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Amundi Euro Government Bond Highest Rated Investment Grade UCITS ETF Acc

Amundi · LU1681046691

Amundi Euro Government Bond Highest Rated Investment Grade UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker AM3A (ISIN LU1681046691). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about lending to governments and companies in return for…

· Tracks the FTSE Eurozone Highest-Rated Government Bond Index index ?

Bond ?Accumulating ?Physical ?LU ?

Low yearly feeReinvests dividendsOwns the shares directlyEurozoneBroadly spread

Find funds like this

Amundi funds Domiciled in LU Accumulating Physically replicated Eurozone bonds Yearly fee under 0.25%

Opens the screener with this filter applied.

Fund size (AUM) ?

€47.6M

Risk level (SRI) ?

3 / 7 · Medium

1-year return ?

-0.8%

Total return · to 2026-08-14

Yearly fee (TER) ?

0.14%

All-in cost ≈ 0.14%

About this fund

What you own

The FTSE Eurozone Highest-Rated Government Bond Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 202 companies across Eurozone in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.14%Yearly fee (TER)

0.14%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?

FTSE Eurozone Highest-Rated Government Bond Index

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

Feb 2018

8-year track record

Recommended holding period

5 years

Bond details

Credit quality ?

Investment Grade

Inflation-linked ?

No — nominal (fixed) payouts

Performance

Growth of €100 invested — both lines start at €100.

Amundi Euro Government Bond Highest Rated Investment Grade UCITS ETF Acc Average FTSE Eurozone Highest-Rated Government Bond Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-0.6%

1 year-0.8%

3 years+1.4%

5 years-3.8%

Return, year by year

-19.1

+5.8

-0.4

-0.7

'22'23'24'25

1 of 4 up yearsBest: 2023 +5.8%Worst: 2022 -19.1%Calendar-year total returns, in EUR

How bumpy has it been?

4.2%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-4.5%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

0.29

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

-15.7%

Since inception

Total growth since launch — about -3.3% a year.

+8.9%

Best 12 months

The strongest one-year stretch on record.

-19.5%

Worst 12 months

The weakest one-year stretch on record.

-22.8%

Worst fall on record ?

It has not fully recovered yet.

What's inside

The 10 biggest holdings make up 14.6% of the fund — the rest is spread across roughly 186 more companies.

Top 10 holdings

#	Company	Weight
1	FRANCE OAT 2.5% 25May30	1.7%
2	FRANCE OAT 0.75% 25May28	1.5%
3	FRENCH REPUBL OAT 2.75% 25Feb29	1.5%
4	FRANCE OAT 1.5% 25May31	1.5%
5	FRANCE OAT 2.75% 25Oct27	1.5%
6	FRENCH REPUBL OAT 3.5% 25Nov33	1.4%
7	FRENCH REPUBL OAT 2.75% 25Feb30	1.4%
8	FRENCH REPUBL OAT 0.75% 25Nov28	1.4%
9	FRENCH REPUBL OAT 3.5% 25Nov35	1.4%
10	FRENCH REPUBL OAT 2% 25Nov32	1.3%

Where to buy this fund

Where you live:

Set from your language & location — change it if it's wrong.

Where it trades

Exchange	Ticker	Currency
LSE	AM3A	EUR	★ Primary
EUR listings
B2	AM3A	EUR
B3	AM3AP	EUR
B3	AM3AZ	EUR
B3	DE5AD	EUR
B3	AM3AM	EUR
B4	AM3A	EUR
Borsa Italiana	AM3A	EUR
E1	AM3A	EUR
EB	DE5AD	EUR
EB	AM3AM	EUR
EB	AM3AP	EUR
EO	AM3A	EUR
EP	AM3A	EUR
EU	AM3A	EUR
Euronext Paris	AM3A	EUR
EZ	AM3A	EUR
Frankfurt	DE5A	EUR
GD	DE5A	EUR
GF	DE5A	EUR
GH	DE5A	EUR
GS	DE5A	EUR
GT	DE5A	EUR
GZ	HVLG	EUR
I2	DE5AD	EUR
I2	AM3AP	EUR
I2	AM3AM	EUR
IX	DE5AD	EUR
IX	AM3AP	EUR
IX	AM3AM	EUR
L1	AM3AM	EUR
L1	AM3AP	EUR
L1	DE5AD	EUR
L3	DE5AD	EUR
L3	AM3AZ	EUR
L3	AM3AP	EUR
L3	AM3AM	EUR
LA	DE5A	EUR
LU	DE5A	EUR
PO	DE5AD	EUR
PO	AM3AZ	EUR
PO	AM3AP	EUR
PO	AM3AM	EUR
QE	AM3AP	EUR
QE	DE5AD	EUR
QT	DE5A	EUR
QX	AM3AP	EUR
QX	DE5AD	EUR
T2	AM3A	EUR
TH	DE5A	EUR
WT	AM3A	EUR
X1	AM3A	EUR
X9	AM3A	EUR
XA	AM3A	EUR
XE	AM3A	EUR
XETRA	AM3A	EUR
XF	AM3A	EUR
XG	AM3A	EUR
XH	AM3A	EUR
XJ	AM3A	EUR
XL	AM3A	EUR
XO	AM3A	EUR
XU	AM3A	EUR
XV	AM3A	EUR
XW	AM3A	EUR
XX	AM3A	EUR

