# COMPOSITION OF THE ASSETS
| Description | Quantity at 31 December 2020 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Transferable securities admitted to an official stock exchange listing |  |  |  | 548,235.00 |  | 1.45% | 1.40% |
| Bonds and other debt securities |  |  |  |
| State |  |  |  |
| Austria |  |  |  |
| AUSTRIA 0,75 18-28 | 500,000 | EUR | 109.65 |
| Belgium |  |  |  | 548,235.00 |  | 1.45% | 1.40% |
| BELGIQUE 2,25 17-57 | 250,000 | EUR | 163.07 | 407,680.00 | 1.08% | 1.04% |
| Germany (Federal Republic) |  |  |  | 407,680.00 |  | 1.08% | 1.04% |
| GERMANY 0.10 12-23 | 100,000 | EUR | 102.90 | 111,363.47 | 0.30% | 0.28% |
| Spain |  |  |  | 111,363.47 |  | 0.30% | 0.28% |
| SPAIN 1,00 14-30 | 400,000 | EUR | 120.17 | 501,735.43 | 1.33% | 1.28% |
| SPAIN 1,60 15-25 | 500,000 | EUR | 109.11 | 545,550.00 | 1.45% | 1.39% |
| SPAIN 1,95 15-30 | 1,100,000 | EUR | 118.68 | 1,305,430.50 | 3.46% | 3.32% |
| SPAIN 2,35 17-33 | 500,000 | EUR | 126.31 | 631,572.50 | 1.67% | 1.61% |
| SPAIN 2,90 16-46 | 200,000 | EUR | 149.99 | 299,985.00 | 0.80% | 0.76% |
| SPAIN 4,65 10-25 | 500,000 | EUR | 123.65 | 618,260.00 | 1.64% | 1.57% |
| SPAIN 5,15 13-44 | 200,000 | EUR | 197.80 | 395,609.00 | 1.05% | 1.01% |
| SPAIN IL 0,70 17-33 | 400,000 | EUR | 120.44 | 494,502.55 | 1.31% | 1.26% |
| Finland |  |  |  | 4,792,644.98 |  | 12.71% | 12.21% |
| FINLAND 0,50 17-27 | 1,200,000 | EUR | 107.71 | 1,292,490.00 | 3.43% | 3.29% |
| France |  |  |  | 1,292,490.00 |  | 3.43% | 3.29% |
| FRANCE 1,75 13-24 | 200,000 | EUR | 109.72 | 219,449.00 | 0.58% | 0.56% |
| FRANCE 1,75 17-39 | 150,000 | EUR | 132.21 | 198,319.50 | 0.53% | 0.51% |
| FRANCE 2,50 13-30 | 1,300,000 | EUR | 127.79 | 1,661,211.50 | 4.41% | 4.23% |
| FRA OAT 4,00 04-55 | 250,000 | EUR | 216.99 | 542,486.25 | 1.44% | 1.38% |
| Hungary (Republic) |  |  |  | 2,621,466.25 |  | 6.95% | 6.68% |
| HUNGARY 1,75 17-27 | 900,000 | EUR | 110.12 | 991,102.50 | 2.63% | 2.52% |
| Ireland |  |  |  | 991,102.50 |  | 2.63% | 2.52% |
| IRELAND 1,30 18-33 | 1,500,000 | EUR | 118.92 | 1,783,830.00 | 4.73% | 4.54% |
| Italy |  |  |  | 1,783,830.00 |  | 4.73% | 4.54% |
| BTPS 3,45 17-48 | 1,050,000 | EUR | 147.46 | 1,548,303.75 | 4.11% | 3.94% |
| ITALY 0,4 19-30 | 950,000 | EUR | 106.19 | 1,020,438.91 | 2.71% | 2.60% |
| ITALY 1,75 19-24 | 1,000,000 | EUR | 106.93 | 1,069,320.00 | 2.84% | 2.72% |
| ITALY 2,70 16-47 | 300,000 | EUR | 129.95 | 389,854.50 | 1.03% | 0.99% |
| ITALY 4,00 05-37 | 1,500,000 | EUR | 144.62 | 2,169,315.00 | 5.75% | 5.52% |
| ITALY 4,50 10-26 | 1,650,000 | EUR | 123.36 | 2,035,415.25 | 5.40% | 5.18% |
