Easyjet Fin 1.875% 21-03.03.28 | 1,300,000 | EUR | 1,307,384 | 0.62 |
| Enel Fin 0.375% 21-28.05.29 | 1,200,000 | EUR | 1,179,276 | 0.56 |
| Exor N.V. 0.875% 21-19.01.31 | 2,000,000 | EUR | 1,962,080 | 0.93 |
| Ing Group 0.25% 21-01.02.30 | 2,000,000 | EUR | 1,930,800 | 0.92 |
| Ing Group 0.875% 21-09.06.32 | 1,000,000 | EUR | 993,520 | 0.47 |
| Jab Hldgs 1.0% 19-20.12.27 | 700,000 | EUR | 711,438 | 0.34 |
| Jab Holding 1.75% 18-25.06.26 | 1,800,000 | EUR | 1,899,144 | 0.90 |
| L Dreyf Com 2.375% 20-27.11.25 | 1,000,000 | EUR | 1,065,970 | 0.51 |
| Nibc Bk Nv 2% 19-09.04.24 | 1,300,000 | EUR | 1,354,522 | 0.64 |
| Prosus 1.539% 20-03.08.28 | 800,000 | EUR | 808,320 | 0.38 |
| Royal Schip 0.875% 20-08.09.32 | 1,000,000 | EUR | 994,640 | 0.47 |
| Schlumb Fin 2.0% 20-06.05.32 | 1,000,000 | EUR | 1,109,010 | 0.53 |
| Stack Ii 6.5% 13-Perp/Flat | 400,000 | EUR | 552,000 | 0.26 |
| Vw Intl Fin 4.625% 14-Perp | 1,000,000 | EUR | 1,120,500 | 0.53 |
| Winter 0.84% 19-25.09.25 | 1,800,000 | EUR | 1,828,116 | 0.87 |
| Wpc Eurobon 1.35% 19-15.04.28 | 2,500,000 | EUR | 2,539,450 | 1.20 |

| 26,877,361	12.74 |
| --- |
|  |
| Norway |
| Statoil 1.625% 15-17.02.35 | 1,300,000 | EUR | 1,397,903 | 0.66 |
|  |  |  | 1,397,903 | 0.66 |
|  |
| Portugal |
| Edp 1.875% 21-02.08.81 | 1,200,000 | EUR | 1,190,850 | 0.56 |
| Fidelidade 4.25% 21-04.09.31 | 1,000,000 | EUR | 1,074,050 | 0.51 |

| Bbva 6.0% 20-Perp | 1,000,000 | EUR | 1,113,750 | 0.53 |
| --- | --- | --- | --- | --- |
| Cellnex 1.75% 20-23.10.30 Regs | 1,000,000 | EUR | 962,921 | 0.46 |
| Cepsa Finan 0.75% 20-12.02.28 | 1,500,000 | EUR | 1,463,760 | 0.69 |
| Ibesm 1.575% 21-Perp Regs | 1,000,000 | EUR | 996,760 | 0.47 |
| Inmob Col 2.5% 17-28.11.29 Regs | 2,500,000 | EUR | 2,771,425 | 1.31 |
| Lar Espana 1.75% 21-22.07.26 | 2,000,000 | EUR | 2,037,404 | 0.97 |
| Ncg Banco 4.625% 19-07.04.30 | 1,000,000 | EUR | 1,066,988 | 0.51 |

| 10,413,008	4.94 |
| --- |
|  |
| Sweden |
| Heimstaden 3.248% 19-Perp Regs | 1,000,000 | EUR | 1,004,205 | 0.47 |
| In Justit 3.125% 15.07.24 Regs | 500,000 | EUR | 502,378 | 0.24 |
|  |  |  | 1,506,583 | 0.71 |
|  |

Translation (ENFR, 2021-12-31):
# BIL Invest Bonds EUR Corporate Investment Grade
#### Portefeuille-titres au 31 décembre 2021
(exprimé en EUR)
| Adler Re 1.5% 19-17.04.22 | 500.000 | EUR | 491.875 | 0,23 |
| --- | --- | --- | --- | --- |
| Bilfinger 4.50% 19-14.06.24 | 500.000 | EUR | 537.250 | 0,26 |
| Daimler 0.75% 20-10.09.30 | 1.500.000 | EUR | 1.544.520 | 0,73 |
| Deut Bk 1.625% 20-20.01.27 | 2.000.000 | EUR | 2.085.260 | 0,99 |
| Evonik Ind 1.375% 21-02.09.81 | 1.000.000 | EUR | 996.380 | 0,47 |
| Munich Re 1.25% 20-26.05.41 | 1.500.000 | EUR | 1.480.800 | 0,70 |
| Sixt Se 1.5% 18-21.02.24 | 1.000.000 | EUR | 1.020.000 | 0,49 |

| Ams 6.0% 20-31.07.25 | 1.000.000 | EUR | 1.060.050 | 0,50 |
| --- | --- | --- | --- | --- |
| Bawag Psk 0.375% 19-03.09.27 | 2.000.000 | EUR | 1.988.760 | 0,94 |
| Ca Immo 1.0% 20-27.10.25 | 1.000.000 | EUR | 998.620 | 0,47 |
| Erste Bk 4.25% 20-Perp | 600.000 | EUR | 629.676 | 0,30 |
| Mondi Finan 2.375% 20-01.04.28 | 800.000 | EUR | 883.984 | 0,42 |
| Novomatic 1.625% 16-20.09.23 | 800.000 | EUR | 794.100 | 0,38 |
| Vienna Insur 3.75%(Frn)02.03.46 | 500.000 | EUR | 557.700 | 0,27 |
|  |  |  | 6.912.890 | 3,28 |

| Aliaxis Fin 0.875% 21-08.11.28 | 1.000.000 | EUR | 984.610 | 0,47 |
| --- | --- | --- | --- | --- |
| Befimmo 2.098% 18-12.03.26 | 1.300.000 | EUR | 1.293.870 | 0,61 |
| Belfius Bk 0% 19-28.08.26 | 1.200.000 | EUR | 1.185.216 | 0,56 |
| Bpost 1.25% 18-11.07.26 Regs | 1.600.000 | EUR | 1.677.936 | 0,80 |
| Elia Transm 0.875% 20-28.04.30 Regs | 500.000 | EUR | 510.770 | 0,24 |
| Ethias Sa 5% 15-14.01.26 | 500.000 | EUR | 579.688 | 0,28 |
| Fluxys 2.75% 14-27.11.29 | 500.000 | EUR | 544.375 | 0,26 |
| Gimv Sa 2.25% 21-15.03.29 | 600.000 | EUR | 625.458 | 0,30 |
| Kbc 0.625% 21-07.12.31 | 1.800.000 | EUR | 1.770.300 | 0,84 |
| Kinepolis 2.75% 19-18.12.26 | 900.000 | EUR | 870.044 | 0,41 |
| La Lorra 3.0% 20-15.12.27 | 700.000 | EUR | 717.748 | 0,34 |
| Leasinvest 1.95% 19-28.11.26 | 400.000 | EUR | 384.512 | 0,18 |
| Sofina 1.0% 21-23.09.28 Regs | 2.000.000 | EUR | 1.959.736 | 0,93 |
| Vgp 1.50% 21-08.04.29 | 1.000.000 | EUR | 977.623 | 0,46 |
| Vgp 3.5% 18-19.03.26 | 1.200.000 | EUR | 1.272.167 | 0,60 |