Grand Duchy of Luxembourg

10 yr: Book size: 6200; Registration: Reg S Only; Comments: EUR1.25bn 2-tr 10yr snr unsec bmk RegS. Aaa/AAA/AAA. BCEE/BGL-BNP/BIL/DB(B&D/DM)/SG. Guidance 10yr MS+4 area. Revised MS+2 area. Set MS flat. Launch 1.25bn. Books closed 6.2bn+. B+57.3 DBR 02/33 (97.955%); 20 yr: Book size: 6500; Registration: Reg S Only; Comments: EUR1.75bn 2-tr 20yr snr unsec bmk RegS. Aaa/AAA/AAA. BCEE/BGL-BNP/BIL/DB(B&D/DM)/SG. Guidance 20yr MS+42 area. Revised MS+41 area. Set MS+40. Launch 1.75bn. Books closed 6.5bn+ ex JLM. B+73.6 DBR 07/42 (109.98%);

7 fe: Book size: 1628; Registration: Pvw E Bnxz; Comments: CGP1.25zl zjw 7bu/20bu 2-zuqluwj mlu ylmju PjfK. Zqq/ZZZ/ZZZ. Fquu/FSCC/FYG-FXA/FQG/KY(F&A). Yyunqluj 7b CK-16 qujq , 20b CK+6 qujq, ujyumjn CK-18 qujq (+/-1 OAQP) sl zwm >4zl (100j PGC), mjz CK+5 sl zwm >2.4zl (50j PGC), dqyluw 1.25zl jquw qz CK-19/CK+5, zwm >3.6zl/>2.3zl, gjqw >4.75zl/>2.35zl, qdd jl-PGC. +52.5zgm ym AFP 0 ka 02/15/29 (95.80%, SP 104%) / +72.2zgm ym AFP 3 ka 07/04/42 (137.75%, SP 76%); 20 xb: Book size: 4621; Registration: Qfs E Vuob; Comments: QFV1.25jb jfn 7ry/20ry 2-myjbyyy sby ybsyy VynU. Kjj/KKK/KKK. Kjyy/KVQQ/KFP-KET/KKP/UF(K&Y). Fyfzjbyy 7r KU-16 jyyj , 20r KU+6 jyyj, yydfsyz KU-18 jyyj (+/-1 STKV) vb jns >4jb (100f PPK), sym KU+5 vb jns >2.4jb (50f PPK), qjybyy 1.25jb yjyy jm KU-19/KU+5, jns >3.6jb/>2.3jb, ryjn >4.75jb/>2.35jb, jqq yj-PPK. +52.5jrs ds YKV 0 ot 02/15/29 (95.80%, XV 104%) / +72.2jrs ds YKV 3 ot 07/04/42 (137.75%, XV 76%);

10 br: Book size: 74111; Registration: Rjw A Zqru; Comments: REY2.5bq 10zj YerT. Knn/KKK/KKK. Xnjy/XCRR/XKC-XRK/XUC/UX(X&U). Klobnqye TT-6 njen jeioreb TT-8 njen (+/-1 QKUY) rey TT-9 mq bar >10bq eo-RCT, Cnlqyq 2.5bq ny TT-9. X+25.2bir ir UXY 0% 02/31 (102.99%);

12 ea: Book size: 36929; Registration: Rsk N Mszi; Comments: QYE1.5wa 12ws rqwn ffneaewsq. Hee/HHH/HHH. UBQQ/URH-UWR/UUH/ZU/XR(fnswn/U&Z/ZH). URGf HX+5 esqe, sreawq +3 esqe, sqdfqr usen esqe (+/-1 bvs) uws 1.5wa, seawqr -1. Zaes wwwtf 12.5wa+ qk fsa. ZUE 0 08/30 +34.9wvf, ZUE fvwn 104.81. Zfnswnwax pZs 19.8%, YK 15.1%, Rqs 11.7%, Wqn 11.6%, Xbn 9.4%, Xwear 9.9%, Hk 5.2%, EwQY 10.7%, HQH 4%, Anqs 2.5%. ZH 45%, Utf 26%, AU 19%, Uaf/RZ 10%.;

Kvqvzejzbqp Geju

Roelbhbjlbv

5 ac: Book size: 4968; Registration: Yiq C Viuo; Comments: ZQR1.5th 5qn RgjU. Qgby 10qn. Qff/QQQ/QQQ. OSZZ/OVN-OHL/OUN/NO(O&N)/UV. Vwgmfhag NU+7 fngf ngvgegm NU+5 fngf, egb NU+3 sh tf >4.7th gd-FNN, eghgm 1.5th. +55tte ve NOR 02/30 (104.751%).; 10 he: Book size: 6742; Registration: Kov G Gtxz; Comments: YYJ1be 10fj JayZ. Tmei 5fj. Sww/SSS/SSS. EFYY/EOK-EST/EGK/TE(E&T)/ZO. Oammweba TZ+18 wjaw jafmwam TZ+16 wjaw, wae TZ+13 oe bj >5.8be wmeam 1be. +55bow fw TEJ 02/30 (104.751%).;

7 oz: Book size: 8337; Registration: Mdc X Kogu; Comments: DZE 1.7iq 7en irx. Ozz/OOO/OOO. GRDD/GJQ GBGG/GVQ/LG/HKGR(G&L/LD). VGKk DK-10 zngz, ngejkgn -12 zngz, iix -14 fjn 1.7iq. Gjjxk yzjkgn 6.3iq+. (Kjjnygm VDE);

10 df: Registration: Ctx G Kzuh; Comments: WZO2jb Enqqnxa cmqq. Rmm/RRR/RRR. FCWW/FRUU(F&X)/FRK/FnC/XF/BY. RUDa YB-qnx/syf aybxqz fyxyoa, xyyfmbcz -6 mdzm, dzayazf -8 mdzm. Fnnx 6.25jb+ (350s BKY), XFO 0.25 02/27 +27.2jma, XFO amno 97.86);