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Colonial Finance launched a A$300m three and four year issue via its owner, Commonwealth Bank of Australia (CBA) on Tuesday. The fund manager's issue was split into three tranches, and was increased from A$280m. "The issue secured a good response for the four year bonds and Colonial Finance's usual middle management investor base strongly supported the three year issue," said a Sydney-based banker at CBA. "Colonial Finance is a household name in Australia and it gets a lot of funding through on wholesale funds such as municipal accounts. They turned up in force for this deal."

Korea Korea East-West Power (KEWP) has mandated Credit Suisse First Boston and Daiwa SMBC to joint lead manage a ¥20bn five year Samurai bond debut. The transaction should be launched towards the end of April, but the timing depends on market conditions and a speedy resolution of the Iraqi conflict.

Australia The valuation ranges for the Promina Group IPO emerged this week, as a media blitz was also launched to encourage retail investors.

Rating: Aaa/AAA Amount: $270m

Australia Commonwealth Bank of Australia last Friday brought the fourth global Australian mortgage backed deal of the year. JP Morgan was sole bookrunner on the $1bn senior tranche of Medallion Trust Series 2003-1G, CBA's fifth global transaction.

The Taiyo Mutual Life Insurance demutualisation IPO is on track after global co-ordinator Daiwa SMBC and joint lead manager JP Morgan set the price for the offer at ¥75,000 a share, following a global roadshow that began several weeks ago. The offer was not an easy sell, but the two leads have managed to set what appears to the market to be a reasonable price. The international book was more than 2-1/2 times covered, indicating that foreign funds are still willing to support well priced issues, despite the setbacks of most new listings in the second half of 2002.

Capping off what has been a miserable week for Dresdner, the bank revealed a Eu935m loss for 2002 yesterday (Thursday), just one day after Bernd Fahrholz resigned from his post as chairman.

Amount: $1bn Maturity: March 5, 2010

Capping off what has been a miserable week for Dresdner, the bank revealed a Eu935m loss for 2002 yesterday (Thursday), just one day after Bernd Fahrholz resigned from his post as chairman.

Allianz yesterday (Thursday) shrugged off the outbreak of war in Iraq with the announcement of a Eu3.5bn-Eu4bn rights issue and a Eu1.5bn hybrid bond. The German insurer, which has seen its share price fall 78% over the past year, took the decision after suffering a Eu1.2bn net loss for 2002, much of which came from Dresdner Bank (see front page).

Amount: A$750m Legal maturity: April 10, 2034

Anglo American has signed a $2bn EuroMTN programme with Barclays Capital as the arranger. The UK house is on the dealer panel with Deutsche Bank, Goldman Sachs, Citigroup/SSSB, BNP Paribas, Dresdner Kleinwort Wasserstein, HSBC, Royal Bank of Scotland and UBS Warburg. It is the mining company's first foray into the European debt capital markets although it already has a Canadian CP programme.