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Hong Kong dollar and Singapore dollar were the only two other currencies traded yesterday. Six trades were closed in Hong Kong dollar and two in Singapore dollar. Both currencies attracted only bank names. Royal Bank of Scotland closed a 10-year note for HK$40 million ($5.13 million). It pays a final coupon of 6.45% and pays interest quarterly. Spintab was also in the currency with a HK$180 million three-year trade. It also pays interest quarterly and a final coupon of 0.130%. National Australia Bank was also in Hong Kong dollar. Its HK$160 million trade also matures in three years and is due on the same date as Spintab's note - August 30. Development Bank of Singapore, Credit Lyonnais Finance and HSBC Investment Bank were at the short end in Hong Kong dollar with notes for HK$1 million, HK$8 million and HK$80 million respectively. All mature within six weeks of issue date. Development Bank of Singapore also issued two Singapore dollar trades for $250,000 ($142,174) and $200,000. Both trades are due on August 29 and mature in one month.

Peugeot SA is contemplating a Eu750m-Eu1bn 10 year transaction for launch in September, a debut financing by the parent company of the auto group in the international public bond markets. The mandated banks are expected to be Credit Suisse First Boston and JP Morgan with two other houses, possibly ABN Amro and HSBC. The launch will follow a pan-European roadshow.

Peugeot SA is contemplating a Eu750m-Eu1bn 10 year transaction for launch in September, a debut financing by the parent company of the auto group in the international public bond markets. The mandated banks are expected to be Credit Suisse First Boston and JP Morgan with two other houses, possibly ABN Amro and HSBC. The launch will follow a pan-European roadshow.

* Deutsche Hypothekenbank AG Hannover Berlin Rating: AAA

Portucel-Empresa Produtura de Pasta e Papel, the Portuguese pulp and paper company, is to raise Eu332.5m from a rights issue. The money raised will be used to finance the Eu1.54bn purchase of Soporcel, its Portuguese pulp and paper competitor that was completed earlier this year. In line with stock market regulations, Portucel announced yesterday (Thursday) that it planned to offer new shares to shareholders at Eu1.

Tariq Rafique, ABN Amro's global head of securitisation in London, has resigned from the Dutch bank and is widely tipped to move to Nomura - with headhunters and bankers suggesting he may get a two year contract for as much as £3m a year. Rafique deniedt he has signed any contracts and told EuroWeek: "I enjoyed working at ABN Amro and am leaving primarily because I have always wanted to marry asset securitisation technology with capital."

Tariq Rafique, ABN Amro's global head of securitisation in London, has resigned from the Dutch bank and is widely tipped to move to Nomura - with headhunters and bankers suggesting he may get a two year contract for as much as £3m a year. Rafique deniedt he has signed any contracts and told EuroWeek: "I enjoyed working at ABN Amro and am leaving primarily because I have always wanted to marry asset securitisation technology with capital."

The global dollar corporate bond market continued to tighten this week, as the US Federal Reserve cut interest rates to their lowest levels in seven years and investors looked forward to further monetary easing in the months ahead. Citing weakness in corporate investment levels and profits, as well as slowing global growth, the FOMC cut the federal funds rate from 3.75% to 3.5%, its lowest point since 1994.

After a quiet summer season, the Scandinavian leveraged market picked up this week with the announcement that equity house Gilde Investment Management will buy out Sapa Autoplastics for Skr1.22bn. The new company will be called Plastal Group. Some 65% of the buy-out cost will be funded by senior debt with the balance in the form of equity.

After a quiet summer season, the Scandinavian leveraged market picked up this week with the announcement that equity house Gilde Investment Management will buy out Sapa Autoplastics for Skr1.22bn. The new company will be called Plastal Group. Some 65% of the buy-out cost will be funded by senior debt with the balance in the form of equity.

* European Investment Bank Rating: Aaa/AAA

Finland Nine arrangers have joined senior syndication of the debt facility for Finnish insurer Sampo.