NORTH RHINE-WESTPHALIA TO ISSUE BOND TODAY
The West German
federal state of North Rhine-Westphalia will issue a domestic
mark bond this afternoon, a syndicate manager for the
Westdeutsche Landesbank Girozentrale, WestLB, said.
    The most recent issue for the state traded today at a yield
of 6.24 pct, one bank dealer said.
    Dealers expect today's issue to have a coupon of 6-1/8 pct.
The volume of the issue is expected to be one billion marks.
    The last issue for one billion marks carried a 6-1/4 pct
coupon for 10 years with a price of 99.65 for an issue yield of
6.30 pct.
 REUTER
