SAITAMA BANK ISSUES 100 MLN SFR CONVERTIBLE
Saitama Bank Ltd is issuing 100 mln Swiss
francs of convertible notes due September 30, 1992, paying an
indicated 1-1/4 pct, lead manager Credit Suisse said.
    Terms will be set on April 15 with payment due May 6.
    The conversion period is from May 20, 1987 until September
18, 1992.
 REUTER
