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Announces the set up of a $500 million Euro-commercial paper (ECP) program by Hertz under the arrangement of the BZW.

Reports on the set up of a $2 billion Euro-commercial paper (ECP) program by the National Bank of New Zealand.

Opinion. Discusses the floating rate notes market in Europe as of November 28, 1997. Impact of the collapse of Japanese firm Yamaichi Securities; Decline of the Nikkei index; Softening of spreads; Sovereign paper; Secondary market; Banking sector.

Reports that Banco Espanol de Credito (Banesto) in Spain has signed a Euro-MTN program. Floating rate note; Denomination plans; Issuance of Euro commercial paper; Improvement in profitability; Facility arrangers.

Reports on convertible bond offers in the European market during the week covering March 27, 1998. Includes Scotia's 50 million pounds issue which was managed by ABN Amro Rothschild and Robert Fleming; Diageo PLC's $100 million six-year paper; Axa Colonia Konzern Finance's automatically convertible equity securities (ACES).

Presents articles pertaining to banks and banking in Europe. Launching of the first rated issue for a German state by Land Sachsen-Anhalt company; Rating of Sachsen-Anhelt according to Moody's and Standard & Poor's; Internationalization of the Pfandbrief market by Landesbank Rheinland-Pfalz.

Presents several news on Europe's stock market. Hiring of TJ Lim by Dresdner Bank in Frankfurt; Information on Deutsche Bank; Details on other companies and their transactions.

Presents information on bonds in Europe. Success of the Euro-Asian bond launched by Land Sachsen-Anhalt company; Plan of the Landesbank Rheinland-Pfalz to launch a seven year global Pfandbrief issue in July 1998; Companies that will manage the deal; Details on other bonds to be launched by several companies.

Highlights the events in the European financial market, on the week ending August 7, 1998. Unveiling of the sailing yacht owned by Simon Fry; Rumored acquisition of PaineWebber by Dresdner Bank-Allianz consortium; Reduction of employees at Daiwa in London, England.

Reports that France became the first euro zone country to offer investors an inflation linked bond with the launch of its OATi. Background on the concept of OATi; Factors that influence the state's bond market; Explanations from a Tresor official.

Interviews several officials of European agency borrowers on the creation of a single European currency. Lessons to be learned from the conditions that have been a feature of the Euromarkets according to Eckart von Reden, chairman at Deutsche Ausgleichsbank; Funding targets of Instituto de Credito Official; Challenge in dealing with the euro according to Johannes Attems, member of the board of executive directors at Osterreichische Kontrollbank.

Interviews several executives of the financing industry in Europe. Status of the borrowing strategy of BMW AG according to Wolfgan Stofer, director of finance, accounting and taxes; Effects of the financial turmoil on funding strategy according to Chris Vallance, of ICI; Extent of the effect of volatility in the fixed income markets; Challenges that the single currency poses and opportunities it will bring.

Interviews several executives of the financial institutions in Europe regarding the increasing competition among them. Target of 3CIF, Abbey National Treasury Services, DePfa Bank, L-Bank and Rabobank to achieve what they hoped for in 1998; Lessons learned from the difficult market conditions according to Arnaud Scuderoni, chief financial officer at 3CIF; Comments from Christof Schornig of DePfa Bank on the need to revise funding targets .

Interviews Hrvoja Radovanic, assistant minister of finance, public debt and cash management at Croatia, Basil Fuleihan, adviser to the minister of finance in Lebanon and others. Objectives of the government for the Eurobond funding program for 1998; Rationale behind the issues launched in 1998; Effect the Asian/Russian financial crisis on secondary trading spreads; Aspects of each country's credit story which have not been appreciated by the international community.

Focuses on the support for Eurobond issuance from Lebanon. Impact of the financial crises in Asia, Russia and Latin American to the ability of emerging markets to access the international bond market; Details on the bond issuance of Lebanon.

