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The article discusses several issues related to finance from different countries of the world. It is conceded by all financiers that the monetary condition in Europe is abnormal; the scramble for gold is acute and universal. Nations with good credit, alike with nations whose currency is on a paper basis, join in the efforts to get gold and to hoard it. London, England is the money clearing-house for the commercial world, and London, watching the battle now going on among Continental nations, has been carefully guarding her metal treasure. All knots come to the comb, and the Giolitti comb has got entangled in a number at the same time. Ever since the forced circulation of paper money, the banks of issue, especially the Tuscan and the Roman, have had their troubles, which have been from time to time staved off. There are two distinct parties in Italy on banking questions, the one advocating a single bank, the other that all banks are allowed to issue notes on their own account and responsibility.

The article reports on the growing interest of investors in unguaranteed bank commercial paper in Europe. It is noted that banks found that there is an increasing demand for commercial papers in the European market. Some of the banks that have issued unguaranteed commercial paper were Bank of Scotland, the Commonwealth Bank of Australia and Westpac.

The article reports on an increase in interest rates at the European Central Bank (ECB) and the Bank of England in Europe. This interest rate decision caused many market participants to expect increased Euro commercial paper issuance. ECB president Jean-Claude Trichet commented on the reason for the increase. Though many market participants expected the move, the sterling curve tightened, suggesting some investors had expected a surprise move.

Reports on the success of the Euro commercial paper (CP) market in 2003. Investment deals in October 2003; Views of JP Morgan head of CP marketing for Europe Peter Eisenhardt on the strength of the CP market; Reason for the preference of CP issuers to market in the U.S. INSET: Learning to live with corporate risk.

The article reports on the quest of investors in the European commercial paper (ECP) market for higher yields as market levels declined and corporate paper remain in demand. The weighted average tenor was 84 days for all new ECP issues for July 2009. For the first half of the year, tenors reached 80 in May and June. At the end of July, the amount of corporate paper outstanding was 58.78 billion U.S. dollars.

The article focuses on the need of the European commercial paper market for more top-rate corporate issuance to meet investor demand. Market participants and dealers believe far more could be traded if borrowers were willing. According to a London, England-based commercial paper (CP) dealer, there are plenty of demand for the corporates and a shortage of supply overall.

The article reports on the drop in the volume of sovereign and supranational trades issued in the European commercial paper (CP) market as investors rejected the very tight levels on this type of paper. One CP dealer says there has been much more focus on bank names but there have not been so many sovereign and supranational trades getting done.

This article reports on improved confidence towards banks during the week of May 8, 2009 as some dealers observed lengthening maturities and more diverse names. A London, England based commercial paper (CP) dealer claims investors are looking at maturities from six to 12 months. There is growing demand for banks' unguaranteed paper. As of April 2009, the total European CP outstanding was $62.5 billion (bn), while bank paper rose to $338bn. Some of the usual corporate names in the market are Vodafone, BMW and E.On.

Reports on the condition of the Euro commercial paper market (ECP) in Europe as of August 18, 2005. Issuance of the Spanish mortgage bank Caja Madrid of the debut trades off its ECP shelf; Investor demand for the commercial paper of Caja Madrid; Information on the funding program being ran by General Electric.

Presents an update on the European commercial paper market as of August 12, 2005. Indications of investor confidence; Total value of bonds issued by Spintab in euro and sterling denomination; Percentage of interest rates raised by the Federal Open Market Committee.

The article reports that investors in Europe are expecting a wide scale adoption of callable commercial paper (CP) in the region. According to Craig McGlashan of "EuroWeek," European banks have already begun printing callable CP in the US to help with their dollar funding. However, Federated Investments Chief Investment Officer Deborah Cunningham still expect change while flows are still small.