| ITALY 4,75 08-23 | 200,000 | EUR | 113.39 | 226,778.00 | 0.60% | 0.58% |
| ITALY 4,75 13-28 | 1,800,000 | EUR | 133.66 | 2,405,970.00 | 6.38% | 6.13% |
|  |  |  |  | 10,865,395.41 |  | 28.81% | 27.67% |

| Description | Quantity at 31 December 2020 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Netherlands |  |  |  | 536,184.00 |  | 1.42% | 1.37% |
| NETHERLDS 2,75 14-47 | 300,000 | EUR | 178.73 |
| Poland (Republic) |  |  |  | 536,184.00 |  | 1.42% | 1.37% |
| POLAND 1,00 16-28 | 300,000 | EUR | 108.81 | 326,416.50 | 0.87% | 0.83% |
| POLAND 1,00 19-29 | 300,000 | EUR | 109.33 | 327,987.00 | 0.87% | 0.84% |
| Portugal |  |  |  | 654,403.50 |  | 1.74% | 1.67% |
| PORTUGAL 2,25 18-34 | 850,000 | EUR | 126.12 | 1,072,003.00 | 2.84% | 2.73% |
| PORTUGAL 3,875 14-30 | 550,000 | EUR | 135.63 | 745,962.25 | 1.98% | 1.90% |
| PORTUGAL 4,125 17-27 | 1,500,000 | EUR | 128.08 | 1,921,207.50 | 5.09% | 4.89% |
| Romania |  |  |  | 3,739,172.75 |  | 9.92% | 9.52% |
| ROMANIA 2,00 19-26 | 400,000 | EUR | 106.95 | 427,812.00 | 1.13% | 1.09% |
| ROMANIA 2,00 20-32 | 200,000 | EUR | 105.06 | 210,112.00 | 0.56% | 0.54% |
| ROMANIA 2,875 18-29 | 400,000 | EUR | 112.70 | 450,782.00 | 1.20% | 1.15% |
| ROMANIA 4,625 19-49 | 400,000 | EUR | 135.05 | 540,184.00 | 1.43% | 1.38% |
| Slovenia (Republic) |  |  |  | 1,628,890.00 |  | 4.32% | 4.15% |
| SLOVENIA 1,00 18-28 | 300,000 | EUR | 109.62 | 328,873.50 | 0.87% | 0.84% |
| SLOVENIA 3,125 15-45 | 400,000 | EUR | 167.71 | 670,858.00 | 1.78% | 1.71% |
| SLOVENIA 4,625 09-24 | 100,000 | EUR | 119.13 | 119,134.00 | 0.32% | 0.30% |
|  |  |  |  | 1,118,865.50 |  | 2.97% | 2.85% |
| Total - State |  |  |  | 31,091,723.36 | 82.45% | 79.18% |
| International institution |  |  |  |  |  |  |
| Luxembourg (Grand Duchy) |  |  |  |  |  |  |
| ESM 1,20 18-33 | 500,000 | EUR | 117.84 | 589,192.50 | 1.56% | 1.50% |
|  |  |  |  | 589,192.50 |  | 1.56% | 1.50% |
| Total - International institution |  |  |  | 589,192.50 | 1.56% | 1.50% |
| Public Sector Bond |  |  |  |  |  |  |
| Belgium |  |  |  |  |  |  |
| FLEMISH 1,375 18-33 | 800,000 | EUR | 118.04 | 944,320.00 | 2.50% | 2.40% |
| FLEMISH 1,875 17-42 | 200,000 | EUR | 132.58 | 265,159.00 | 0.70% | 0.68% |
| Germany (Federal Republic) |  |  |  | 1,209,479.00 |  | 3.21% | 3.08% |
| KFW 0,00 20-27 | 1,150,000 | EUR | 103.41 | 1,189,209.25 | 3.15% | 3.03% |
| KFW 0,375 16-26 | 400,000 | EUR | 105.13 | 420,510.00 | 1.12% | 1.07% |
|  |  |  |  | 1,609,719.25 |  | 4.27% | 4.10% |
| Total - Public Sector Bond |  |  |  | 2,819,198.25 | 7.48% | 7.18% |
