Maturities in euro ranged from one year to 12 years. But the biggest trade was done in the mid term by Svensk Exportkredit. The borrower closed a euro800 million ($712.80 million) four-year note. It also did a euro500,000 note that goes out four years. Caisse Nationale Des Caisses d'Epargne et de Prevoyance issued a euro100 million one-year note via UBS Warburg. The trade pays a fixed coupon. And another French issuer was also in euro: Caisse Centrale du Credit Immobilier de France - 3CIF did a euro15 million eight-year note via JPMorgan. The note pays a fixed coupon annually of 5.99% and the redemption is linked to the Nikkei225. Italian bank Bipop-Carire closed a euro10 million six-year note and Banque Generale du Luxembourg was also in that maturity bracket. It did a euro2.50 million six-year note linked to the Dow Jones EuroStoxx50 index, with the final amount based on several observation dates throughout the duration of the note. The trade was led by Fortis Bank.
December 14, 2001