INTERNATIONAL CREDIT HIGHLIGHTS - APRIL 7
Belgium is launching a euro-commercial paper
program for an unlimited amount with the issuance planned
immediately after signing in mid-May, First Chicago Ltd said as
arranger.
    London - Colombia is in the process of arranging two
co-financings for projects in the electrical sector, director
of public credit Mauricio Cabrera said.
    Abidjan - The African Development Bank said it increased
its lending by 42.1 pct last year to 1.64 billion dlrs from
1.15 billion dlrs in 1985.
    Manila - The Asian Development Bank said it had approved
two loans amounting to 75.7 mln dlrs for agricultural projects
in Bangladesh and Nepal.
    Washington - Federal Reserve Board chairman Paul Volcker
said debtor nations have made much progress in laying the
groundwork for economic growth, but a solution to world debt
difficulties was endangered by inaction on new financing.
    Paris - The French treasury has decided to repay 680 mln
francs of debt issued before 1950, the Finance ministry said.
 REUTER