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-08-14 · the fund's own published holdings.

#	Company	Weight
1	FRANCE OAT 2.5% 25May30	1.7%
2	FRANCE OAT 0.75% 25May28	1.5%
3	FRENCH REPUBL OAT 2.75% 25Feb29	1.5%
4	FRANCE OAT 1.5% 25May31	1.5%
5	FRANCE OAT 2.75% 25Oct27	1.5%
6	FRENCH REPUBL OAT 3.5% 25Nov33	1.4%
7	FRENCH REPUBL OAT 2.75% 25Feb30	1.4%
8	FRENCH REPUBL OAT 0.75% 25Nov28	1.4%
9	FRENCH REPUBL OAT 3.5% 25Nov35	1.4%
10	FRENCH REPUBL OAT 2% 25Nov32	1.3%
11	FRENCH REPUBL OAT 2.7% 25Feb31	1.3%
12	FRENCH REPUBL OAT 0.5% 25May29	1.3%
13	FRENCH REPUBL OAT 1.25% 25May34	1.3%
14	FRENCH REPUBL OAT 3.2% 25May35	1.2%
15	FRANCE OAT 1.25% 25May36	1.2%
16	FRENCH REPUBL OAT % 25Nov30	1.2%
17	FRENCH REPUBL OAT % 25Nov31	1.2%
18	FRENCH REPUBL OAT 0.75% 25Feb28	1.2%
19	FRENCH REPUBL OAT 3% 25May33	1.2%
20	FRENCH REPUBL OAT 2.4% 24Sep28	1.1%
21	FRENCH REPUBL OAT 3% 25Nov34	1.1%
22	FRANCE OAT 5.5% 25Apr29	1.1%
23	FRANCE OAT 4.5% 25Apr41	1.1%
24	FRENCH REPUBL OAT % 25Nov29	1.1%
25	FRENCH REPUBL OAT 2.5% 24Sep27	1.0%
26	FEDERAL REPUB BRD 2.9% 15Feb36	1.0%
27	FRENCH REPUBL OAT 0% 25May32	1.0%
28	FRANCE OAT 5.75% 25Oct32	1.0%
29	FRANCE OAT 4.75% 25Apr35	1.0%
31	FEDERAL REPUB BOBL 2.5% 16Apr31	0.8%
32	FEDERAL REPUB BRD 2.6% 15Aug34	0.8%
34	FEDERAL REPUB BRD 2.2% 15Feb34	0.8%
35	FEDERAL REPUB BRD 2.6% 15Aug35	0.8%
36	GERMANY BRD 2.5% 15Aug46	0.8%
37	GERMANY BRD 4% 04Jan37	0.8%
38	FEDERAL REPUB BOBL 2.4% 18Apr30	0.7%
39	FEDERAL REPUB BOBL 2.2% 10Oct30	0.7%
40	FEDERAL REPUB BRD 2.6% 15Aug33	0.7%
41	FRANCE OAT 4% 25Oct38	0.7%
43	GERMANY BRD 2.5% 04Jul44	0.7%
44	FEDERAL REPUB BOBL 2.4% 19Oct28	0.7%
46	FEDERAL REPUB BRD 2.4% 15Nov30	0.7%
47	GERMANY BRD 1.25% 15Aug48	0.7%
48	FRANCE OAT 1.75% 25Jun39	0.7%
49	FEDERAL REPUB BRD 0.5% 15Feb28	0.7%
50	FEDERAL REPUB BRD % 15Aug31	0.6%
51	FEDERAL REPUB BRD 0.25% 15Feb29	0.6%
52	GERMANY BRD 4.75% 04Jul34	0.6%
53	FEDERAL REPUB BRD 0.25% 15Aug28	0.6%
54	FRANCE OAT 3.25% 25May45	0.6%
55	FEDERAL REPUB BRD % 15Aug29	0.6%
56	GERMANY BRD 4.75% 04Jul40	0.6%
57	FEDERAL REPUB BRD 1.7% 15Aug32	0.6%
58	FEDERAL REPUB BRD 0% 15Feb32	0.6%
59	FEDERAL REPUB BRD 2.5% 15Nov32	0.6%
60	FEDERAL REPUB BRD 2.1% 15Nov29	0.6%
61	FEDERAL REPUB BRD 2.9% 15Aug56	0.6%
62	FEDERAL REPUB BRD % 15Feb30	0.6%
63	FEDERAL REPUB BRD % 15Nov28	0.6%
64	FEDERAL REPUB BRD 1% 15May38	0.6%
65	FRENCH REPUBL OAT 1.25% 25May38	0.6%
66	FEDERAL REPUB BOBL 2.2% 13Apr28	0.6%
68	FEDERAL REPUB BRD % 15Feb31	0.6%
70	GERMANY BRD 5.5% 04Jan31	0.6%
71	FEDERAL REPUB BOBL 2.5% 11Oct29	0.6%
72	FRENCH REPUBL OAT 3.6% 25May42	0.6%
