* Sachsen Landesbank has set up a Eu5bn Euro-MTN programme in a move to diversify its investor base away from the domestic market. Merrill Lynch has arranged the programme. Joining Merrill Lynch in the dealer group are Dresdner Kleinwort Benson, Goldman Sachs, Lehman Brothers, Nomura, Paribas, JP Morgan, Morgan Stanley Dean Witter, SBC Warburg Dillon Read and Salomon Smith Barney.
May 15, 1998