CNY/USD= IMF M2 17.9% M % wang

2005 10 17 10 14 CNY/USD=8.0896 10.8-10.14 900 28 100 100 590 310 IMF 1 2 2005 9 75.7 9 M2 17.9% 3 550 100 650 9 M2 2.5 78.4% 0755-25832896 Email:wanghaoyu@fcsc.cn Snow Greenspan Snow Greenspan G7 http://www.firstcapital.com.cn 12 5 7 B-25 7 5 1

10.10-10.14 2000 109.60 200 117.60 1600 109.40 160 117.40 1200 800 109.20 109.00 120 80 117.20 117.00 116.80 400 108.80 40 116.60 0 10-10 10-11 10-12 10-13 10-14 108.60 0 10-10 10-11 10-12 10-13 10-14 116.40 (bp) (bp) 1Y 1.24% 3 4.15% 18-291 2Y 1.60% 4 4.27% 14-267 3Y 2.08% -12 4.30% 17-222 5Y 2.34% -2 4.34% 20-200 7Y 2.55% -7 4.40% 20-185 10Y 3.09% -12 4.48% 19-139 20Y 3.50% -11 4.76% 17-126 1.40% 1.30% 1.20% 1.10% 1.00% 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 2

1. - 10 14 IMF -- -- --, - IMF 1 2 9 75.7-3 3 10245.1 2004 2-3 31.3% 30% 16% 1-8 1.1 9 25.9% 6.2 23.5% 9 75.7 5-2005 3

9 75.7 1 9 2 9 50% 150 40% 100 30% 50 20% 10% 0 0% -50 04.2 5 8 11 3 6 9-100 2004 2005 1 2 3 4 5 6 7 8 9 2. 9-10 14 9 M2 17.9% 4 3.2 8 0.6 M1 11.6% 2.1 0.1-9 3453 951 2003 434 2003 9 9 2003 9 3 M2 4 9 M2 24% 22% 20% 18% 16% 14% 12% 10% 01.4 11 6 03.1 8 3 10 5 7000 5000 3000 1000-1000 2003 2004 2005 1 2 3 4 5 6 7 8 9-9 M2 17.9% 3 9 4

M2 2.5 78.4% 3. 3.34% - 10 13 ---2005 3.34% 6 28.15 2.815 053101 10 10-10 AAA 100-10 13 100 3 50 2.13% 5 50 2.56% 2.54 2.57 4. 6-10 11 96 1 1.3274% 10 13 97 3 1.1666% 98 6 1.2309% 1-10 11 28 100 1.02% 6 100 2-6 6 5

6-9 9 3.96% 1 1 BP 96 1 300 1.3274% 0 97 3400 1.1666% 0 98 6200 1.2309% - 900 2 ( BP 28 100 1.020% -1 100 5 500 400 300 200 100 0 8-30 9-6 9-13 9-20 9-27 10-11 2.1% 1.9% 1.7% 1.5% 1.3% 1.1% 0.9% 1 3 6 3 1 3 6 3 5. - 7 IBO007 22bp 1.79% 7 R007 5bp 1.12% 7 R007 112bp 1.53% 6 7 8 6

250 200 150 100 50 0 IBO007 R007 2.20% 2.00% 1.80% 1.60% 1.40% 1.20% 8-2 8-23 9-13 10-11 1600 1200 800 400 0 1.30% 1.25% 1.20% 1.15% 1.10% 8-2 8-23 9-13 10-11 250 200 150 100 50 0 R007 2.80% 2.50% 2.20% 1.90% 1.60% 1.30% 8-2 8-23 9-13 10-11 - 109.35 0.60% 69.38 28.49 9 1.20% 1.5 9 2004 10 29 K Wind - 3-5 5 1-2 7

050217 102.6-1 0215 0408 10-15bp 23bp 0215 0408 3 010215 2.93% 105.113 3.87 1000000 105113000 010408 4.30% 112.891 3.64-1000000 -112891000 0.0-7,778,000 10 0215 0408 30 0215-0408 20 10 0 04-10- -10 30 05-2-7 05-5-18 05-8-26 05-12-4-2 1 0110 0311 33bp 44bp 15-20bp 2 0403 0103-4bp -1bp 10-20bp - 2 1 0407 0307 24bp 8bp 90.05 2 0203 0410 52bp 37bp 83.15 - Snow Greenspan Snow Greenspan G7 8

- 5 7 7 5 11 12 0308-0311 100 80 60 40 20 0-204-1-14 04-8-1 05-2-17 05-9-5 9

1 2005 / % % 1 3 3.37 245 2005.3 05 01 5+5 4.83 90 2005-2-18 5 3.81 105 2005.3 05 02 10+5 5.18 90 2005-2-18 2 3 3.37 245 2005.4 05 01 5+5 B2W+149 90 2005-2-18 5 3.81 105 2005.4 05 01 0.5 2.45 100 2005-3-3 3 3 3.37 350 2005.5 05 02 2 3.38 100 2005-3-9 5 3.81 150 2005.5 05 03 10+5 4.67 100 2005-3-9 4 3 3.24 210 2005.8 05 015+5 4.83 69.3 2005-3-11 5 3.60 90 2005.8 05 01 5 4.13 100 2005-3-16 05 01 10 4.44 300 2005-2-25 05 02 1 2.25 100 2005-3-18 05 02 1 2.12 300 2005-3-15 05 03 0.5 2.04 150 2005-3-18 05 03 5 3.30 300 2005-4-25 05 04 3 3.15 80 2005-4-8 05 04 20 4.11 300 2005-5-13 05 04 10 R+72 200 2005-4-13 05 7 3.37 330 2005-5-23 05 1 1.99 100 2005-4-15 05 06 1 1.42 300 2005-6-13 05 10+5 4.67 100 2005-4-22 05 07 2 1.58 350.8 2005-7-14 05 06 10 R+72 100 2005-4-22 05 08 3 1.93 300 2005-8-11 05 07 5 B2W+84 100 2005-5-18 05 09 7 2.83 319.4 2005-8-23 05 08 5 3.58 100 2005-5-18 05 10 1 1.16 331.7 2005-9-13 05 06 5 B2W+82 100 2005-6-10 05 09 2 2.00 100 2005-6-15 05 10 10+5 3.82 100 2005-6-15 05 02 7 3.38 120 2005-6-22 05 07 1 1.65 120 2005-7-1 05 11 0.75 1.51 100 2005-7-5 05 08 3 2.50 173.3 2005-7-8 05 12 5 2.97 100 2005-7-13 05 13 10+5 3.64 100 2005-7-13 05 14 10 3.42 200 2005-7-27 05 15 0.75 1.30 100 2005-7-27 05 09 3 2.50 120 2005-7-29 05 16 0.75 1.37 150 2005-8-10 05 10 5 2.86 150 2005-8-11 05 01 3 2.59 70 2005-8-12 05 01 1 5+5 3.11 130 2005-8-19 05 01 2 10+5 3.77 130 2005-8-19 05 01 5+5 B2W+105 90 2005-8-19 05 17 20 4.10 200 2005-8-24 05 11 4+3 2.60 100 2005-9-2 05 12 3 2.23 100 2005-9-9 05 18 2 1.85 100 2005-9-14 05 14( ) 10 3.42 100 2005-9-14 05 13 5 2.72 100 2005-9-19 10