73	FEDERAL REPUB BRD 2.5% 15Aug54	0.6%
74	FRENCH REPUBL OAT 0.5% 25May40	0.6%
75	FRENCH REPUBL OAT 2.4% 24Sep29	0.5%
76	GERMANY BRD 3.25% 04Jul42	0.5%
77	FEDERAL REPUB BKO 2.5% 14Jun28	0.5%
78	FEDERAL REPUB BRD 2.6% 15May41	0.5%
79	FRENCH REPUBL OAT 2.5% 25May43	0.5%
80	FEDERAL REPUB BKO 2.1% 15Mar28	0.5%
81	FRANCE OAT 4% 25Apr55	0.5%
82	NETHERLANDS 4% 15Jan37	0.5%
83	NETHERLANDS 3.75% 15Jan42	0.5%
84	GERMANY BRD 4.25% 04Jul39	0.5%
85	FEDERAL REPUB BRD % 15Nov27	0.5%
86	FEDERAL REPUB BKO 2% 16Dec27	0.5%
87	FRANCE OAT 2% 25May48	0.5%
88	FRANCE OAT 4% 25Apr60	0.5%
89	FEDERAL REPUB BRD % 15May36	0.5%
90	NETHERLANDS 2.75% 15Jan47	0.5%
91	FRENCH REPUBL OAT 3.25% 25May55	0.5%
92	FRENCH REPUBL OAT 3% 25May54	0.5%
93	FRENCH REPUBL OAT 1.5% 25May50	0.4%
94	FEDERAL REPUB BRD % 15Aug50	0.4%
95	FEDERAL REPUB BKO 1.9% 16Sep27	0.4%
96	REPUBLIK OEST 2.9% 20Feb33	0.4%
97	GOVERNMENT OF 0.75% 15Jul28	0.4%
98	GERMANY BRD 5.625% 04Jan28	0.4%
99	FEDERAL REPUB BRD % 15May35	0.4%
100	FRENCH REPUBL OAT 3.75% 25May56	0.4%
101	FRENCH REPUBL OAT 3.7% 25Nov36	0.4%
102	AUSTRIA (REPU 4.15% 15Mar37	0.4%
103	REPUBLIK OEST % 20Feb31	0.4%
104	GOVERNMENT OF 2.5% 15Jul35	0.4%
105	FRENCH REPUBL OAT 4.1% 25May46	0.4%
106	GOVERNMENT OF % 15Jan29	0.4%
107	REPUBLIK OEST 3.45% 20Oct30	0.4%
108	GOVERNMENT OF 2.5% 15Jan30	0.4%
109	NETHERLANDS 2.5% 15Jan33	0.4%
110	GOVERNMENT OF % 15Jul31	0.4%
111	REPUBLIK OEST 2.95% 20Feb35	0.4%
112	REPUBLIK OEST 0.5% 20Feb29	0.3%
113	GOVERNMENT OF % 15Jul30	0.3%
114	FRENCH REPUBL OAT 0.5% 25Jun44	0.3%
115	FEDERAL REPUB BRD % 15Aug52	0.3%
116	GERMANY BRD 4.75% 04Jul28	0.3%
117	FRENCH REPUBL OAT 0.75% 25May52	0.3%
118	GOVERNMENT OF 0.5% 15Jul32	0.3%
119	NETHERLANDS 5.5% 15Jan28	0.3%
120	REPUBLIK OEST 0.75% 20Feb28 EMTN	0.3%
121	REPUBLIK OEST 2.9% 20Feb34	0.3%
122	FRENCH REPUBL OAT 3% 25Jun49	0.3%
123	FRENCH REPUBL OAT 0.75% 25May53	0.3%
124	GERMANY BRD 6.25% 04Jan30	0.3%
125	GOVERNMENT OF 0.25% 15Jul29	0.3%
126	REPUBLIK OEST 0% 20Feb30	0.3%
127	GOVERNMENT OF 2% 15Jan54	0.3%
128	GOVERNMENT OF 3.25% 15Jan44	0.3%
129	FEDERAL REPUB BRD 2.3% 15Feb33	0.3%
130	GOVERNMENT OF 2.5% 15Jul34	0.3%
131	FRENCH REPUBL OAT 3.25% 25Feb32	0.3%
132	REPUBLIK OEST 0.9% 20Feb32	0.3%
133	GOVERNMENT OF 2.5% 15Jan31	0.3%
134	GOVERNMENT OF 2.5% 15Jul33	0.3%
135	REPUBLIK OEST 0% 20Oct28	0.3%
136	GOVERNMENT OF 0.5% 15Jan40	0.3%
137	FRENCH REPUBL OAT 4.4% 25May57	0.2%
138	FEDERAL REPUB BRD 3.4% 15May47	0.2%
139	GOVERNMENT OF 3.5% 15Jan56	0.2%
140	FEDERAL REPUB BOBL 1.3% 15Oct27	0.2%
141	AUSTRIA (REPU 2.4% 23May34	0.2%
142	FRENCH REPUBL OAT 3.8% 25Jun37	0.2%
