Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 57

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 57
---
Gas

Corridor

CJSC

,

Senior

Bond

,

Reg

S,

6.875

%

,

3/24/26

.........................................

Azerbaijan

360,000

364,498

Turkiye

Government

Bond

,

Senior

Note

,

9.125

%

,

7/13/30

.....

Turkiye

570,000

646,028

Putnam

Master

Intermediate

Income

Trust

Schedule

of

Investments

franklintempleton.com

Annual

Report

The

accompanying

notes

are

an

integral

part

of

these

### financial
statements.

24

a

a

#### Country

#### Principal

#### Amount
***

a**

#### Value
a

#### a

#### a
a

#### a

#### Foreign

#### Government

#### and

#### Agency

#### Securities
(continued)

b

Uzbekistan

Government

Bond

,

Senior

Note

,

Reg

S,

6.9

%

,

2/28/32

.........................................

Uzbekistan

330,000

$

355,553

#### Total

#### Foreign

#### Government

#### and

#### Agency

#### Securities
**(Cost

$17,828,336)

............**

#### 18,727,699

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### 0.1%
i

United

States

Treasury

Notes

,

0.625

%,

11/30/27

............

United

States

151,000

141,725

#### Total

#### U.S.

#### Government

#### and

#### Agency

#### Securities
**(Cost

$141,725)

..................**

#### 141,725

#### Asset-Backed

#### Securities

#### 2.2%

### Financial

#### Services

#### 2.2%
b,g

BDS

Ltd.

,

2021-FL9

,

A

,

144A,

FRN

,

5.32

%

,

(

1-month

SOFR

+

1.184

%

),

11/16/38

.

.................................

United

States

39,749

39,902

b,g

Black

Diamond

CLO

Ltd.

,

2024-1A

,

D1

,

144A,

FRN

,

8.768

%

,

(

3-month

SOFR

+

4