/ % % 05 20 30 4.01 200 2005-9-28 05 01 3 2.13 50 2005-10-13 05 02 5 2.56 50 2005-10-13 05 14 3 2.05 100 2005-10-14 #REF! 5022.6 chinabond 2 ( ) (%) 0501086 1.3274 1 200 98.69 2006-8-31 2005-9-27 R28 1.010 100 0501087 1.0859 3 200 99.73 2005-12-2 2006-3-2 R182 1.210 100 0501088 1.3274 1 200 98.69 2006-9-7 0501089 1.0859 3 300 99.73 2005-12-9 2006-3-9 R182 1.210 200 0501090 1.3274 1 200 98.69 2006-9-14 2005-10-11 R28 1.010 100 0501091 1.1262 3 400 99.72 2006-9-21 2006-3-16 R182 1.210 100 0501092 1.3274 1 250 98.69 2006-9-21 2005-10-18 R28 1.020 100 0501093 1.1666 3 400 99.71 2005-12-23 2006-3-23 R182 1.240 100 0501094 1.3274 1 250 98.69 2006-9-28 2005-10-25 R28 1.030 100 0501095 1.1666 3 450 99.71 2005-12-30 2006-3-30 R182 1.240 100 0501096 1.3274 1 300 98.69 206-10-12 2005-11-8 R28 1.020 100 0501097 1.1666 3 400 99.71 2006-1-13 0501098 1.2309 6 200 99.39 2006-4-14 chinabond 11

3 10.10 10.14 BP ( ) IBO001 1.23% -2 206300-181400 IBO007 1.52% -5 1155700-578250 IBO014 1.37% 12 41700-111700 IBO021 1.89% 51 28481-17619 IBO1M 1.85% -21 27000 5500 IBO2M 2.00% 8 1400-4600 IBO3M IBO4M 1460581 4 10.10-10.14 BP ( ) BP ( ) R001 1.831-134 981810 43010 R001 1.099-1 18950631 1065061 R002 2.453-348 14270 3520 R007 1.119-5 13488878 9003757 R003 1.875-163 119720 25770 R014 1.147-2 4657407-8270180 R004 1.838-248 105620 67350 R021 1.178-2 784576.3-1662764 R007 1.495-79 1903600 1337760 R1M 1.394 6 248465 13985 R014 1.564 11 409470-605160 R2M 1.293-2 127188.8 119439 R028 1.575 1 535600-348140 R3M 2.300 88 60000-20000 R091 1.767-4 83550 27940 R4M 1.580 13 28000 23000 R182 1.939 1 36750 22330 R6M 2.600 102 10000-50000 4190390 R9M R1y RC001 1.975-173 127230 75680 38355145 RC003 2.130-217 53680 52910 RC007 1.593-112 111270-11670 292180 12

5 10.10-10.14 ( ) BP 04 79 400 1 2005-10-20 0.014 1.36% 51488 05 75 150 0.25 2005-10-21 0.016 04 81 240 1 2005-10-27 0.033 1.28% -29 15991-14970 05 77 150 0.25 2005-10-28 0.036 04 83 80 1 2005-11-3 0.052 1.10% 19988 05 79 150 0.25 2005-11-4 0.055 04 85 120 1 2005-11-10 0.071 05 81 150 0.25 2005-11-11 0.074 04 87 150 1 2005-11-17 0.090 05 83 150 0.25 2005-11-18 0.093 04 89 240 1 2005-11-24 0.110 05 85 150 0.25 2005-11-25 0.112 04 91 200 1 2005-12-1 0.129 1.83% 58 25937-67855 05 87 200 0.25 2005-12-2 0.132 04 93 350 1 2005-12-8 0.148 1.12% -7 89840 87845 05 89 300 0.25 2005-12-9 0.151 04 96 350 1 2005-12-15 0.167 1.64% 23 35899-129611 05 91 400 0.25 2005-12-16 0.170 1.12% -3 119765 79865 04 100 200 1 2005-12-22 0.186 1.58% 41 7975-1998 05 93 400 0.25 2005-12-23 0.189 1.16% 3 39913 17 04 102 200 1 2005-12-29 0.205 1.27% 3 90456 37323 05 95 450 0.25 2005-12-30 0.208 1.16% -1 259352-249169 05 01 150 1 2006-1-5 0.225 05 360 1 2006-1-12 0.244 2.74% 147 63276-230907 05 97 400 0.25 2006-1-13 0.247 1.17% 295141 05 10 100 1 2006-1-19 0.263 1.28% 159455 05 18 200 1 2006-2-23 0.353 1.48% -40 137261 33044 05 02 200 1 2006-2-23 0.359 2.23% 3 178542-43903 04 103 200 1 2006-2-28 0.359 05 07 300 1 2006-2-28 0.373 1.49% 14 120325-49723 05 22 400 1 2006-3-2 0.378 1.42% -35 286440-3406 05 11 200 1 2006-3-3 0.381 05 26 300 1 2006-3-9 0.397 1.27% -12 134316-457066 05 13 200 1 2006-3-10 0.400 05 29 300 1 2006-3-16 0.416 1.42% -3 66602-233598 05 33 200 1 2005-3-23 0.436 1.25% -79 179004 71059 05 36 100 1 2006-3-30 0.455 05 39 300 1 2006-4-6 0.474 1.70% -36 178558 79618 05 42 200 1 2006-4-13 0.493 1.93% -65 158469-28923 13