143	FEDERAL REPUB BRD % 15Aug30	0.2%
144	GOVERNMENT OF % 15Jan38	0.2%
145	AUSTRIA (REPU 3.15% 20Jun44	0.2%
146	REPUBLIK OEST 3.2% 20Feb36	0.2%
147	REPUBLIK OEST 3.15% 20Oct53	0.2%
148	FEDERAL REPUB BRD 1.8% 15Aug53	0.2%
149	GOVERNMENT OF 2.75% 15Jul36	0.2%
150	REPUBLIC OF F 3% 15Sep34	0.2%
151	REPUBLIK OEST 2.5% 20Oct29	0.2%
152	FRANCE OAT 1.75% 25May66	0.2%
153	FEDERAL REPUB BRD 2.5% 15Feb35	0.2%
154	REPUBLIC OF F 3% 15Sep35	0.2%
155	FEDERAL REPUB BRD 0% 15Aug31	0.2%
156	GOVERNMENT OF % 15Jan52	0.2%
157	REPUBLIK OEST 2.9% 23May29	0.2%
158	REPUBLIC OF F 3% 15Sep33	0.2%
159	REPUBLIC OF F 2.875% 15Apr29	0.2%
160	FEDERAL REPUB BOBL 2.1% 12Apr29	0.2%
161	REPUBLIC OF F 0.5% 15Sep28	0.2%
162	AUSTRIA (REPU 1.5% 20Feb47	0.2%
163	REPUBLIC OF F 1.5% 15Sep32	0.2%
164	REPUBLIC OF F 0.5% 15Sep29	0.2%
165	REPUBLIK OEST 3.2% 15Jul39	0.2%
166	REPUBLIC OF F 0.125% 15Sep31	0.2%
167	FINLAND 0.5% 15Sep27	0.2%
168	REPUBLIK OEST 1.85% 23May49	0.2%
169	REPUBLIC OF F 2.5% 15Apr30	0.1%
170	REPUBLIC OF F % 15Sep30	0.1%
171	FEDERAL REPUB BKO 2.7% 13Sep28	0.1%
172	REPUBLIK OEST 0.25% 20Oct36	0.1%
173	FEDERAL REPUB BRD 3% 15Aug36	0.1%
174	FEDERAL REPUB BRD 0% 15Aug50	0.1%
175	REPUBLIK OEST 0.75% 20Mar51	0.1%
176	FINLAND 2.75% 04Jul28	0.1%
177	REPUBLIK OEST 2.8% 20Sep32	0.1%
178	FINLAND 2.625% 04Jul42	0.1%
179	FINLAND 0.75% 15Apr31	0.1%
180	REPUBLIC OF F 3.35% 15Sep36	0.1%
181	REPUBLIC OF F 2.95% 15Apr55	0.1%
182	REPUBLIC OF F 3.55% 15Apr41	0.1%
183	REPUBLIC OF F 1.125% 15Apr34	0.1%
184	REPUBLIK OEST % 20Oct40	0.1%
185	REPUBLIC OF F 2.625% 15Apr32	0.1%
186	AUSTRIA (REPU 3.8% 26Jan62	0.1%
187	REPUBLIC OF F 2.75% 15Apr38	0.1%
188	DBR 2.6 05/15/41	0.1%
189	REPUBLIC OF F 0.125% 15Apr36	0.1%
190	FINLAND 1.375% 15Apr47 EMTN	0.1%
191	REPUBLIC OF F 3.2% 15Apr45	0.1%
192	FRENCH REPUBL OAT 0.5% 25May72	0.1%
193	AUSTRIA (REPU 2.1% 20Sep17 EMTN	0.1%
194	REPUBLIK OEST 2.85% 20Oct31	0.1%
195	REPUBLIC OF F 0.5% 15Apr43	0.1%
196	REPUBLIC OF F 0.25% 15Sep40	0.1%
197	REPUBLIK OEST 3.75% 20Mar56	0.1%
198	REPUBLIK OEST 0.7% 20Apr71	0.1%
199	REPUBLIK OEST 3.55% 20Sep41	0.0%
200	REPUBLIC OF F 0.125% 15Apr52	0.0%
201	REPUBLIK OEST 0.85% 30Jun20	0.0%
202	AUSTRIA (REPU 1.5% 02Nov86 EMTN	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 63% of similar ETFs💰 All-in cost cheaper than 66%📈 Higher 1-yr return than 38%📈 Higher 3-yr return than 33%📈 Higher 5-yr return than 21%📊 Behind its category by 0.8% (1-yr) (category average +0.0%)📊 Behind its category by 0.5% (3-yr) (category average +1.9%)📊 Behind its category by 2.2% (5-yr) (category average -1.6%)