| Private corporation |  |  |  |  |  |  |
| Austria |  |  |  |  |  |  |
| AUTOBAHN 1,50 15-30 | 250,000 | EUR | 117.25 | 293,112.50 | 0.78% | 0.75% |
| Belgium |  |  |  | 293,112.50 |  | 0.78% | 0.75% |
| FLEMISH 1,50 18-38 | 300,000 | EUR | 121.98 | 365,944.50 | 0.97% | 0.93% |
|  |  |  |  | 365,944.50 |  | 0.97% | 0.93% |

| Description | Quantity at 31 December 2020 | Currency | Price in currency | Evaluation EUR | % by the UCI | % portfolio | % net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Germany (Federal Republic) |  |  |  | 604,500.00 |  | 1.60% | 1.54% |
| KFW 1,25 16-36 | 500,000 | EUR | 120.90 |
| Spain |  |  |  | 604,500.00 |  | 1.60% | 1.54% |
| MADRID 0,419 20-30 | 500,000 | EUR | 102.82 | 514,120.00 | 1.36% | 1.31% |
| Luxembourg (Grand Duchy) |  |  |  | 514,120.00 |  | 1.36% | 1.31% |
| EUROPEAN 1,25 18-33 | 450,000 | EUR | 119.49 | 537,684.75 | 1.43% | 1.37% |
| Slovakia (Slovak Republic) |  |  |  | 537,684.75 |  | 1.43% | 1.37% |
| SLOVAKIA 1,375 15-27 | 800,000 | EUR | 112.05 | 896,408.00 | 2.38% | 2.28% |
|  |  |  |  | 896,408.00 |  | 2.38% | 2.28% |
| Total - Private corporation |  |  |  | 3,211,769.75 | 8.52% | 8.18% |
| Total - Bonds and other debt securities |  |  |  | 37,711,883.86 | 100.00% | 96.04% |
| Total - Transferable securities admitted to an official stock exchange listing |  |  |  | 37,711,883.86 | 100.00% | 96.04% |
| Total - portfolio |  |  |  | 37,711,883.86 | 100.00% | 96.04% |
| Collatéral |  |  |  | 0.00 |  | 0.00% |
| Deposits and liquid assets |  |  |  |  |  |  |
| deposit and liquid assets |  | EUR |  | 518,049.11 |  | 1.32% |
| Banque Degroof Petercam |  | EUR |  | 717,202.07 |  | 1.83% |
| Total - deposit and liquid assets |  |  |  | 1,235,251.18 |  | 3.15% |
| Total - Deposits and liquid assets |  |  |  | 1,235,251.18 |  | 3.15% |
| Other receivables and other payables |  |  |  | -25,362.83 |  | -0.06% |
| Others |  |  |  | 344,566.61 |  | 0.88% |
| Total net assets |  |  |  | 39,266,338.82 |  | 100,00% |

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Translation (ENFR, 2020-12-31):
# COMPOSITION DES ACTIFS
| Dénomination | Quantité au 31 décembre 2020 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Valeurs mobilières admises à la cote officielle d'une bourse de valeurs |  |  |  |  |  |  |  |
| Obligations et autres titres de créances |  |  |  |  |  |  |
| Emis(es) par état |  |  |  |  |  |  |
| Autriche |  |  |  |  |  |  |
| AUSTRIA 0,5 19-29 | 7.000.000 | EUR | 108,44 | 7.590.800,00 | 1,18% | 1,15% |