( ) BP 05 42 200 1 2006-4-13 0.493 1.93% -65 158469-28923 05 98 200 0.5 2006-4-14 0.496 1.23% 235554 05 45 300 1 2006-4-20 0.512 1.91% -1 112880-70177 05 48 200 1 2006-4-27 0.532 1.28% -7 99317 87 05 51 150 1 2006-5-11 0.570 05 54 200 1 2006-5-18 0.589 1.29% 2 8931-93242 05 57 350 1 2006-5-25 0.608 1.55% -71 180283-106505 05 60 200 1 2006-6-1 0.627 05 62 200 1 2006-6-8 0.647 05 64 100 1 2006-6-15 0.666 2.71% 9 225919 126 05 66 150 1 2006-6-22 0.685 1.48% -55 31674 11967 05 68 150 1 2006-6-29 0.704 1.48% -19 17812-108604 05 70 150 1 2006-7-6 0.723 1.30% 41605 05 72 100 1 2006-7-13 0.742 05 74 100 1 2006-7-20 0.762 05 76 100 1 2006-7-27 0.781 05 78 150 1 2006-8-3 0.800 05 80 150 1 2006-8-10 0.819 05 82 150 1 2006-8-17 0.838 05 84 150 1 2006-8-24 0.858 05 86 200 1 2006-8-31 0.877 05 88 200 1 2006-9-7 0.896 1.31% -3 44479 24728 05 90 200 1 2006-9-14 0.915 05 92 250 1 2006-9-21 0.934 1.34% 94808 05 94 250 1 2006-9-28 0.953 05 96 300 1 2006-10-12 0.992 1.33% 379956 04 94 100 3 2007-12-10 2.153 04 98 100 3 2007-12-17 2.173 1.94% 6279 04 104 100 3 2007-12-31 2.211 2.01% 2092 05 03 150 3 2008-1-7 2.230 2.64% 66 9290-22142 05 08 300 3 2008-1-7 2.249 05 15 150 3 2008-2-18 2.345 2.07% 10 24944 6182 05 19 200 3 2008-2-25 2.364 05 23 400 3 2008-3-4 2.384 05 27 200 3 2008-3-11 2.403 05 31 200 3 2008-3-18 2.422 1.96% 5158 05 34 200 3 2005-3-25 2.441 2.29% 32 20476-20796 05 37 100 3 2008-4-1 2.460 05 40 200 3 2008-4-8 2.479 14

( ) BP 05 40 200 3 2008-4-8 2.479 05 43 300 3 2008-4-15 2.499 2.75% 73 52305-73647 05 46 350 3 2008-4-22 2.518 05 49 150 3 2008-4-29 2.537 05 52 250 3 2008-5-13 2.575 05 55 200 3 2008-5-20 2.595 2.00% -1 6150-1027 05 58 200 3 2008-5-27 2.614 4313905 15

6 10.10 10.14 ( ) BP 000008 00 08 102 3.40% 5 2005-10-20 0.01 030010 03 10 220 2.77% 2 2005-11-10 0.07 9805 98 5 90 5.01% 7 2005-12-23 0.19 9901 99 1 180 4.88% 7 2006-2-26 0.37 050002 05 02 * 300-1 2006-3-15 0.41 1.17% 2 32042-38392 0696 96 (6) 255.3 11.83% 10 2006-6-14 0.66 050006 05 06 353.8-1 2006-6-15 0.67 1.32% -10 47575 21835 040005 04 05 * 332.3 3.30% 2 2006-6-15 0.67 1.17% -84 5060-2828 9903 99 3 94 3.20% 7 2006-6-18 0.67 030005 03 05 260 2.32% 3 2006-6-23 0.69 010006 01 06 200 3.36% 5 2006-7-13 0.74 050010 05 10 331.7-1 2006-9-15 0.92 1.19% 0 106819-75792 9910 99 10 160 R+0.600% 7 2006-11-10 1.07 010013 01 13 200 2.86% 5 2006-11-27 1.12 040011 04 11 * 256.6 2.98% 2 2006-12-15 1.17 1.25% -5 7820 2720 000001 00 01 200 R+0.650% 7 2007-2-24 1.36 040002 04 02 260 3.20% 3 2007-4-9 1.48 020002 02 360 2.22% 5 2007-4-10 1.49 050007 05 07 300 1.58% 2 2007-7-15 1.75 1.61% -13 128223 35482 000006 00 06 125.5 3.50% 7 2007-8-17 1.84 9905 99 5 * 160 3.28% 8 2007-8-20 1.85 1.58% -156 2035-10296 9704 97 (4) * 130 9.78% 10 2007-9-5 1.89 0.71% -19 855 738 000012 00 12 252 R+0.600% 7 2007-12-20 2.18 030004 03 04 260 2.45% 5 2008-4-24 2.52 010005 01 05 180 3.71% 7 2008-6-22 2.69 030006 03 06 260 2.53% 5 2008-7-25 2.78 1.82% -3 91729 82561 050008 05 08 324.5 1.93% 3 2008-8-15 2.83 1.82% -4 30095 19574 9803 98 3 700 5.50% 10 2008-9-4 2.89 010014 01 14 200 2.90% 7 2008-12-10 3.15 9806 98 6 300 5.20% 10 2008-12-25 3.20 040008 04 08 336.1 4.30% 5 2009-10-20 3.51 040003 04 03 304.6 4.42% 5 2009-4-20 3.54 2.09% -20 103500-21916 9902 99 2 160 4.72% 10 2009-4-29 3.64 020006 02 06 460 2.00% 7 2009-6-6 3.86 2.17% -9 80233 78648 020011 02 11 200 2.64% 7 2009-8-23 3.89 2.18% -9 12202-15169 9906 99 6 * 600 R+0.300% 10 2009-9-3 4.01 020015 02 15 * 600 2.93% 7 2009-12-6 4.14 2.40% -5 169471 152047 030001 03 01 * 700 2.66% 7 2010-2-19 4.35 2.33% -19 99399 37458 000002 00 02 280 R+0.550% 10 2010-4-18 4.51 16

