COMMUNAUTE URBAINE DE MONTREAL ISSUES NOTES
Communaute Urbaine de Montreal is
issuing a 75 mln Canadian dlr bond due April 22, 1997 carrying
a coupon of 8-7/8 pct and priced at 101-5/8, Banque Nationale
de Paris said as lead manager.
    The notes are available in denominations of 1,000 and
10,000 dlrs and will be listed on the Luxembourg Stock
Exchange. Payment date is April 22, 1987. The issuers'
outstanding securities are rated A-plus by Standard and Poor's
Corp.
    There is a 1-1/4 pct selling concession and 5/8 combined
management and underwriting fee.
 REUTERS
