Portfolio Composition

As of May 2026

Asset class

USD Millions

Duration (years)

%

Sovereign and Government Related Bonds

2,295.4

6.4

22.0%

Inflation-Linked Sovereign Bonds

799.2

8.3

7.7%

US Agency MBS

303.8

5.3

2.9%

Corporate Bonds

903.0

5.8

8.7%

High Yield Bonds

805.4

3.6

7.7%

Equities

5,304.4

-

50.9%

Total Long-Term Portfolio (a)

10,411.1

6.1

100.0%

(a) Excludes the USD 200 million transfer to the Autonomous Pension Protection Fund carried out on August 1, 2025.