| AUSTRIA 2,40 13-34 | 6.500.000 | EUR | 136,43 | 8.867.950,00 | 1,38% | 1,34% |
| Belgique |  |  |  | 16.458.750,00 |  | 2,56% | 2,49% |
| BELGIQUE 3,75 13-45 | 3.000.000 | EUR | 183,86 | 5.515.875,00 | 0,86% | 0,83% |
| BELGIUM 0,80 18-28 | 2.000.000 | EUR | 110,20 | 2.203.920,00 | 0,34% | 0,33% |
| Chypre |  |  |  | 7.719.795,00 |  | 1,20% | 1,17% |
| CYPRUS 0,625 20-30 | 1.750.000 | EUR | 104,42 | 1.827.402,50 | 0,28% | 0,28% |
| CYPRUS 1,25 20-40 | 1.000.000 | EUR | 108,40 | 1.083.975,00 | 0,17% | 0,16% |
| CYPRUS 2,375 18-28 | 4.000.000 | EUR | 117,58 | 4.703.380,00 | 0,73% | 0,71% |
| CYPRUS 2,75 19-34 | 3.125.000 | EUR | 129,07 | 4.033.531,25 | 0,63% | 0,61% |
| CYPRUS 2,75 19-49 | 1.500.000 | EUR | 144,38 | 2.165.685,00 | 0,34% | 0,33% |
| CYPRUS 4,25 15-25 | 5.250.000 | EUR | 121,25 | 6.365.546,25 | 0,99% | 0,96% |
| Allemagne |  |  |  | 20.179.520,00 |  | 3,14% | 3,05% |
| GERMANY 0,50 14-30 | 3.500.000 | EUR | 120,19 | 4.442.964,29 | 0,69% | 0,67% |
| GERMANY 1,00 15-25 | 2.350.000 | EUR | 108,25 | 2.543.992,50 | 0,40% | 0,38% |
| GERMANY 1,50 14-24 | 1.000.000 | EUR | 107,77 | 1.077.705,00 | 0,17% | 0,16% |
| GERMANY 2,50 12-44 | 2.000.000 | EUR | 168,00 | 3.360.040,00 | 0,52% | 0,51% |
| GERMANY 4,00 05-37 | 2.000.000 | EUR | 173,30 | 3.465.950,00 | 0,54% | 0,52% |
| Espagne |  |  |  | 14.890.651,79 |  | 2,32% | 2,25% |
| SPAIN 0,50 20-30 | 5.500.000 | EUR | 104,84 | 5.766.310,00 | 0,90% | 0,87% |
| SPAIN 1,00 14-30 | 2.000.000 | EUR | 120,17 | 2.508.677,16 | 0,39% | 0,38% |
| SPAIN 1,30 16-26 | 5.500.000 | EUR | 109,88 | 6.043.482,50 | 0,94% | 0,91% |
| SPAIN 1,60 15-25 | 15.200.000 | EUR | 109,11 | 16.584.720,00 | 2,58% | 2,50% |
| SPAIN 1,85 19-35 | 3.000.000 | EUR | 121,19 | 3.635.655,00 | 0,57% | 0,55% |
| SPAIN 1,95 15-30 | 4.550.000 | EUR | 118,68 | 5.399.735,25 | 0,84% | 0,82% |
| SPAIN 2,15 15-25 | 8.000.000 | EUR | 112,65 | 9.011.720,00 | 1,40% | 1,36% |
| SPAIN 2,35 17-33 | 3.000.000 | EUR | 126,31 | 3.789.435,00 | 0,59% | 0,57% |
| SPAIN 2,90 16-46 | 6.000.000 | EUR | 149,99 | 8.999.550,00 | 1,40% | 1,36% |
| SPAIN 4,20 05-37 | 4.250.000 | EUR | 159,35 | 6.772.545,00 | 1,05% | 1,02% |
| SPAIN 4,40 13-23 | 2.500.000 | EUR | 114,16 | 2.853.950,00 | 0,44% | 0,43% |
| SPAIN 4,65 10-25 | 2.000.000 | EUR | 123,65 | 2.473.040,00 | 0,38% | 0,37% |
| SPAIN 5,15 13-44 | 2.000.000 | EUR | 197,80 | 3.956.090,00 | 0,62% | 0,60% |
| SPAIN IL 0,70 17-33 | 6.500.000 | EUR | 120,44 | 8.035.666,47 | 1,25% | 1,21% |
| Finlande |  |  |  | 85.830.576,38 |  | 13,36% | 12,96% |
| FINLAND 0,50 17-27 | 10.600.000 | EUR | 107,71 | 11.416.995,00 | 1,78% | 1,72% |
