CIBC UNIT ISSUES AUSTRALIAN DLR ZERO COUPON BOND
CIBC Australia Ltd is issuing a zero
coupon eurobond with a total redemption amount of 125 mln
Australian dlrs due May 15, 1992 priced at 54 pct, sole lead
manager CIBC Ltd said.
    The issue is available in denominations of 1,000 and 10,000
Australian dlrs and is guaranteed Canadian Imperial Bank of
Commerce. The selling concession is 3/4 pct, while management
and underwriting combined pays 5/8 pct.
    The payment date is May 15.
 REUTER
