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ROADSHOWS for the second Deutschmark Eurobond from the Russian Federation will start next week. Officials from lead managers Deutsche Morgan Grenfell and SBC Warburg Dillon Read, alongside a senior delegation from the Russian finance ministry, will host investor presentations in Geneva, Zurich, Paris, Frankfurt and London from March 16-March 20.

Julie Gavin has joined Credit Suisse First Boston's loan syndication department as a director. She will report to Grant Johnson, managing director of loan syndication. Gavin joins from CSFB's media and telecommunications group where she was head and director.

SBC WARBURG Dillon Read, UBS and ING Baring this week launched the global stock offering for Hagemeyer, the largest sale of corporate shares to be hosted by the Dutch market. The deal could raise as much as Dfl 3.9bn ($1.9bn) and will comprise the sale of stock to institutional and retail investors in the Dutch market as well as an institutional placement in the international markets and into the US via Rule 144A.

THE ISRAELI government is planning to revitalise its privatisation programme with a further sale of shares in Bezeq, its national telecoms operator. The country's progress at privatisation has, at best, been sporadic. But it hopes this deal will bring in a meaningful amount of foreign investment to the Tel Aviv stockmarket.

* SBC Warburg Dillon Read is the frontrunner to be global co-ordinator for the forthcoming sale of stock in Den norske Bank. The Norwegian bank was partially privatised in 1996 through a Warburg led deal that was one of the most successful international equity offerings out of Scandinavia that year. The next offering should take place later this year and a wide range of regional and international firms are bidding for the mandate. The transaction will comprise a local offering to Nordic investors as well as an international tranche.

AFTER numerous false starts, Greece will this year make yet another attempt to revive its flagging privatisation programme. Although a large number of assets remain in state hands, including companies in telecoms, finance, oil and leisure, many of them are poor performers.

THE PORTUGUESE government has announced plans to sell a second tranche of shares in Electricidade de Portugal (EdP), cutting its stake in the national power utility to 51%. The deal will represent 14.5% of EdP's capital and would raise Esc348bn ($1.9bn) at current market prices. Analysts expect the issue to come to market during the summer.

DRESDNER Kleinwort Benson this week launched the sale of stock in oil and gas company Mol, the first international sale of stock from Hungary of this year. The seller is APV Rt, the country's privatisation agency, which is divesting around 11% of Mol's equity. That will cut the government's stake to 25%, the minimum level required by Hungarian law.

TWO top German vehicle makers, Daimler-Benz and Volkswagen, this week announced plans for major equity issues. Daimler-Benz's rights issue, which will raise DM7.4bn, will be run by Deutsche Morgan Grenfell with existing shareholders receiving pre-emption rights; the existing major shareholders, Deutsche Bank and the government of Kuwait, will both take up their entitlements.

A STRING of small and mid-cap French companies are preparing flotations, offering international investors the chance to gain exposure to a range of high growth industries such as bio-technology. Many of them will be listing their shares on the Nouveau Marché in Paris. Some are also seeking a dual listing on Nasdaq to access the US investor base for high growth sectors.

EQUITY BULLS propelled the US markets to a new record high this week with the Dow index reaching 8,675 on Wednesday. Some investors took profits yesterday (Thursday), prompting the Dow to slide slightly, but Nasdaq stocks remained buoyant as technology shares shrugged off last week's anxiety over first quarter profit earnings. The stockmarket remains strong with many analysts focusing on continued evidence of a robust US economy from the country's corporates.

Australia Commonwealth Bank of Australia with co-arrangers Bankers Trust Australia, Deutsche Morgan Grenfell and SBC Warburg Australia have arranged a A$350m transferable FRCD for Commonwealth Bank of Australia. The amount was oversubscribed and increased from A$250m. The three year deal pays a coupon of 5.5%, equivalent to 30bp over January 2001 Commonwealths.