AMRO BANK PLANS 300 MLN GUILDER 6.75 PCT BONDS
Amsterdam-Rotterdam Bank NV <AMRO.AS>
said it plans to issue 300 mln 6.75 pct capital bonds due
1988/2007.
    The bonds will be redeemable in 20 almost equal annual
instalments starting June 1, 1988.
    Early redemption is not permitted, the bank said.
    The issue price will be announced no later than Wednesday,
April 15. Subscriptions close on Thursday April 16 at 15.00 hrs
local time. The coupon and payment date is June 1.
    The bonds will be listed on the Amsterdam Stock Exchange.
    A spokesman for the bank said the capital bonds were
subordinated and had an average maturity of 10.5 years.
    The bonds will be in denominations of 1,000 and 5,000
guilders.
 REUTER