| FINLAND 0,75 15-31 | 7.600.000 | EUR | 112,43 | 8.544.642,00 | 1,33% | 1,29% |
| FINLANDE 2,75 12-28 | 3.000.000 | EUR | 125,65 | 3.769.380,00 | 0,59% | 0,57% |
| France |  |  |  | 23.731.017,00 |  | 3,69% | 3,58% |
| FRANCE 1,75 17-39 | 2.000.000 | EUR | 132,21 | 2.644.260,00 | 0,41% | 0,40% |
| FRANCE 2,50 13-30 | 7.850.000 | EUR | 127,79 | 10.031.161,75 | 1,56% | 1,52% |

| Dénomination | Quantité au 31 décembre 2020 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| FRANCE OA 3,25 12-45 | 5.250.000 | EUR | 172,86 | 9.075.045,00 |  | 1,41% | 1,37% |
| FRANCE OAT 3,5 10-26 | 2.000.000 | EUR | 122,47 | 2.449.310,00 | 0,38% | 0,37% |
| FRA OAT 2,75 12-27 | 8.600.000 | EUR | 123,09 | 10.585.439,00 | 1,65% | 1,60% |
| FRA OAT 4,00 04-55 | 500.000 | EUR | 216,99 | 1.084.972,50 | 0,17% | 0,16% |
| FRA OAT 5,50 97-29 | 7.350.000 | EUR | 151,10 | 11.105.519,25 | 1,73% | 1,68% |
| Grèce |  |  |  | 46.975.707,50 |  | 7,31% | 7,10% |
| GREECE 3,90 17-33 | 5.000.000 | EUR | 135,94 | 6.796.800,00 | 1,06% | 1,03% |
| HELLENIC 1,50 20-30 | 4.550.000 | EUR | 108,05 | 4.916.093,00 | 0,77% | 0,74% |
| HELLENIC 1,875 19-26 | 8.000.000 | EUR | 109,28 | 8.742.760,00 | 1,36% | 1,32% |
| HELLENIC 1,875 20-35 | 3.300.000 | EUR | 113,17 | 3.734.692,50 | 0,58% | 0,56% |
| HELLENIC 3,45 19-24 | 7.500.000 | EUR | 111,44 | 8.358.337,50 | 1,30% | 1,26% |
| HELLENIC 4,375 17-22 | 1.000.000 | EUR | 107,13 | 1.071.335,00 | 0,17% | 0,16% |
| Croatie (République) |  |  |  | 33.620.018,00 |  | 5,23% | 5,08% |
| CROATIA 1,50 20-31 | 8.400.000 | EUR | 109,70 | 9.214.548,00 | 1,43% | 1,39% |
| CROATIA 3,00 15-25 | 2.000.000 | EUR | 112,25 | 2.244.910,00 | 0,35% | 0,34% |
| Hongrie (République) |  |  |  | 11.459.458,00 |  | 1,78% | 1,73% |
| HUNGARY 0,50 20-30 | 6.500.000 | EUR | 99,41 | 6.461.585,00 | 1,01% | 0,98% |
| HUNGARY 1,25 18-25 | 9.500.000 | EUR | 105,71 | 10.042.212,50 | 1,56% | 1,52% |
| HUNGARY 1,75 17-27 | 3.920.000 | EUR | 110,12 | 4.316.802,00 | 0,67% | 0,65% |
| Irlande |  |  |  | 20.820.599,50 |  | 3,24% | 3,14% |
| IRELAND 1,30 18-33 | 6.100.000 | EUR | 118,92 | 7.254.242,00 | 1,13% | 1,10% |
| IRELAND 1,35 18-31 | 2.000.000 | EUR | 117,32 | 2.346.460,00 | 0,37% | 0,35% |
| IRELAND 2,00 15-45 | 6.000.000 | EUR | 144,12 | 8.647.080,00 | 1,35% | 1,31% |
| IRISH TREA 1,0 16-26 | 5.300.000 | EUR | 108,69 | 5.760.543,50 | 0,90% | 0,87% |
| Italie |  |  |  | 24.008.325,50 |  | 3,74% | 3,63% |
| ITA BTP 5,25 98-29 | 3.900.000 | EUR | 142,25 | 5.547.808,50 | 0,86% | 0,84% |
| ITALY 0,40 16-24 | 10.100.000 | EUR | 101,86 | 10.251.127,86 | 1,60% | 1,55% |
