Hong Kong dollar was dominant as nine trades were closed yesterday outside of euro, US dollar and yen. Abbey National Treasury Services issued a three-year HK$50 million ($6.41 million) MTN. HSBC was the bookrunner. All four other notes in the currency were for HK$100 million. The issuers were Commerzbank, MSDW Asia Securities Products (who closed two trades) and Norddeutsche Landesbank. And Commerzbank was busy elsewhere, closing a R100 million ($9.64 million) MTN that matures on August 31 2004. The note has a coupon of 9.000%. Norwegian kroner made a rare appearance. Bremer Landesbank Capital Markets did a Nkr400 million ($44.67 million) note that pays an annual coupon of 6.000%. Development Bank of Singapore closed a S$0.36 million ($0.20 million) note that matures on January 18 of next year. And UBS (Jersey) went for sterling with a £
December 07, 2001