U.K. BUILDING SOCIETY TAPS EUROSTERLING MARKET
Cheltenham and Gloucester Building
Society is issuing a 50 mln stg eurobond due April 22, 1992,
paying 9-1/4 pct and priced at 101-1/4 pct, lead manager Union
Bank of Switzerland (Securities) Ltd said.
    The bond will be available in denominations of 1,000 stg
and will be listed in Luxembourg.
    Fees comprise 1-1/4 pct selling concession and 5/8 pct
management and underwriting combined.
 REUTER
