COUNCIL OF EUROPE ISSUES LUXEMBOURG FRANC BOND
The Council of Europe is issuing a
125 mln luxembourg franc private placement bond carrying a
7-1/4 pct coupon and priced at par, lead manager Banque
Internationale a Luxembourg SA (BIL) said.
    The non-callable, bullet issue maturing in August 1992
follows an earlier private placement bond announced last month
for 250 mln francs but with the same conditions.
    The new issue is for payment on March 31 and coupon
payments annually on August 11, with the first coupon a long
coupon.
 REUTER
