BAYERISCHE VEREINSBANK SELLS WARRANTS ON BONDS
Bayerische Vereinsbank is issuing
100,000 "naked warrants' at 15 dlrs each, which are convertible
for up to one year into a 1,000 Australia dlr bond due April
30, 1992, said Merrill Lynch capital markets as lead manager.
    Payment is due April 30, 1987 and total fees are three pct.
Of that, there is a two pct selling concession with the
remainder a combined management and underwriting fee.
 REUTER