The article reports on the commercial paper (CP) market in Europe. Issuers pushed for funding and investors began looking at longer maturities in the said market. According to Dealogic data, many guaranteed bank paper were issued including those from Anglo Irish Bank, Bank of Scotland and Danske Bank. It is noted that spreads have been widening as triple-A issuers have to compete with guaranteed financial paper while lower-rated corporates have to lure risk averse investors.

The article reports on the lack of demand for asset-backed commercial papers (ABCP). According to European ABCP dealers, real money investors were scarce and those that were buying wanted very short maturities. Royal Bank of Scotland says that the Financial Services Authority may be considering lifting limits on banks' investments in conduits they sponsor.

Reports on the performance of the European commercial paper market as of July 2005. Revival of investor sentiment and liquidity levels following the terrorist bombings in London, England; Performance of euro and dollar yield curves; Percentage of new deals in the market taken by banks; Value of the denominated deal arranged by UBS (Australia).

This article reports on the concern of asset-backed securities investors on the capital structure in certain residential mortgage-backed securities in Europe in 2010.

The article reports on the market condition of the European commercial paper. The commercial paper market struggled through a mountain of maturing and rolling paper ahead of the half-year turn, as of June 2008. Société Générale took a further step in winding up its structured investment vehicle, Premier Asset Collateralised Entity has wiped out junior capital note holders but repaid medium-term notes and commercial paper investors as it had promised to do.

The article focuses on a plan by southern European paper maker Lecta to wrap up an exchange offer for the remainder of its 2014 senior secured floating rate notes (FRN) on May 4, 2012. The new Lecta issue is worth 590 million euros. A positive outcome is expected by market participants for the Lecta deal. Information on the price structure of the transaction is provided. The portability feature of the FRN was cited by a banker as a potential hurdle for some investors.

The article reports on a refusal by the European Financial Stability Facility (EFSF) to rule out issuing commercial paper in December 2011. It says that the decision of the agency was influenced by the claim of dealers that the instrument compliments the inaugural auction of bills in Europe. According to EFSF deputy chief executive officer Christophe Frankel, commercial paper offers options to investors since it provides them with diversification through currency issuances.

The article provides information on the European commercial paper market (ECP). According to the article, investors remain strongly risk averse as the average tenor of new issues in the ECP have dropped to its lowest level since April 2009. Due to the uncertainty about when the rates are going to pick up, investors are reportedly doing two months rather than three months to keep things shorter.

The article elaborates the view of Fitch Ratings on the European asset-backed commercial paper (ABCP) market in 2008. With the market bottoming out, Peter Winning of Fitch Ratings stated that there are some investors who are still buying, and some of the well-established multiseller conduits are managing to issue genuine paper to investors. Dealogic figures show that European ABCP fell month on month in 2007, from $271.29 billion at the end of July 2007, to $105.33bn at the end of June 2008.

The article announces that the new world of investor-ruled credit in 2008 gave the puttable floating-rate note a new lease of life. Financial institutions and corporate borrowers have issued €10 billion of puttables and extendables in Europe in 2008, much of it while more traditional markets were shut to them. Investors have used the structure to boost returns over their usual commercial paper holdings while maintaining short duration positions. And issuers have tapped what in some cases has been their only wholesale market source of liquidity.

The article reports on the condition of the asset backed commercial paper market in Europe in the last week of July 2007. Some had feared that the market might seize up if investors were frightened off by the news about IKB, but dealers said most issuers were able to find demand for their paper, though they had to pay wider spreads than a few months ago. According to Sarah Repucci, a director at Fitch Ratings, there were worries over the last week but they have been bailed out now.

The article focuses on the performance of asset-backed conduits in the euro commercial paper (ECP) market in July 2007. Conduits are paying an average of about 1 basis point for spreads which is higher compared to June. One dealer cites the significance of demand for paper to spreads. A trader notes that traditional money market fund investors were still absent in the ECP market.

