MTNs becalmed in Europe but big hit in Japan.

The article presents update on the market for medium-term notes and commercial papers in Japan. An insurance company in Japan is understood to have bought a batch of Australian dollar notes. The first was a A$380 million 10 year deal from IADB through Barclays Capital. Commonwealth Bank of Australia issued a ¥500 million 30 year power reverse dual currency through RBS. Municipality Finance sold a ¥100 million 30 year non-call five year annually callable note via Daiwa.