VOLVO ISSUES 70 BILLION EUROLIRE BOND
AB Volvo is issuing a 70 billion
eurolire bond due May 31, 1990 paying 10-1/8 pct and priced at
100-1/2 pct, lead manager Banca Commerciale Italiana said.
    The bond is available in denominations of two mln lire and
will be listed in London.
    Fees comprise 7/8 pct selling concession with 1/2 pct for
management and underwriting combined.
    Payment date is April 24 and there will be a long first
coupon.
 REUTER
