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  • AUSTRALASIA
  • HSBC has promoted Helen Wong to become the head of public sector and corporate banking, Hong Kong.
  • Speculation about the next phase of German privatisations grew this week as a member of the Green Party claimed the finance ministry was planning to park Deutsche Telekom shares with state owned bank Kreditanstalt für Wiederaufbau.
  • Ghana Coco Board (Cocobod) is preparing to tap the market for its annual one year pre-export finance facility.
  • It was a groundbreaking week for the debt market with a record $17bn equivalent financing by General Motors Corp and its subsidiaries GMAC and GM Nova Scotia Financing, and the first dollar bond from the United Kingdom in seven years.
  • As part of its record breaking fundraising this week, General Motors Corp not only made its euro and sterling market debuts, but also opened the 30 year euro market for auto companies.
  • General Motors and its financing arm GMAC stunned investors yesterday (Thursday) with a jumbo $16.9bn financing in euros, dollars, sterling, making it the biggest single financing in the history of the debt capital markets.
  • General Motors and its financing arm GMAC stunned investors yesterday (Thursday) with a jumbo $16.9bn financing in euros, dollars, sterling, making it the biggest single financing in the history of the debt capital markets.
  • HBOS plc unveiled the UK's first covered mortgage bond structure this week - a deal whose significance is much greater than its mere novelty, and whose impact is likely to stretch far beyond the sale period.
  • The Euro commercial paper (ECP) market was full of contrasts this week, with subdued new issuance volumes on Monday and Tuesday, followed by a sharp rise in activity on Wednesday and Thursday.
  • HBOS plc unveiled the UK's first covered mortgage bond structure this week - a deal whose significance is much greater than its mere novelty, and whose impact is likely to stretch far beyond the sale period.