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  • While France's 50-year OAT is creating a new segment on the euro yield curve, many other sovereigns are making the most of the clamour for long-dated bonds
  • With tongue firmly in cheek, regional broker CLSA launched its annual Feng Shui Index report early in February, offering prognostications for the Chinese Year of the Rooster. Now in its 14th year, the report, this time entitled "Rooster Oracles", is a humorous look at what the year might hold for the market in Hong Kong, one of the world's most superstitious places.
  • Supporters of PFI note that more hospitals have been built in the UK in the last 10 years than in the previous 50. Detractors think the capital inflows are being spent on the wrong assets in the wrong places, leaving the future as uncertain as ever.
  • Best at electronic warrants services
  • www.breakingviews.com
  • After a totally barren 2003 and a hesitant 2004, Germany's primary equity market looks to be reviving. Bad memories of the dot-com crash and the generally weak equity culture mean there's no rush to market but much is expected of private-equity exits.
  • Many banks are avid collectors of modern art, but are their most treasured works appreciated? Hanging them in conference or board rooms, or the corridors on executive floors and the number of people who get to see them is limited. There's always the option of putting them in your lobby. Or you can go one step further, like UBS, and display them in one of the most celebrated modern art museums, the newly reopened MoMa in New York.
  • Country risk results
  • A BANK EXECUTIVE telling you he sees no prospect of his institution merging with another is a bit like a politician telling you he's quitting to spend more time with his family. Usually it's little more than bluster.
  • Cash management