<Portfolio>
  <Trade id="CDS">
    <TradeType>CreditDefaultSwap</TradeType>
    <Envelope>
      <CounterParty>CPTY_B</CounterParty>
      <NettingSetId>CPTY_B</NettingSetId>
      <PortfolioIds/>
      <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapData>
      <IssuerId>CPTY_A</IssuerId>
      <CreditCurveId>CPTY_A</CreditCurveId>
      <SettlesAccrual>true</SettlesAccrual>
      <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
      <LegData>
        <LegType>Fixed</LegType>
        <Payer>true</Payer>
        <Currency>EUR</Currency>
        <PaymentConvention>F</PaymentConvention>
        <DayCounter>A360</DayCounter>
        <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
        </Notionals>
        <ScheduleData>
          <Rules>
            <StartDate>2016-03-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
        </ScheduleData>
        <FixedLegData>
          <Rates>
            <Rate>0.0059</Rate>
          </Rates>
        </FixedLegData>
      </LegData>
    </CreditDefaultSwapData>
  </Trade>
  <!--
  <Trade id="CdsOption_1_19">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2016-06-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2016-06-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_2_18">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2016-09-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2016-09-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_3_17">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2016-12-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2016-12-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_4_16">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2017-03-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2017-03-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_5_15">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2017-06-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2017-06-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_6_14">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2017-09-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2017-09-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_7_13">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2017-12-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2017-12-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_8_12">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2018-03-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2018-03-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_9_11">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2018-06-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2018-06-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_10_10">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2018-09-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2018-09-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_11_9">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2018-12-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2018-12-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_12_8">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2019-03-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2019-03-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_13_7">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2019-06-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2019-06-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_14_6">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2019-09-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2019-09-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_15_5">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2019-12-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2019-12-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_16_4">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2020-03-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2020-03-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_17_3">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2020-06-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2020-06-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_18_2">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2020-09-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2020-09-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  <Trade id="CdsOption_19_1">
    <TradeType>CreditDefaultSwapOption</TradeType>
    <Envelope>
    <CounterParty>CPTY_A</CounterParty>
    <NettingSetId>CPTY_A</NettingSetId>
    <PortfolioIds/>
    <AdditionalFields/>
    </Envelope>
    <CreditDefaultSwapOptionData>
      <CreditDefaultSwapData>
        <IssuerId>CPTY_A</IssuerId>
        <CreditCurveId>CPTY_A</CreditCurveId>
        <SettlesAccrual>true</SettlesAccrual>
        <ProtectionPaymentTime>atDefault</ProtectionPaymentTime>
        <LegData>
          <LegType>Fixed</LegType>
          <Payer>true</Payer>
          <Currency>EUR</Currency>
          <PaymentConvention>F</PaymentConvention>
          <DayCounter>A360</DayCounter>
          <Notionals>
          <Notional>10000000.000000</Notional>
          <Exchanges>
            <NotionalInitialExchange>false</NotionalInitialExchange>
            <NotionalFinalExchange>false</NotionalFinalExchange>
            <NotionalAmortizingExchange>false</NotionalAmortizingExchange>
          </Exchanges>
          </Notionals>
          <ScheduleData>
          <Rules>
            <StartDate>2020-12-01</StartDate>
            <EndDate>2021-03-01</EndDate>
            <Tenor>3M</Tenor>
            <Calendar>WeekendsOnly</Calendar>
            <Convention>Following</Convention>
            <TermConvention>Unadjusted</TermConvention>
            <Rule>CDS2015</Rule>
            <EndOfMonth/>
            <FirstDate/>
            <LastDate/>
          </Rules>
          </ScheduleData>
          <FixedLegData>
          <Rates>
            <Rate>0.0058</Rate>
          </Rates>
          </FixedLegData>
        </LegData>
      </CreditDefaultSwapData>
      <OptionData>
        <LongShort>Long</LongShort>
        <OptionType>Call</OptionType>
        <Style>European</Style>
        <Settlement>Cash</Settlement>
        <PayOffAtExpiry>false</PayOffAtExpiry>
        <ExerciseDates>
          <ExerciseDate>2020-12-01</ExerciseDate>
        </ExerciseDates>
      </OptionData>
    </CreditDefaultSwapOptionData>
  </Trade>
  -->
</Portfolio>
