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* AIG SunAmerica Institutional Funding II Rating: Aaa/AAA

CIF Euromortgage has signed a euro10 billion ($8.96 billion) Euro-MTN programme. Deutsche Bank and BNP Paribas are the arrangers. The issuer has been rumoured to be signing since May and has finally put pen to paper this week. CIF Euromortgage is not rated by Standard & Poor's or Moody's. It will enter a competitive market since French financials, such as CDC IXIS Capital Markets, CNCEP and Credit Lyonnais, are among the busiest issuers this year. None of the French banks to issue this year are unrated. It is the first French bank to sign a programme this year, although six French corporates have signed (Air Liquide, Alcatel, Enterprise Miniere et Chimique, Pinault Printemps-Redoute, Suez Lyonnaise des Eaux and Vivendi Environnement) and one French regional authority (Region Ile de France). The dealer panel consists of ABN Amro, BNP Paribas, CDC IXIS Capital Markets, Credit Agricole Indosuez, Deutsche Bank, JPMorgan, HypoVereinsbank and SG.

Colombia is hoping to issue as much as $1.2bn between now and the end of the year, with its plans including a return to the yen markets. This week the republic received authorisation to issue another $500m of bonds, and its director of public credit, Juan Mario Laserna, told EuroWeek that, market conditions permitting, he would like to raise this year the entire $1.2bn the government still has to raise for its 2002 requirements.