UBS UNIT ISSUES 15 BILLION YEN EUROBOND
Union Bank of Switzerland NV is issuing
a 15 billion yen eurobond due June 1, 1992 paying 4-3/8 pct and
priced at 101-3/8 pct, lead manager Union Bank of Switzerland
(Securities) Ltd said.
    The issue has a call option and put option after four years
at par and is guaranteed by Union Bank of Switzerland. The
selling concession is one pct while management and underwriting
combined pays 5/8 pct.
    The issue is available in denominations of one mln yen and
will be listed in Luxembourg. The payment date is June 1.
 REUTER