The article reports on strong demand in the European commercial paper (CP) market following the release of strong non-farm payroll figures on Good Friday. It is said that investors are branching out to up to one year maturities in dollar CP. It is also claimed that there is a strong bid for Swiss franc and yen paper.

Reports on the condition of the Euro commercial paper market (CP) in Europe as of April 2005. Percentage of the deals accounted to euro issuance; Target deals by investors in dollars; Plans of Banco Santander Central Hispano regarding a EuroCP programme.

The article discusses the effect of equities volatility on the Euro commercial paper (ECP) market for the week to August 12, 2011. Mixed reactions were reported as some dealers claimed investors, such as French institutions, ignored the swings in the share price of banks while others felt the volatility created a difficult issuance environment, influencing investor behavior. Dealogic claims that overall ECP outstandings rose to 544.4 billion from 536.6 billion U.S. dollars the previous week.

The article reports on the increased demand by the European commercial paper (CP) market for sovereign safety because investors continue to make safe investments as the bearish mood prevails. It is said that banks are still finding plenty of demand and were unaffected by the bankruptcy of Lehman Brothers. According to a London, England-based CP dealer, investors are buying and holding their investments for six to nine months.

The article offers insights from investment dealers regarding the implication of the volatile currency swaps on the Euro-commercial paper (CP) market. CP dealers have noted trends in swap movements among bank, sovereign and corporate issuers. Other dealers suggest that the opportunities provided by these swap movements are transditory.

Reports on the condition of the Euro commercial paper (CP) market in Europe as of December 10, 2004. Interest of Euro and sterling investors in maturities; Participation of Volkswagen Bank GmbH in a multi-currency CP programme through arranger JP Morgan; Involvement of Toyota in the EuroCP market.

The article reports on developments pertaining to the commercial paper (CP) market in Europe as of September 30, 2011. It discusses the introduction of the European Financial Stability Facility (EFSF), and the call of European CP dealers for further action to improve the funding conditions in the region. It highlights the concerns of investors over the bank exposures to the troubled European market.

The article reports that top quality sovereign, supranational and agency (SSA) names in Europe are benefiting from the euro-dollar basis swap and a flight to quality mentality among investors. Issuers such as KfW, Rentenbank and Caisse d'Amortissement de la Dette Sociale were able to obtain cheap funding while offering attractive levels. Meanwhile, there has been a growing concern regarding the market for commercial paper (CP).

The article examines the trend of European commercial paper issued at longer maturities than normal. The trend of issuing at six months to a year was attributed to investors' strategy of searching for more yield. Among the commercial paper issuers discussed were Barclays, Santander and Nationwide Building Society.

The article reports on the decision of New Zealand to increase the size of its European commercial paper (ECP) programme from one billion to five billion U.S. dollars. The decision was based on the expectation that the issue would be well received by investors in the ECP market. The programme was arranged by Citi, while Barclays Capital, Citi, Deutsche Bank and UBS serve as dealers.

This article focuses on the European commercial paper (ECP) programme launched by Kommunalkredit Austria on August 17, 2009. According to dealers, there was positive reception for the facility in spite of tightening spreads. The ECP programme is worth three billion euros. During this week, maturities have lengthened and spreads tightened in the ECP market. Also, the average tenor has been growing as investors look for better yield and many issuers have ample short term liquidity.

The article presents an analysis of the European commercial paper market. Bank risk managers, concerned by growing inventories overlooked $1 trillion market backwater and sent traders to shift unwanted stock. One leading European bank is offering ABCP investors a free DVD with every order, while another has been spamming electronic mail accounts.

The article reports on the status of the European commercial paper (ECP) market as of March 2006. Investors are interested in ECP with long dated tenors. The overnight rate of sterling declined from 4.8%-4.9% to 4.5%. Banco Popular Espanol has delayed the launch of its ECP program until March 20 to 23.

