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Rating: Aa2/AA Amount: C$150m (fungible with C$200m issue launched 02/04/03)

Rating: Aa2/AA Amount: $500m

Amount: £193.37m Legal maturity: January 8, 2012

RBS Financial Markets has completed the inaugural issue for its new water finance vehicle, Artesian Finance 2, with a £30m fixed rate bond for Bristol Water. The offering was closed in conjunction with a £14.79m structured bond for the utility through the original Artesian, launched in June last year, which issues index-linked paper.

Amount: ¥12bn Class A notes: ¥12bn

The amazing shrinking swap spread market continued its progress this week. The big event was the announcement of the May refunding on Wednesday, which had a drastic effect on dollar swap spreads. This, in turn, dragged euro swap spreads lower. Next week, the Treasury will sell a record $58bn of new paper, smashing the previous record of $44.5bn set seven years ago. The sale will comprise a $22bn re-opening of the three year note, last seen in 1998, and $18bn sales of five year and 10 year Treasuries. In addition, the five year note will now be sold monthly and the 10 year will be sold eight times a year.

Rating: Aaa/AAA/AAA Amount: $500m

Rating: Aaa/A+/AA- Amount: Eu150m

Amount: Eu700m Legal maturity: April 15, 2009

The £1.25bn loan for Reuters has been closed and signed at the reduced size of £1bn. Despite efforts from senior management at the company to encourage banks, a number declined to join the syndicated facility.

After steering the first Sino-foreign fund management joint venture to success, Chris Ryan has been rewarded by being made ING Investment Management's Asia Pacific chief executive officer (CEO). Hong Kong-based Ryan has been with the company for two years as regional director for North Asia, with an emphasis on developing the Chinese business.

The EBRD has arranged a Eu51.5m loan for the City of Bucharest. The 'A' loan is held by EBRD and has a maturity of 12 years.