( ) BP 000002 00 02 280 R+0.550% 10 2010-4-18 4.51 050003 05 03 333.9 3.30% 5 2010-4-26 4.53 030007 03 07 * 460 2.66% 7 2010-8-20 4.85 2.48% -17 112192-132864 000007 00 07 200 R+0.470% 10 2010-9-21 4.93 000009 00 09 500 R+0.300% 10 2010-10-31 5.04 030011 03 11 * 360 3.50% 7 2010-11-19 5.10 3.37% -7 115676-233338 010001 01 200 R+0.570% 10 2011-3-23 5.44 040004 04 367.5 4.89% 7 2011-5-25 5.61 2.44% -230 3380-48995 040007 04 07 372.9 4.71% 7 2011-8-25 5.86 2.55% 4131 010009 01 09 200 R+0.520% 10 2011-8-31 5.88 040010 04 10 * 389.1 4.86% 7 2011-11-25 6.11 2.69% 1 22415 11195 020001 02 01 200 2.70% 10 2012-3-18 6.42 2.65% -4 4011-32011 050005 05 337.8 3.37% 7 2012-5-25 6.61 020009 02 09 173.3 2.70% 10 2012-7-19 6.76 050009 05 09 319.4 2.83% 7 2012-8-25 6.86 030002 03 02 260 2.80% 10 2013-4-9 7.48 040006 04 06 242.4 4.86% 10 2014-8-10 8.82 050001 05 01 * 300 4.44% 10 2015-2-28 9.37 3.01% -33 15649 4747 010004 01 04 120 4.69%# 15 2016-6-6 10.64 030009 03 09 220 4.18% 15 2018-10-24 13.03 3.23% 11031 010011 01 11 160 3.85%# 20 2021-10-23 16.02 050004 05 04 300 4.11% 20 2025-5-15 19.58 3.59% -50 5388-10740 020005 02 05 260 2.9%# 30 2032-5-24 26.61 3.34% -44 14857-6593 1225788 * p c! : 17

7 10.10 10.14 ( ) BP ( ) 010502 05 (2) * 300-1 2006-3-15 0.414 1.33% 11 25159 19544 000696 96 (6) * 255.3 11.83% 10 2006-6-14 0.663 0.71% 69 489 114 010405 04 (5) * 332.3-2 2006-6-15 0.666 1.25% 13 39118 17972 010506 05 (6) * 353.8-1 2006-6-15 0.666 1.38% 28 55 3 010510 05 (10) 331.7-1 2006-9-15 0.918 1.00% 5 537 122 010411 04 (11) * 256.6 2.98% 2 2006-12-15 1.167 1.28% -1 2704 1246 010507 05 (7) * 300 1.58% 2 2007-7-15 1.748 1.56% -11 314 192 009905 99 (5) * 160 3.28% 8 2007-8-20 1.847 1.59% 4 2087-359 009704 97 (4) * 130 9.78% 10 2007-9-5 1.890 0.62% -14 1605 1391 010214 02 (14) 224 2.65% 5 2007-10-24 2.025 2.00% -2 68959 44554 010010 20 (10) 120 R+0.380% 7 2007-11-14 2.082 2.07% -2 39257 16161 010103 21 (3) 120 3.27% 7 2008-4-24 2.523 2.06% -3 12331-2402 010508 05 (8) * 324.5 1.93% 3 2008-8-15 2.833 1.95% 4 55-2022 010115 21 (15) 200 3.00% 7 2008-12-18 3.175 2.22% -3 29887-11046 010403 04 (3) * 304.6 4.42% 5 2009-4-20 3.512 2.05% -4 5306 1369 010210 02 (10) 200 2.39% 7 2009-8-16 3.836 2.43% -10 20124-11520 009908 99 (8) 200 3.30% 10 2009-9-23 3.940 2.45% -6 101079 75266 010408 04 (8) * 336.1 4.30% 5 2009-10-20 4.014 2.03% -23 3182 2522 010215 02 (15) * 600 2.93% 7 2009-12-6 4.142 2.26% -9 14179 9092 010301 03 (1) * 700 2.66% 7 2010-2-19 4.348 2.27% -12 42508 26293 010503 05 (3) * 333.9 3.30% 5 2010-4-26 4.529 2.34% -2 1427 1095 010004 20 (4) 140 R+0.620% 10 2010-5-23 4.603 2.48% -10 15553 2130 010307 03 (7) * 460 2.66% 7 2010-8-20 4.847 2.31% -2 9295 6042 010311 03 (11) * 360 3.50% 7 2010-11-19 5.096 2.36% -4 1241-19075 010404 04 (4) * 367.5 4.89% 7 2011-5-25 5.608 2.37% -13 726-1455 010407 04 (7) * 372.9 4.71% 7 2011-8-25 5.860 2.39% -18 6356 4394 010110 21 (10) 200 2.95% 10 2011-9-25 5.945 2.80% -14 44119 22243 010112 21 (12) 200 3.05% 10 2011-10-30 6.041 2.80% -17 24849-11923 010410 04 (10) * 359.1 4.86% 7 2011-11-25 6.112 2.53% -6 371 10 010203 02 (3) 200 2.54% 10 2012-4-18 6.507 2.90% -19 17055-5654 010505 05 (5) * 337.8 3.37% 7 2012-5-25 6.608 2.62% -3 544 105 010509 05 (9) * 319.4 2.83% 7 2012-8-25 6.860 2.48% -13 1498 653 010308 03 (8) 163.8 3.02% 10 2013-9-17 7.923 3.04% -12 25236 3195 010501 05 (1) * 300 4.44% 10 2015-2-28 9.373 2.99% -16 1809-65 010213 02 (13) 240 2.6%# 15 2017-9-20 11.932 3.35% -13 38440 15677 010107 21 (7) 240 4.26%# 20 2021-7-31 15.792 3.47% -14 21818 8120 010303 03 (3) 260 3.4%# 20 2023-4-17 17.504 3.50% -11 74969 45271 050004 05 (4) * 300 4.11% 20 2025-5-15 19.581 3.50% -10 5437 3800 699678.0 : 18

