CANADA LAUNCHES 1.2 BILLION DLR BOND ISSUE
Canada will offer a 1.2 billion dlr,
four-part bond issue tomorrow, which will be dated March 15 and
delivered March 16, the finance department said.
    The issue will consist of four maturities:
    - 8 pct bonds due July 1, 1990,
    - 8-1/4 pct bonds due March 1, 1994,
    - 8-1/4 pct bonds due March 1, 1997,
    - 8-1/2 pct bonds due June 1, 2011.
    The 2011 maturity will be issued to a maximum of 374 mln
dlrs. The Bank of Canada will buy 100 mln dlrs of the new
issue, including 10 mln dlrs of the 2011 maturity.
 Reuter
