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  • "You want to make sure your leads are awake, sweating at night, and we knew they would be." This was how Mark Cutis, treasurer of the European Bank for Reconstruction and Development (EBRD) justified picking a decidedly odd couple of banks to launch its benchmark foray into five-year Deutschmarks, its first benchmark for two years. By Steve Irvine.
  • The German capital markets are changing. Monetary union in Europe by 1999 is fading, money-market rates have fallen and internationalization is the buzzword. The bond market has been motoring - until the recent downturn. Does this signal a change in longer-term investor sentiment? Philip Moore reports.
  • Jean-Claude Komarovsky masterminds a bid for the widest mandate ever contemplated in the history of the Universe, and visits a squirrel farm near Woking.
  • A special report prepared by Bank J.Vontobel & Co. Ltd.
  • Want to lend to Fiat but your country limit for Italy is full? Want to take exposure to Brazil without also incurring US interest-rate risk? Want six-month exposure to the Philippines but there are no securities under two years in the market? The bold, new world of credit derivatives allows you to do all this and lots more. Mark Parsley reports.
  • A special report prepared by Bank Sarasin & Co.
  • A special report prepared by Chemical Bank and The Chase Manhattan Bank NA Background.
  • Nordic bonds led the world in performance last year, as investors applauded economic recovery and fiscal restraint. Although the upside now appears limited, they still provide a yield pick-up over German bonds. Norman Peagam reports.
  • A special report prepared by Benito & Monjardin SVB.
  • Go Johnny go go go, Not Liars' poker, I mandate you in the name of the law, Japan's bulletproof bankers wear blazers, MTN stars ain't cheap, Chase's Indiana Lynch.
  • The Forrest Gump phenomenon, Hanson provokes bondholders, Borrowers' market, Return of the Asian issuers.
  • A special report prepared by Credit Suisse Financial Products.