8 10.10 10.14 ( ) BP 4045 97 83 170 7.38% 8 2005-10-20 0.014 020216 02 16 100-3 2005-10-26 0.030 02021403 02 14 03 s 3.63-3 2005-10-26 0.030 059003 05 CP01 6-0.25 2005-11-3 0.052 1.34% 4696 059004 05 CP01 9-0.25 2005-11-8 0.066 1.36% 9890 040402 04 02 100 3.68% 1 2005-11-8 0.066 1.04% -50 89174 75141 030303 03 120 3.00% 2 2005-11-25 0.112 2.96% 181 8000 5995 040219 04 19 150 3.21% 1 2005-12-7 0.145 1.16% 1 72223 67705 059005 05 CP01 5-0.25 2005-12-8 0.148 050402 05 02 100 2.25% 1 2006-3-25 0.441 1.24% -2 14062-42105 050211 05 11 100-0.75 2006-4-8 0.479 1.35% 69539 050405 05 100 1.99% 1 2006-4-25 0.526 050215 05 15 100-0.75 2006-5-10 0.567 050216 05 16 150-0.75 2006-5-15 0.581 1.40% 1 4959 2 030205 03 05 200 2.41% 3 2006-5-26 0.611 1.32% -3 55367 23148 040301 04 01 150 3.82% 2 2006-6-25 0.693 1.57% -153 14219-97350 040209 04 09 200 3.80% 2 2006-6-29 0.704 1.74% 16 95359-38802 050407 05 07 120 1.65% 1 2006-7-11 0.737 1.54% -3 51044-9996 040212 04 12 200 3.81% 2 2006-7-27 0.781 3.27% 150 326345 250104 030302 03 02 120 2.75% 3 2006-9-10 0.904 1.56% 14 152634 93904 030219 03 19 100 2.76%# 3 2006-9-15 0.918 030218 03 18 100 R+0.770% 3 2006-9-15 0.918 1.62% -14 84576-26745 02021404 02 14 04 s 3.63-4 2006-10-26 1.030 9028 99 100 R+0.987% 7 2006-11-23 1.107 040213 04 13 100 3.90% 2 2006-11-23 1.107 040218 04 18 100 3.90% 2 2006-11-23 1.107 040303 04 03 70 3.92% 2 2006-12-7 1.145 030229 03 29 200 3.20% 3 2006-12-12 1.159 9027 99 12 200 R+0.987% 7 2006-12-13 1.162 010219 01 19 100 3.06% 5 2006-12-21 1.184 1.41% 73396 040201 04 01 100 2.99% 3 2007-2-5 1.310 1.75% -1 136134 19268 040221 04 21 100 3.71% 2 2007-3-15 1.414 1.81% 1 51320-51389 000203 00 03 100 R+0.688% 7 2007-5-14 1.578 1.63% -185 7141 2184 020303 02 03 100 2.01% 5 2007-6-14 1.663 1.75% -5 4016 2009 050202 05 02 100 3.38% 2 2007-6-15 1.688 3.25% 150 36075 14495 040211 04 11 200 4.20% 3 2007-7-12 1.740 2.15% -302 46572-10542 020210 02 10 150 2.66% 5 2007-8-20 1.847 1.73% -7 6100-18281 19

( ) BP 040302 04 02 120 4.22% 3 2007-9-3 1.885 3.72% 108 30272-4267 040215 04 15 200 4.36% 3 2007-9-14 1.915 2.63% 85 45406 6586 050209 05 09 100 2.00% 2 2007-9-21 1.934 1.78% -22 12050-13949 02021405 02 14 05 s 3.63-5 2007-10-26 2.030 040217 04 17 100 B_2W+129 3 2007-11-25 2.112 2.25% 10 674009 424164 000213 00 13 150 R+0.668% 7 2007-12-13 2.162 050218 05 18 100 1.85% 2 2007-12-21 2.184 050404 05 04 80 3.15% 3 2008-4-18 2.507 010206 01 06 100 R+0.638% 7 2008-6-17 2.671 2.09% 15309 030301 03 01 80 2.69% 5 2008-7-2 2.712 050408 05 08 150 2.50% 3 2008-7-15 2.748 2.41% 7 140325 112204 010207 01 07 100 R+0.643% 7 2008-7-24 2.773 2.09% 15322 030222 03 22 300 3.74% 7 2008-8-27 2.866 050412 05 12 100 2.23% 3 2008-9-19 2.866 2.12% 1 105334 75232 010209 01 09 75 3.74% 7 2008-8-27 2.866 2.10% -17 40758-60199 010208 01 08 75 R+0.648% 7 2008-8-27 2.929 050412 05 12 100 2.23% 3 2008-9-19 3.030 2.12% 1 105334 75232 051101 05 01 50 2.13% 3 2008-10-26 3.030 02021406 02 14 06 s 3.63-6 2008-10-26 3.060 010306 01 06 50 3.70% 7 2008-11-6 3.063 050414 05 14 100 2.05% 3 2008-11-7 3.112 010218 01 18 100 3.70% 7 2008-11-25 3.134 030228 03 28 100 3.53% 5 2008-12-3 3.427 2.28% -4 8298-18651 9011 99 01 100 R+1.165% 10 2009-3-20 3.564 040220 04 20 100 B_2W+100 5 2009-12-14 3.696 2.05% 4 90403-369183 9012 99 02 100 R+0.821% 10 2009-5-9 3.762 9015 99 04 100 R+0.831% 10 2009-6-26 3.795 020208 02 08 200 2.60% 7 2009-7-20 3.858 2.69% 11 4984-12029 U040708 11 38.6 R+2.000% 5 2009-8-1 4.011 040214 04 14 100 4.70% 5 2009-8-24 4.030 9022 99 08 100 R+1.131% 10 2009-10-19 4.030 02021407 02 14 07 s 3.63-7 2009-10-26 4.030 040216 04 16 200 4.30% 5 2009-10-26 4.104 3.29% -7 101156 61826 020219 02 19 150 3.40% 7 2009-10-26 4.164 9026 99 11 100 R+1.095% 10 2009-11-22 4.252 9029 99 13 250 R+0.999% 10 2010-1-15 4.468 2.52% -6 1544-6156 000201 00 01 180 R+0.855% 10 2010-4-4 4.499 050301 05 01 100 4.13% 5 2010-4-15 4.556 2.63% 79705 20