Reports on the status of the Euro commercial paper (ECP) market as of June 3, 2005. Impact of interest rates of European Central Bank on trading flows; Support of investors for buying commercial paper issues; Background on ECP deals launched by several companies, including electronics manufacturer Siemens.

Focuses on the growth of the asset backed commercial paper (ABCP) market in Europe. Factors impacting the growth of the ABCP sector; Issues surrounding the growth of the European ABCP market; Outlook of bankers and investors for the market.

Reports on the need for transparency in the asset backed commercial paper (ABCP) sector in Europe. Significance of ABCP in the growth of EuroCP; Benefits of ABCP for investors; Types of structured programmes classified as asset backed; Importance of educating investors in the ABCP sector.

The article reports on the venture of Sumitomo Mitsui Banking Corp. (SMBC) and Bank of China into the euro commercial paper (CP) markets. One dealer claims that Asian banks will be well received by investors who are trying to lessen their eurozone exposure. Another dealers say the credit rating of Bank of China is enough to be known in the market and increase demand. Noted is the timeliness of the decision of SMBC and Bank of China to diversify their funding strategies.

Focuses on the status of the European commercial paper (CP) market as of November 2005. Designation of Lithuania to become the first European Union accession state to issue in the EuroCP market; Deadline for the signing of the multi-currency CP programme by Marriott International; Investor demand for 3i Group.

Interviews Andy Longden, group treasurer of British Telecom, on the launching of its euro and sterling-denominated bond issue and the challenges his company faced in funding its projects. His view on the success of the bond issuance; His statement on the performance of their investment banks; Extent to which investors vary from one country to the other country.

The author comments on the market condition of medium term notes and commercial paper in Europe. The author claims that the ticket euro credit management system (CMS)-linked notes have helped boost structured note placement volumes, as the inversion of the euro yield curve has encouraged some investors to believe that only steepening is possible from this point. The author also states that large sized, decompounding floating rate format previously popular with French insurance companies has seen the most activity.

The article reports on the second securitization of residential mortgages of Kutxa bank priced by JP Morgan and Dresdner Kleinwort. It states that the triple-A tranche of the deal of Kutxa came 1 basis point (bp) outside of the offering of Bancaja at 13 bp Euro Interbank Offered Rate (Euribor). It says that the deal has been participated by approximately 80 investors from Europe.

Presents news briefs on commercial paper (CP) issuances in Europe as of October 2005. Information on a EuroCP program to be launched by private equity and venture capital firm 3i; Value of a EuroCP program signed by Johnson & Johnson; Attitude of investors regarding the status of the CP market.

Reports on the downgrading of the investment ratings of General Motors Acceptance Corp., financing firm of General Motors, and Ford in the commercial paper markets in Europe and in the U.S. made by Standard & Poor's as of May 6, 2005. Debt outstanding of the firms; Expectation of bankers and investors on the downgrade; Stability of the liquidity of Ford amid the rating.

Provides information on the progress of the Euro commercial paper (EuroCP) market. Details on the laws that limit the development of the market; Effect of the full implementation of the collective investment in transferable securities directive on EuroCP investors; Effect of the directive on French borrowers.

Reports on the mortgage-backed securities issued by the company Vesteda Woningen in Europe as of July 19, 2002. Information on the rating received by the securities; Value; Facts on the investors of the securities.

The article discusses how U.S. investors failed in the recovery of European securitization market in 2013, and how the amount of new issuance with dollar trances has collapsed because of less reliant European banks. Particular focus is given to the discussions of the delegates at the Asset Backed Securities (ABS) East 2013 conference held in Miami, Florida in October 2013. Comments from Standard & Poor's managing director James Wiemkin and Lloyds Bank's director Bob Paterson are included.

Reports on the European medium-term notes (MTN) market as of October 2005. Information on the EuroMTN program of SNS Bank following concerns over compliance with the Prospectus Directive; Increase in demand for single-A structured EuroMTN among investors; Issuers which are interested in the single-A names, including Islandsbanki.