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  • In a Euromoney virtual round table, James Rutter asks 10 borrowers - big and small - to predict the shape of the new market in euros, how they will handle their borrowing, who will they choose to handle their deals.
  • The two most talked about themes in the capital markets right now are jumbo issuance and the changes that will occur as a result of the introduction of the euro. Many of our readers will be able to quiz issuers directly at our Borrowers and Issuers Conference in mid-June. Victoria Whitenton, treasurer of Freddie Mac, for one will be there hoping that "at the Euromoney conference we will get feedback both from investors who have participated and those who have remained on the sidelines".
  • The star performers of Nordic stock markets are not forestry, engineering or shipping companies, they are Internet, biotechnology and service-sector start-ups. But will they stay with the local markets when their capital needs grow?
  • Once upon a time Spain's thoroughbred banks looked down on the cajas de ahorros. But these local savings institutions are no longer the slow beasts of burden they once were. They sell many of the same products as commercial banks; they're opening branches outside their traditional stamping grounds; some are even buying banks. But as Jules Stewart reports, they are protected from takeover themselves.
  • They had to have the money, but no one bargains like the Koreans. So when the heavily downgraded republic was forced into the bond markets in mid-meltdown, Salomon and Goldman knew lead-managing the deal would be tough ... but not this tough. Steven Irvine reports.
  • Issuer: Tabacalera
  • The initial membership of Emu is decided, as is the board of the European Central Bank (ECB) and the exchange-rate parities for converting Emu participant currencies into the new euro on 1 January 1999.
  • Brazil is still learning to live without inflation. Before the Plano Real, it could sustain a fiscal deficit through monetary expansion. Now it needs to boost exports and cut government borrowing. Marcelo Starec reports