This week, CNP Assurances initiated a much-needed upsurge to the dollar Reg S market. It showed that its capital deals would still receive considerable offers from Asian private banks. The company also soothed worries that demand would decrease after a sell-off that started in late May.

CNP's US$500 million non-call six-year contract pulled the attention of up to US$3.75 billion of orders. A combination of European and Asian accounts were attracted by the deal. CNP's head's decision to anticipate for three more weeks after the conclusion of the campaign was justified because of the many offers.

Ben Bernanke's, Federal Reserve Chairman, comments stimulated the deal to come to market. This was after a major market circumstances throughout the week.

"It took us a few days to pluck up the courage to pull the trigger on this deal, but once we saw the way the Asian market was moving earlier this week we thought it would go well," said one principal banker.