| ITALY 0,4 19-30 | 11.400.000 | EUR | 106,19 | 12.245.266,94 | 1,91% | 1,85% |
| ITALY 0,95 20-30 | 6.500.000 | EUR | 104,59 | 6.798.415,00 | 1,06% | 1,03% |
| ITALY 1,45 18-25 | 8.600.000 | EUR | 106,92 | 9.194.862,00 | 1,43% | 1,39% |
| ITALY 1,60 16-26 | 2.000.000 | EUR | 108,64 | 2.172.860,00 | 0,34% | 0,33% |
| ITALY 1,65 20-30 | 12.500.000 | EUR | 111,02 | 13.877.062,50 | 2,16% | 2,10% |
| ITALY 1,75 19-24 | 10.500.000 | EUR | 106,93 | 11.227.860,00 | 1,75% | 1,70% |
| ITALY 3,25 14-2046 | 7.750.000 | EUR | 141,81 | 10.990.275,00 | 1,71% | 1,66% |
| ITALY 4,00 05-37 | 8.000.000 | EUR | 144,62 | 11.569.680,00 | 1,80% | 1,75% |
| ITALY 4,50 10-26 | 7.900.000 | EUR | 123,36 | 9.745.321,50 | 1,52% | 1,47% |
| ITALY 4,50 13-24 | 3.400.000 | EUR | 115,19 | 3.916.290,00 | 0,61% | 0,59% |
| ITALY 4,75 13-28 | 9.650.000 | EUR | 133,66 | 12.898.672,50 | 2,01% | 1,95% |
| ITALY 4,75 13-44 | 7.250.000 | EUR | 171,00 | 12.397.862,50 | 1,93% | 1,87% |
| ITALY BTP 1,65 15-32 | 4.000.000 | EUR | 111,08 | 4.443.060,00 | 0,69% | 0,67% |
| ITALY BTP 3,85 18-49 | 7.000.000 | EUR | 158,20 | 11.074.105,00 | 1,72% | 1,67% |
| ITALY BTP 5,00 09-40 | 5.250.000 | EUR | 167,89 | 8.814.461,25 | 1,37% | 1,33% |
| Luxembourg (Grand-Duché) |  |  |  | 157.164.990,55 |  | 24,46% | 23,74% |
| LUXEMBG 0,625 17-27 | 3.000.000 | EUR | 107,23 | 3.216.960,00 | 0,50% | 0,49% |
| Pays-Bas |  |  |  | 3.216.960,00 |  | 0,50% | 0,49% |
| NETHERLDS 2,00 14-24 | 1.000.000 | EUR | 109,78 | 1.097.750,00 | 0,17% | 0,17% |
| NETHLD 4,00 05-37 | 1.500.000 | EUR | 171,63 | 2.574.412,50 | 0,40% | 0,39% |
|  |  |  |  | 3.672.162,50 |  | 0,57% | 0,55% |

| Dénomination | Quantité au 31 décembre 2020 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Pologne (République) |  |  |  |  |  |  |  |
| POLAND 1,00 16-28 | 100.000 | EUR | 108,81 | 108.805,50 | 0,02% | 0,02% |
| POLAND 1,00 19-29 | 1.000.000 | EUR | 109,33 | 1.093.290,00 | 0,17% | 0,17% |
| POLAND 5,25 10-25 | 1.950.000 | EUR | 123,00 | 2.398.558,50 | 0,37% | 0,36% |
| Portugal |  |  |  | 3.600.654,00 |  | 0,56% | 0,54% |
| PORTUGAL 0,475 20-30 | 3.500.000 | EUR | 104,39 | 3.653.527,50 | 0,57% | 0,55% |
| PORTUGAL 0,90 20-35 | 3.000.000 | EUR | 107,35 | 3.220.425,00 | 0,50% | 0,49% |
| PORTUGAL 2,125 18-28 | 3.500.000 | EUR | 117,92 | 4.127.182,50 | 0,64% | 0,62% |
| PORTUGAL 2,25 18-34 | 6.100.000 | EUR | 126,12 | 7.693.198,00 | 1,20% | 1,16% |
| PORTUGAL 2,875 15-25 | 3.500.000 | EUR | 116,03 | 4.061.102,50 | 0,63% | 0,61% |
| PORTUGAL 2,875 16-26 | 3.500.000 | EUR | 118,15 | 4.135.407,50 | 0,64% | 0,62% |
