Building a euro market

A SUPPLEMENT TO EUROMONEY – MARKETS 1997

With the introduction of the single European currency less than two years away, borrowers and intermediaries in the international debt capital markets will focus more and more on this huge impending change. “This year and next are very major turning points that will shape the capital markets for 10 or 15 years to come. One is hard pressed to think of a more important development over the last 20 years than the euro,” says Carlos Cordeiro, managing director at Goldman Sachs.