Reports on Europe's high yield bond market. Revival of interest in more conventional sectors of the Euromarkets; Key cause of the spread widening in the high yield market; How the revival of interest in high yield debt will be led by the United States.

Presents an update on deals in stock markets in Europe. Deal launched by the National Bank of Hungary in Europe debt market; Barrier for the proposal for private euro denominated placement launched by the Republic of Slovenia; Czech aerospace company Aero Vodochody's completion of Euro/144A offering.

Reports that the European Investment Bank (EIB) has provoked anger and disappointment among much of the Euroband underwriting community in November 1998, when it cut the fees on a Eu1bn euro-tributary offering. Criticisms against the move of the EIB; Difference between EIB deals and Fannie Mae bonds; Comments from some industry officials.

Presents an update on emerging bond markets in Europe. Finalization of the European Investment Bank's domestic issuance program for the Czech Republic; Issuance of Estonian kroon denominated promissory notes by Sweden's Swedbank; Failure of Russian oil company Tatneft to pay its Euromarket debt.

Reports on the international bond markets. Equity markets in Europe; Price of BNG; Credit product in deutschmarks; Retail markets.

Reports on the launching of the fourth securitization of the consumer loans of HFC Bank, the Great Britain subsidiary of Household Finance Corporation of the United States. Participation of Barclays Capital in the deal; Comments from Piers Williamson, treasurer at HFC; Information on Prospect 4.

Presents several articles pertaining to structured finance in Europe. Move of Countrywide in reopening its home equity securitization sector; Bidders that intend to buy the second student loans auctioned by the Great Britain government; Decision of Marston, Thompson & Evershed to launch and price its securitization of tenanted pubs; Launching of Titrilog of Credit Lyonnais; Leadership of Merrill Lynch in managing the commercial mortgage deal for Westbrook.

Presents information on bond issues of several companies in Europe. European Investment Bank; General Electric Capital Corp.; Household Finance Corp.; Inter-American Development Bank; KfW International Finance.

Focuses on the launching of the Eurobond issue for Formula One, a company that promotes international motor racing. Finalization of plan for the marketing of the bond by Morgan Stanley Dean Witter; Total value of the Eurobond issue; Controversies surrounding the bond issue of the company; Efforts of Morgan Stanley Dean Witter to defend the viability of the issue.

States that the European Investment Bank has tapped its domestic forint issuance program to meet funding needs. Reason for the move of the bank to tapped into its own resources; Performance of the issuance in the market.

Reports on the move of Krakow, a Polish municipality, to tap the European bond market. Amount of bonds issued by the municipality; Information on the terms of the bond issuance; Managers of the bond issue.

Highlights the performance of finance companies in Europe as of December 1998. Senior management changes within the debt capital markets group of Merrill Lynch; Information on Michael Dee of Morgan Stanley; Efforts of Barclays Bank to search for a chief executive; Performance of the Bonkersbank.

Reports on the timing of the debt financing for the Channel Tunnel Rail Link. Bankers' frustration over the lack of information offered about the transaction; Speculations about the deal.

Reports on the opening of subscriptions for Europe's first public offering of an equity linked municipal bond. Structure of the deal around the Wall-21 index to attract Belgian retail investors; Link of municipality to equity index.

Reports on the potential securitization issuers in Europe. Ceskomoravska Hypotecni Banka; Mandates of ING Barings; Securitization of custom tariffs in Russia.

Reports on the performance of the Eurosterling secondary bond market for the second week of January 1999. Effects of credit shock on market spreads; Demand for triple-A paper.

Reports on the performance of the European floating rate note market for the first three week of January 1999. Barclays and HSBC's launch of Bradford & Bingley's 400 million pounds deal; Release of Abbey National's two billion euro offering.

Focuses on the performance of the European bond market as of January 21, 1999. Emergence of the concept of linking returns to the commercial mortgage securities; Growth of international demand for bonds.

