FINNISH EXPORT CREDIT ISSUES DANISH CROWN BONDS
Finnish Export Credit Ltd issued
bonds for 450 mln Danish crowns in three bullet tranches each
of 150 mln crowns, an official at joint lead manager Copenhagen
Handelsbank A/S told Reuters.
    All three tranches bear an 11 pct coupon, with average
issue price of 101-1/8 and average fees of 1-1/2 pct, payment
date May 14, 1987. Denominations are 10,000 crowns and
registration is in Luxembourg.
    The bonds mature respectively in May 1989, 1990 and 1991
and are being syndicated as a package but quoted separately.
Handelsbank is joint lead with Prudential-Bache Securities Int.
 REUTER