| PORTUGAL 3,875 14-30 | 6.250.000 | EUR | 135,63 | 8.476.843,75 | 1,32% | 1,28% |
| PORTUGAL 4,10 06-37 | 4.250.000 | EUR | 158,28 | 6.727.027,50 | 1,05% | 1,02% |
| PORTUGAL 4,125 17-27 | 3.000.000 | EUR | 128,08 | 3.842.415,00 | 0,60% | 0,58% |
| Roumanie |  |  |  | 45.937.129,25 |  | 7,15% | 6,94% |
| ROMANIA 1,375 20-29 | 1.000.000 | EUR | 102,03 | 1.020.295,00 | 0,16% | 0,15% |
| ROMANIA 2,00 19-26 | 4.600.000 | EUR | 106,95 | 4.919.838,00 | 0,77% | 0,74% |
| ROMANIA 2,00 20-32 | 7.000.000 | EUR | 105,06 | 7.353.920,00 | 1,14% | 1,11% |
| ROMANIA 2,375 17-27 | 9.000.000 | EUR | 109,42 | 9.847.530,00 | 1,53% | 1,49% |
| ROMANIA 2,875 18-29 | 2.000.000 | EUR | 112,70 | 2.253.910,00 | 0,35% | 0,34% |
| ROMANIA 3,50 19-34 | 1.500.000 | EUR | 119,33 | 1.789.935,00 | 0,28% | 0,27% |
| ROMANIA 3,875 15-35 | 2.000.000 | EUR | 122,60 | 2.451.990,00 | 0,38% | 0,37% |
| ROMANIA 4,625 19-49 | 1.500.000 | EUR | 135,05 | 2.025.690,00 | 0,32% | 0,31% |
| Slovénie (République) |  |  |  | 31.663.108,00 |  | 4,93% | 4,78% |
| SLOVENIA 0,488 20-50 | 1.200.000 | EUR | 105,62 | 1.267.428,00 | 0,20% | 0,19% |
| SLOVENIA 0,875 20-30 | 4.500.000 | EUR | 110,22 | 4.959.855,00 | 0,77% | 0,75% |
| SLOVENIA 1,00 18-28 | 2.500.000 | EUR | 109,62 | 2.740.612,50 | 0,43% | 0,41% |
| SLOVENIA 3,125 15-45 | 3.700.000 | EUR | 167,71 | 6.205.436,50 | 0,97% | 0,94% |
|  |  |  |  | 15.173.332,00 |  | 2,36% | 2,29% |
| Total - Emis(es) par état |  |  |  | 566.122.754,97 | 88,11% | 85,51% |
| Emis(es) par une institution internationale |  |  |  |  |  |  |
| Luxembourg (Grand-Duché) |  |  |  |  |  |  |
| EFSF 0,05 19-29 | 6.000.000 | EUR | 104,24 | 6.254.310,00 | 0,97% | 0,94% |
| ESM 0,01 20-30 | 6.500.000 | EUR | 103,88 | 6.752.167,50 | 1,05% | 1,02% |
| ESM 0,75 17-27 | 5.000.000 | EUR | 108,10 | 5.405.050,00 | 0,84% | 0,82% |
| ESM 1,20 18-33 | 3.000.000 | EUR | 117,84 | 3.535.155,00 | 0,55% | 0,53% |
| EUROPEAN 0,0 20-35 | 460.000 | EUR | 102,87 | 473.192,80 | 0,07% | 0,07% |
|  |  |  |  | 22.419.875,30 |  | 3,49% | 3,39% |
| Total - Emis(es) par une institution internationale |  |  |  | 22.419.875,30 | 3,49% | 3,39% |
| Obligation du Secteur Public |  |  |  |  |  |  |
| Belgique |  |  |  |  |  |  |
| FLEMICH 1,00 16-36 | 1.300.000 | EUR | 113,81 | 1.479.543,00 | 0,23% | 0,22% |
| FLEMISH 0,375 16-26 | 9.300.000 | EUR | 104,32 | 9.701.481,00 | 1,51% | 1,47% |
| FLEMISH 1,375 18-33 | 3.800.000 | EUR | 118,04 | 4.485.520,00 | 0,70% | 0,68% |
| FLEMISH 1,875 17-42 | 1.800.000 | EUR | 132,58 | 2.386.431,00 | 0,37% | 0,36% |
