Double-A rated borrowers took more than 40% of the market this week, with the Norwegian krone continuing in popularity. Abbey National Treasury Services closed a Nkr500m note via Nomura. The trade is fungible from the payment date with another Nkr500m issue launched on August 27, 2002. Den norske Bank was the bookruner on Norddeutsche Landesbank's Nkr500m four year note. The annual coupon is 6.36%. Hamburgische LB Finance (Guernsey) and Landesbank Rheinland-Pfalz also tapped Norwegian kroner.
October 04, 2002