EIB ISSUES 40 BILLION YEN EUROBOND
The European Investment Bank (EIB) is
issuing a 40 billion yen eurobond due May 6, 1994 paying 4-5/8
pct and priced at 101-1/2, lead Nomura International Ltd said.
    The non-callable bond is available in denominations of one
mln yen and will be listed in Luxembourg. The selling
concession is 1-1/8 pct while management and underwriting
combined pays 1/2 pct. The payment date is May 6.
    There is a mandatory purchase fund operating in years one
and two, except for the first month after the payment date,
whereby the EIB can purchase up to five pct of the issue each
year if it is trading below par.
 REUTER