Focuses on the volatility of the European bond market as of January 21, 1999. Changing bond interest rate; Decline in the retail sales numbers.

Reports on developments related to the euro-denominated bond market as of January 29, 1999. Increase in number of eurobond issuers; Increase in demand among European buyers for credit product; European issuers in euros as preferred investments of buyers; Interest from Asian issuers in euro-denominated securities.

Reports on Bank of Nova Scotia's launch of a euro-denominated floating-rate note on January 28, 1999. Rating; Amount; Maturity date; Issue price; Bookrunners' comments; Market appraisal.

Focuses on developments related to sterling bonds issued in the European bond market as of January 29, 1999. Increase in demand for corporate paper; Deals made in the primary market.

Reports on British American Tobacco (BAT) Co.'s launching of a large single-tranche euro-denominated corporate bond. Significance of the move for corporate borrowers in Europe; Popularity of corporate bonds as assets in 1999; Industry's demand for the transaction.

Reports on developments related to syndicated loans in western Europe as of February 5, 1999. Dresdner Kleinwort Benson and JP Morgan's plans to launch a syndicated loan facility to finance the development of KPN Orange in Belgium; Banque Nationale de Paris and Citibank's contract to arrange a credit facility in France to finance Axa's acquisition of Guardian Royal Exchange.

Reports on the syndicated issue of bonds by smaller European countries in order to meet the challenge provided by the introduction of the euro. Use of underwriting rather than auctions to launch new issues; Increase in investment opportunities and competition for bond issuers; Benchmark issues; Comparison between syndication and auction; Features of some syndicated deals issued in 1999.

Explores the challenges and opportunities being offered by Asian capital markets for euro-denominated debts. Region's slowest access to single currency debt market; Diversification from traditional Yankee and Asian floating rate note bases; Indications that Asian borrowers were starting to penetrate into Europe; Asia's largest institutional investors.

Reports on syndicated loan deals launched in Western Europe as of February 18, 1999. The mandate won by Bayerische Landesbank to arrange a facility for French property firm Unibail; Facility backing Metalgesellschaft's purchase of GEA; Value and structure of the facility for Greece's Bank of Attica.

Presents a compendium of news items concerning the syndicated loans and bond market in Western Europe. Includes Banque Nationale de Paris, Barclays, Credit Lyonnais and HSBC's general syndication of the five year revolver for Banque PSA Finance; SG's mandate to coordinate a credit facility for Bombardier's European subsidiaries; Bank of Tokyo-Mitsubishi's completion of its syndication.

Looks at the jumbo bond issuance trend in Europe. Bond market conditions that favor jumbo bond offering from companies; Bond offering of Essenhyp; Discussion on the market.

Reports on the status of the European corporate bond market. Discussion on the impact of the launching of the Euro to the capital market in Europe; Attraction of investors to corporate bond market; Analysis on the future of the corporate bond market; Competition of syndicated loan market to the corporate bon market.

Looks at how the high yield stock market in Europe struggles to recover the fall it experienced in the autumn of 1998. Companies that have launched debts in the high yield market with yield rates level in tandem with pre-autumn of 1998 decline; Deals that are expected to the launched; Forecast on the market;

Predicts that trend in the equity-linked market in Europe could become a feature in the development of the pan-European capital market. How the launching of the Euro has affected he condition of the capital market; Discussion on the growth of the market./

Examines the condition of the capital market in Europe. Return of dollar swap spread; Euro bond launched by several banks in the market; Companies that have swapped their bonds and floating stocks.

States that Argentina has added a bond offering to its 2008 European currency facility. Amount of the added bond to its currency line; Lead managers for the deal; Pricing set for the offering; Details on the deal.

Focuses on the move of Telecom Argentina to tap the Euro bond market. Amount of Euro bond the company launched; Maturity of the bond; Lead managers for the deal; Pricing set for the bond; Expectation that PDVSA, a Venezuelan petroleum company, will follow similar move.