( ) BP 000202 00 02 170 R+0.725% 10 2010-5-6 4.627 050207 05 07 100 R+0.840% 5 2010-6-1 4.627 1.90% -5 512986 199699 050208 05 08 100 3.58% 5 2010-6-1 4.658 2.97% 30 167202 160969 000205 00 05 100 R+0.608% 10 2010-6-12 4.671 2.60% -59 5055 3084 050406 05 06 100 R+0.820% 5 2010-6-17 4.740 1.95% -7 571126 251997 000301 00 01 50 R+0.555% 10 2010-7-12 4.852 050410 05 10 150 2.86% 5 2010-8-22 4.926 000209 00 09 100 R+0.598% 10 2010-9-18 4.986 050413 05 13 100 2.72% 5 2010-10-10 4.995 2.74% 79933 000302 00 02 50 R+0.590% 10 2010-10-13 5.016 000210 00 10 100 R+0.598% 10 2010-10-21 5.030 02021408 02 14 08 s 3.63-8 2010-10-26 5.030 051102 05 02 50 2.56% 5 2010-10-26 5.107 000212 00 12 120 R+0.588% 10 2010-11-23 5.515 010203 01 03 100 R+0.648% 10 2011-4-21 5.589 010205 01 05 100 R+0.648% 10 2011-5-18 5.616 010303 01 03 80 R+0.648% 10 2011-5-28 5.627 040208 04 08 200 R+1.530% 7 2011-6-1 5.926 010211 01 11 100 3.89% 10 2011-9-18 5.926 2.74% -16 16994-16728 010210 01 10 100 R+0.653% 10 2011-9-18 5.926 030220 03 20 200 3.89% 10 2011-9-18 5.984 010212 01 12 100 3.85% 10 2011-10-9 6.030 010215 01 15 100 3.86% 10 2011-10-26 6.030 02021409 02 14 09 s 3.63-9 2011-10-26 6.077 010217 01 17 150 3.90% 10 2011-11-12 6.184 010220 01 20 100 3%p 10 2011-12-21 6.510 020203 02 03 200 2.85% 10 2012-4-19 6.521 020204 02 04 100 2.70% 10 2012-4-23 6.668 020206 02 06 100 2.147%c 10 2012-6-16 6.690 3.11% 7 7959-13018 050302 05 02 120 3.38% 7 2012-6-24 6.896 3.29% 1 40216-28 020211 02 11 200 R+0.650% 10 2012-9-7 6.901 2.76% -16 46386 14443 050411 05 11 100 2.6%P 7 2012-9-9 6.937 2.61% 4 22983-37131 020212 02 12 200 R+0.740% 10 2012-9-22 7.030 2.78% -37 3039-6861 0202150 02 15 100 3.294%c 10 2012-10-26 7.030 s 02021410 02 14103.63-10 2012-10-26 7.030 020214 02 14 100 3.63% 10 2012-10-26 7.063 020306 02 06 55 R+0.750% 10 2012-11-7 7.153 0202180 02 18 100 3.3%c 10 2012-12-10 7.345 030201 03 01 200 3.39% 10 2013-2-18 7.458 3.01% -38 105557 103557 21

( ) BP 030201 03 01 200 3.39% 10 2013-2-18 7.458 3.01% -38 105557 103557 0302020 03 02 200 2.87%c 10 2013-3-31 7.564 3.43% -12 289028-72441 030203 03 200 R+0.470% 10 2013-5-9 7.668 2.77% 5 11962 10462 030206 03 06 200 R+0.490% 10 2013-6-16 7.786 2.76% -5 5000-5462 0302130 03 13 300 2.77%c 10 2013-7-29 7.868 3.34% 334 3045 3045 0302150 03 15 100 2.77%p 10 2013-8-28 8.079 030224 03 24 200 R+1.050% 10 2013-11-13 8.364 2.79% -10 3114-3070 0402020 04 02 200 3.51% 10 2014-2-25 8.386 3.37% 37 15151 11001 040203 04 03 300 R+0.760% 10 2014-3-5 8.501 2.77% -10 144486-45444 040205 04 05 100 3.5% 10 2014-4-16 8.501 040206 04 06 100 R+1.300% 10 2014-4-16 8.762 040601 04 01 140.7 4.87% 10 2014-7-20 8.795 5.30% 2 80218-54487 040701 04 01 111.4 4.87% 10 2014-8-1 8.795 040702 04 01 38.6 R+2.000% 10 2014-8-1 8.937 040703 04 02 83 4.95% 10 2014-9-22 9.088 040602 04 02 120 4.94% 10 2014-11-16 9.200 040705 04 03 60.78 B_2W+200 10 2014-12-27 9.200 2.91% -29 118658-28573 040704 04 03 106.22 4.95% 10 2014-12-27 9.384 050601 05 01 90 4.83% 10 2015-3-4 9.384 5.13% -47 12984-1646 050603 05 02 90 R+1.490% 15 2015-3-4 9.532 2.53% -3 379952 181801 050204 05 04 200 R+0.720% 10 2015-4-27 9.797 050214 05 14 200 3.42% 10 2015-8-2 9.871 3.42% -1 190023 5700 050501 05 01 130 3.11% 10 2015-8-29 9.915 4.34% -14 15161 5176 050503 05 03 90 R+1.050% 10 2015-9-14 9.997 2.26% 23312 040224 04 24 200 5.42% 15 2019-12-30 14.208 040225 04 25 50 5.48% 15 2020-1-6 14.227 050602 05 02 90 5.18% 15 2020-3-4 14.384 050203 05 03 100 4.67% 15 2020-3-29 14.452 3.72% -14 5525-7541 050210 05 10 100 3.82% 15 2020-6-30 14.707 4.06% 217074 050502 05 02 130 3.77% 15 2020-9-6 14.893 4.54% 11431 010214 01 14 100 4.2%# 20 2021-10-20 16.014 010216 01 16 100 4.23%# 20 2021-11-5 16.058 020205 02 05 100 2.65%#p 20 2022-5-9 16.564 2.73% -6 18851 4083 0302160 03 16 100 3.14%#p 20 2023-9-4 17.888 050217 05 17 200 4.10% 20 2025-8-30 19.874 4.02% -2 249950 71122 010221 01 21 150 4.52%# 30 2032-1-12 26.244 4.14% -7 102488 25360 050220 05 20 200 4.01% 30 2035-10-11 29.989 6359899 p c,! s : 22