Versus the Bonds · Eurozone · EUR ETFs we track.

Advanced risk

0.42

Sortino (3y) ?

0.32

Calmar (3y) ?

3.0%

Downside deviation ?

58%

Up months (hit rate) ?

€207.80

52-week high ?

€201.30

52-week low ?

Concentration depth

~129 ?

Effective number of holdings

Roughly 202 companies are held, but the largest names carry most of the weight — so it behaves like ~129 equal-sized positions.

Estimated fund flows

−€2.9M

Estimated net flow, last month

Estimated from fund-size changes.

Documents

📄 KID (PDF)

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Eurozone bonds

Compare side by side

6 similar funds

	Amundi Euro Government Bond Highest Rated Investment Grade UCITS ETF AccAmundiYou're viewing	Amundi Prime Euro Government Bond UCITS ETF DistAmundiBroader match	Amundi Prime Euro Government Bond UCITS ETF AccAmundiBroader match	Amundi Euro Lowest Rated IG Government Bond UCITS ETF AccAmundiBroader match	Amundi Euro Lowest Rated IG Government Bond UCITS ETF DistAmundiBroader match	Amundi Euro Government Bond 0-6 M UCITS ETF AccAmundiBroader match	Amundi Italy BTP Government Bond 10Y UCITS ETF AccAmundiBroader match
Why it's similar	This is the fund on this page.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysical Tracks a different index in the same category.	BondsPhysical Tracks a different index in the same category.	BondsAccumulatingPhysical Tracks a different index in the same category.	BondsAccumulatingPhysical Tracks a different index in the same category.
Index tracked	FTSE Eurozone Highest-Rated Government Bond Index	Solactive Eurozone Government Bond Index TR	Solactive Eurozone Government Bond Index TR	FTSE Eurozone Lowest-Rated Government Bond IG Index	FTSE Eurozone Lowest-Rated Government Bond IG Index	FTSE Eurozone Government Bill 0-6 Month Capped Index	FTSE Eurozone Target Maturity Government Bond Italy (Mid Price) Index
Yearly fee (TER)	0.14%	0.05%	0.05%	0.14%	0.14%	0.14%	0.17%
All-in cost	0.14%	0.05%	0.05%	0.14%	0.14%	0.14%	0.17%
Fund size	€47.6M	€2.1B	€2.1B	€1.3B	€1.3B	€916.3M	€683.9M
Domicile	LU	LU	LU	LU	LU	France	LU
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	+1.4%	+1.7%	+2.4%	+3.1%	+1.7%	+2.7%
5-yr return p.a.	-3.8%	-3.9%	-2.8%	-2.4%		+1.8%
# holdings	202	425	426	220	220	54	6

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Data as of 2026-08-14 · Source: issuer data, compiled by Finance Hamster

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