| Allemagne |  |  |  | 18.052.975,00 |  | 2,81% | 2,73% |
| KFW 0,00 20-27 | 1.150.000 | EUR | 103,41 | 1.189.209,25 | 0,19% | 0,18% |
|  |  |  |  | 1.189.209,25 |  | 0,19% | 0,18% |

| Dénomination | Quantité au 31 décembre 2020 | Devise | Cours en devise | Evaluation EUR | % détenu par l'OPC | % porte- feuille | % actif net |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Total - Obligation du Secteur Public |  |  |  | 19.242.184,25 |  | 2,99% | 2,91% |
| Emis(es) par une entreprise privée |  |  |  |  |  |  |
| Autriche |  |  |  |  |  |  |
| AUTOBAHN 1,50 15-30 | 750.000 | EUR | 117,25 | 879.337,50 | 0,14% | 0,13% |
| Belgique |  |  |  | 879.337,50 |  | 0,14% | 0,13% |
| FLEMISH 1,50 18-38 | 1.300.000 | EUR | 121,98 | 1.585.759,50 | 0,25% | 0,24% |
| Allemagne |  |  |  | 1.585.759,50 |  | 0,25% | 0,24% |
| KFW 0,50 17-27 | 4.000.000 | EUR | 106,98 | 4.279.300,00 | 0,67% | 0,65% |
| KFW 1,25 16-36 | 3.500.000 | EUR | 120,90 | 4.231.500,00 | 0,66% | 0,64% |
| Espagne |  |  |  | 8.510.800,00 |  | 1,32% | 1,29% |
| MADRID 0,419 20-30 | 5.700.000 | EUR | 102,82 | 5.860.968,00 | 0,91% | 0,89% |
| Italie |  |  |  | 5.860.968,00 |  | 0,91% | 0,89% |
| ITALY 3,10 11-26 | 2.500.000 | EUR | 121,84 | 3.376.452,30 | 0,53% | 0,51% |
| Pays-Bas |  |  |  | 3.376.452,30 |  | 0,53% | 0,51% |
| BNG BK 0,10 20-30 | 7.500.000 | EUR | 103,73 | 7.779.600,00 | 1,21% | 1,18% |
| Slovaquie (République slovaque) |  |  |  | 7.779.600,00 |  | 1,21% | 1,18% |
| SLOVAKIA 1,375 15-27 | 6.000.000 | EUR | 112,05 | 6.723.060,00 | 1,05% | 1,02% |
|  |  |  |  | 6.723.060,00 |  | 1,05% | 1,02% |
| Total - Emis(es) par une entreprise privée |  |  |  | 34.715.977,30 | 5,40% | 5,24% |
| Total - Obligations et autres titres de créances |  |  |  | 642.500.791,82 | 100,00% | 97,04% |
| Total - Valeurs mobilières admises à la cote officielle d'une bourse de valeurs |  |  |  | 642.500.791,82 | 100,00% | 97,04% |
| Total - portefeuille |  |  |  | 642.500.791,82 | 100,00% | 97,04% |
| Collatéral |  |  |  | 0,00 |  | 0,00% |
| Dépôts et Liquidités |  |  |  |  |  |  |
| Avoirs bancaires à vue |  |  |  |  |  |  |
| Banque Degroof Petercam |  | EUR |  | 12.380.114,83 |  | 1,87% |
| Compte courant |  | EUR |  | 2.279.571,65 |  | 0,34% |
| Total - Avoirs bancaires à vue |  |  |  | 14.659.686,48 |  | 2,21% |
| Total - Dépôts et Liquidités |  |  |  | 14.659.686,48 |  | 2,21% |
| Créances et dettes diverses |  |  |  | -456.339,29 |  | -0,07% |
| Autres |  |  |  | 5.381.661,57 |  | 0,81% |
| Actif Net Total |  |  |  | 662.085.800,58 |  | 100,00% |

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