9 10.10 10.14 ( ) BP 120206 02 (3) 5 3.50% 3 2005-11-5 0.058 2.28% 210 1007.2 599.52 129904 98 (7) 7 5.48% 7 2006-6-16 0.668 1.89% 41 57.6-31.91 NS030702 038 3.52% 3 2006-7-23 0.770 129805 98 (8) 10 6.20% 8 2007-1-18 1.260 2.13% -19 1541.0 1203.74 129905 98 13.5 4.50% 8 2007-9-8 1.899 2.11% -19 5098.4 4814.69 120202 02 (5) 30 3.50% 5 2007-10-28 2.036 2.18% -35 2438.1 2163.45 NS991101 98 8 4.32% 8 2007-11-29 2.123 111016 01 25 4.12% 7 2008-12-10 3.153 3.16% -14 171.0 56.38 NS020602 02 2 5 4.05% 7 2009-6-17 3.671 129902 98 (3) 24 4.50% 10 2009-10-13 3.995 3.35% -27 1039.9 620.92 NS041001 04 01 15 3.90% 5 2009-10-17 4.005 120207 02 (7) 15 4.02% 7 2009-11-5 4.058 3.36% -25 2399.9 2276.82 NS050702 05 (5) 15 4.80% 5 2010-7-6 4.723 129903 99 30 R+1.750% 10 2010-7-25 4.775 3.60% -6 198.3 70.69 120101 01 50 R+1.750% 10 2011-6-18 5.674 3.69% -5 167.6-130.65 NS030901 03 6 4.10% 8 2011-9-18 5.926 111015 01 10 20 R+1.750% 10 2011-11-8 6.066 3.77% -6 45.6-25.53 NS041202 04 14 R+2.550% 7 2011-12-13 6.162 NS050101 05 10 R+2.550% 7 2012-1-21 6.268 120288 02 10 4.22% 10 2012-4-28 6.534 3.79% -1 43.7-28.72 NS020501 02 15 4.32% 10 2012-5-29 6.619 NS050703 05 (7) 5 4.95% 7 2012-7-6 6.723 120205 02 15 4.32% 10 2012-12-9 7.151 3.82% -5 39.4-1 NS030101 03 15 4.29% 10 2013-1-13 7.247 3.89% -5 114.7 100.2 NS030102 03 10 4.29% 10 2013-1-24 7.277 3.88% -7 125.3-25.72 120302 03 10 4.30% 10 2013-7-17 7.753 3.86% -8 90.2 51.09 NS031001 03 15 4.11% 10 2013-10-27 8.033 NS031101 03 6 4.32% 10 2013-11-3 8.052 NS031102 03 18 4.61% 10 2013-11-20 8.099 NS031201 03 1 40 4.60% 10 2013-12-3 8.134 NS031202 03 2 10 R+1.800% 10 2013-12-3 8.134 NS031204 03 1 30 4.60% 10 2013-12-8 8.148 NS031205 03 2 10 R+1.800% 10 2013-12-8 8.148 NS031206 03 1 30 4.61% 10 2013-12-30 8.208 NS031207 03 2 20 R+1.750% 10 2013-12-30 8.208 NS040201 04 10 R+1.750% 10 2014-2-18 8.345 3.84% -8 4.4 1.79 NS040202 04 35 4.61% 10 2014-2-23 8.359 NS040301 04 10 R+1.750% 10 2014-3-30 8.455 3.75% -10 18.8 9.05 NS040401 04 15 R+1.850% 10 2014-4-28 8.534 23

( ) BP NS040401 04 15 R+1.850% 10 2014-4-28 8.534 NS040501 04 10 R+2.000% 10 2014-5-25 8.608 NS040902 04 02 10 5.30% 10 2014-9-16 8.921 NS040903 04 01 20 5.30% 10 2014-9-21 8.934 NS040906 04 02 15 R+2.300% 10 2014-9-28 8.953 NS040905 04 01 15 5.40% 10 2014-9-28 8.953 NS041103 04 10 R+2.720% 10 2014-11-15 9.085 NS041201 04 20 R+2.550% 10 2014-12-1 9.129 NS041203 04 20 R+2.720% 10 2014-12-14 9.164 3.32% -44 3.4-14.74 NS041204 04 18 R+2.550% 10 2014-12-19 9.178 NS041205 04 10 R+2.650% 10 2014-12-28 9.203 NS050201 05 10 R+2.700% 10 2015-2-2 9.301 3.83% 0.8 NS050401 05 17 5.05% 10 2015-4-26 9.529 3.94% -5 13.9-5.51 NS050501 05 12 5.05% 10 2015-5-19 9.592 3.91% -10 29.7 8.54 NS050502 05 35 5.05% 10 2015-5-27 9.614 3.95% -8 2172.0-4308 U5555 5555-5.02% 10 2015-6-1 9.627 NS050601 05 20 5.05% 10 2015-6-9 9.652 NS050602 05 10 5.02% 10 2015-6-19 9.679 NS050603 05 20 4.98% 10 2015-6-29 9.707 3.89% -9 149.2-97.7 NS050701 05 20 5.02% 10 2015-7-5 9.721 NS050705 05 (2) 10 R+2.250% 10 2015-7-8 9.729 3.72% 2 2.9-33.11 NS050704 05 (1) 30 4.98% 10 2015-7-8 9.729 3.89% -2 279.7-243.95 NS050706 05 20 4.98% 10 2015-7-12 9.740 3.90% -4 339.7-743.17 NS05070905 20 R+2.000% 10 2015-7-20 9.762 NS050707 05 (10) 10 4.98% 10 2015-7-22 9.767 NS050710 05 (1) 20 4.98% 10 2015-7-27 9.781 NS050713 05 20 5.02% 10 2015-7-29 9.786 NS050801 05 10 4.60% 10 2015-8-18 9.841 NS050901 05 30 4.50% 10 2015-9-7 9.896 NS050903 05 (1) 10 4.55% 10 2015-10-9 9.984 120102 01 30 5.21% 15 2016-11-8 11.066 3.97% -12 548.2 224.37 111018 02 15 35 4.86% 15 2017-6-19 11.677 4.01% -12 61.0 44.73 NS020801 02 20 4.58% 15 2017-8-29 11.871 120203 02 (15) 50 4.50% 15 2017-10-28 12.036 3.91% -15 11058.5 10846.59 111019 02 40 4.50% 15 2017-11-10 12.071 4.00% -9 151.5-1117.88 120204 02 15 4.51% 15 2017-12-12 12.159 4.00% -7 307.2-145.85 120301 03 40 4.51% 15 2018-2-18 12.345 4.00% -4 198.8-1204.17 NS031203 03 30 5.02% 15 2018-12-7 13.145 NS040901 04 01 20 5.60% 15 2019-9-16 13.921 24

