Fifteen trades were closed in other currencies on Friday. And again it was Hong Kong dollar leading the way with eight deals closed in the currency. But five other currencies were active and volumes in Canadian dollar and Australian dollar were the highest behind Hong Kong dollar. SEK issued the day's only Canadian dollar trade. It went out five years with its C$100 million note that pays a coupon of 4.75%. The note was issued at a price of 101.29% and was led by CIBC World Markets. European Investment Bank was also busy in the five-year sector. It added R100 million ($9.77 million) to its existing R400 million note. The note pays a coupon of 9% and was led by The Royal Bank of Canada. Bank of Queensland closed two deals in Australian dollar. The largest trade was a A$30 million ($15.52 million) note that pays a coupon of 4.23% and its smallest trade was a A$20 million offer that pays a coupon of 4.24%. Both trades go out one year. Rabobank Nederland closed the largest and longest trade in Hong Kong dollar. It went out five years with its HK$200 million ($25.64 million) FRN. It also closed a HK180 million three-year FRN that pays a coupon of 4.36% and will reach the market on December 7 2001. Credit Agricole Indosuez was also busy in the currency and issued three one-year notes that range in value from HK$3 million to HK$7 million.
December 07, 2001
