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Credit Exposures by Country (contribution to credit spread duration in years)1 as of May 31, 2019

Ukraine 0.21
Indonesia 0.20
Bahrain 0.18
Argentina 0.17
El Salvador 0.13
Albania 0.09
Turkey 0.09
Dominican Republic 0.06
Benin 0.04
Macedonia 0.03
Tanzania 0.02
Costa Rica 0.02
Fiji 0.02
Lebanon 0.02
Iceland 0.02
Peru 0.01
Rwanda 0.01
Bulgaria 0.01
China 0.01
Nigeria 0.01
Kenya 0.01
Georgia 0.01
Moldova, Republic Of 0.01
India 0.01
Ethiopia 0.00
Colombia 0.00
Brazil 0.00
Mongolia 0.00
Montenegro 0.00
Thailand 0.00
Egypt -0.01
Croatia -0.01
Oman -0.03
Qatar -0.15
Russia -0.16
South Africa -0.20
Malaysia -0.26