( ) BP NS040901 04 01 20 5.60% 15 2019-9-16 13.921 NS040904 04 02 20 5.60% 15 2019-9-21 13.934 NS050402 05 30 5.28% 15 2020-4-29 14.537 4.11% -7 16.0 12.57 51111 05 40 5.28% 15 2020-4-29 14.537 NS050604 05 15 5.30% 15 2020-6-28 14.704 NS050708 05 (15) 10 5.20% 15 2020-7-22 14.767 NS050711 05 (2) 10 5.18% 15 2020-7-27 14.781 NS050712 05 50 4.85% 15 2020-7-29 14.786 4.03% -9 0.1-5.07 NS050902 05 10 4.90% 15 2020-9-16 14.921 NS030802 03 30 4.63% 18 2021-8-24 15.858 4.03% -6 51.6-1208.28 120201 02 50 4.76% 20 2022-9-20 16.932 4.00% -7 18541.7 12185.92 NS050904 05 (2) 10 4.85% 20 2025-10-9 19.984 120303 03 30 4.86% 30 2033-7-31 27.792 4.24% 1 1203.5-4271.90 49730.38 : 25

10 10.10 10.14 ( ) BP 0581007 05 CP02 2-0.5 2005-11-23 0.107 4.10% 2488 0581010 05 CP02 10-0.5 2006-1-15 0.252 0581002 05 CP02 5-0.75 2006-2-27 0.37 0581013 05 CP02 10-0.75 2006-5-23 0.603 1.76% 2 44416 13830 0581001 05 CP0 45-1 2006-5-27 0.614 2.64% 79 73310 36915 0581005 05 CP01 20 2.92% 1 2006-5-27 0.614 2.50% 39 34121 17033 NS050607 05 CP 12-1 2006-5-27 0.614 0581003 05 CP0 12-1 2006-5-27 0.614 1.71% -39 16789 12844 0581006 05 CP01 15-1 2006-5-29 0.619 0581019 05 CP02 6-0.75 2006-6-9 0.649 0581008 05 CP01 20-1 2006-6-15 0.666 2.34% 17 36925 18216 0581026 05 CP0 10-0.75 2006-6-20 0.679 1.82% 52279 0581025 05 CP02 10-0.75 2006-6-21 0.682 1.73% 4 22696 12817 0581032 05 CP01 5-0.75 2006-7-12 0.74 1.76% 49355 0581009 05 CP01 90-1 2006-7-19 0.759 2.03% -1 134231-5141 0581011 05 CP01 10-1 2006-8-4 0.803 2.05% 33 18556-705 0581014 05 CP0 30-1 2006-8-7 0.811 1.70% -10 48085 11259 0581015 05 CP0 10-1 2006-8-18 0.841 1.71% 3449 0581016 05 CP02 10-1 2006-8-29 0.871 1.71% -31 985-978 0581017 05 CP01 30-1 2006-9-2 0.882 1.85% -14 53136 33498 0581020 05 CP0 20-1 2006-9-12 0.91 1.93% -5 12791-48801 0581018 05 CP0 9-1 2006-9-12 0.91 3.62% 9 17609 7819 0581023 05 CP01 10 2.92% 1 2006-9-19 0.929 1.80% 49399 0581021 05 CP01 33-1 2006-9-20 0.932 1.76% -52 113865 49445 0581028 05 CP0 15-1 2006-9-21 0.934 1.78% -26 38307 17767.00 0581024 05 CP01 10-1 2006-9-21 0.934 1.74% 43191 0581022 05 CP01 20-1 2006-9-22 0.937 1.80% -1 118287 96776 0581027 05 CP01 30-1 2006-9-22 0.937 1.76% -1 80897 46652.00 0581029 05 CP01 10 2.92% 1 2006-9-29 0.956 1.80% 25160 0581030 05 CP0 30-1 2006-9-30 0.959 3.00% 243851 0581031 05 CP0 15-1 2006-10-10 0.986 1.78% 159157 0581033 05 CP01 13-1 2006-10-13 0.995 018001 01 35 3.98% 10 2011-12-19 6.178 3.43% 8120 038017 03 (1) 40 4.50% 10 2013-12-12 8.159 048012 04 35 R+2.600% 10 2014-10-12 8.992 3.13% 45326 050000 050000 20 5.05% 10 2015-5-25 9.608 058006 05 30 5.05% 10 2015-5-27 9.614 3.95% -8 2172-4308.00 U0533333 5555-5.02% 10 2015-6-1 9.627 050901 50901 10 R+2.250% 10 2015-7-7 9.726 2.10% 88965 U080808 111 30 R+2.560% 10 2015-7-11 9.737 26

( ) BP 7094 01 15 5.10% 15 2016-12-26 11.197 028001 02 45 4.08% 15 2017-9-26 11.948 050555 15 5.30% 15 2020-6-29 14.704 038018 03 (2) 60 5.10% 20 2023-12-12 18.159 4.20% -5 49117 39145.00 1687035 ^ : 27