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The high grade market in euros and dollars is preparing for a wave of supply in the coming days with issues expected from the EIB, IADB, Freddie Mac, Fannie Mae, BNG and Rentenbank - all ideal candidates for an investor base focusing on quality trades. The continued rout in equity markets, concern about the US economy and sabre rattling by Iraq, the US and the UK is likely to keep the triple-A sector buoyant.

Syndication of the $300m one year term loan for Akbank is going well with a number of commitments already in. All commitments are due by September 19. The deal will be signed on September 27.

Amount: Eu830m Legal maturity: July 2007

Another week noted for its extreme equity market volatility passes by, led by disappointing economic data, the approach of September 11 and the increasing likelihood of a US war with Iraq. The tightening trend of credit spreads came to an end and US bond yields were back at 40 year lows as fears of a double dip recession mounted. On Thursday Alan Greenspan is expected to enlighten the market with his outlook for the US economy.

Never let it be said that our opinions in these columns go completely unnoticed. Didn't we suggest that SG and ABN Amro had no reason to be involved in the hugely competitive world of corporate finance and M&A advisory work, where costs rise ever upwards towards the stars? And did anyone listen? It looks that way, because before you could say "Whatever happened to Stephen Brisby?" SG had pulled down its investment banking colours and run up the white flag. The French nation went into mourning and Tricolours were knocked down at half price to passing Japanese tourists on the Champs Elysée.

Rating: Aa3/A Amount: $300m subordinated notes

Zurich Financial Services is preparing a $2bn-$2.5bn rights issue, with Citigroup/SSSB, Credit Suisse First Boston, Goldman Sachs and UBS Warburg as joint underwriters. The deal was announced yesterday (Thursday) after days of intense speculation about the troubled Swiss conglomerate, which has seen its share price fall by 70% this year.

WestLB is making good progress on the financing of the £738m Wembley National Stadium project. The bank has been in discussion for some time with a number of other banks for senior roles on the deal which is thought to centre on a £414m loan financing for stadium.The timing of the launch of syndication has not yet been fixed, but should come within the next month or so.

Rating: A+ (Fitch) Amount: Sk1bn

Rating: A1/A+/A+ Amount: Eu200m (increased from Eu150m)