REPUBLIC <RNB> UNIT'S NOTES YIELD 9.612 PCT
Republic National Bank of New York, a
unit of Republic New York Corp, is offering 100 mln dlrs of
notes due 1989 yielding 9.612 pct, said sole manager Salomon
Brothers Inc.
    The notes have a 9-1/2 pct coupon and were priced at 99.80
to yield 63 basis points more than the when-issued two-year
Treasury notes.
    Non-callable for life, the issue is rated Aa-1 by Moody's
Investors Service Inc and AA by Standard and Poor's Corp.
 Reuter
