CANADA PRICES 1.2 BILLION DLR BOND ISSUE
The finance department announced the new
1.2 billion dlr, four-part bond issue, to be dated March 15 and
delivered March 16, will be priced as follows.
    - 8 pct bonds due July 1, 1990 at a price of 100.30 pct
todmpB]w about 7.89 pct to maturity
    - 8-1/4 pct bonds due March 1, 1994 at a price of 100.25
pct to yield about 8.20 pct to maturity.
    - 8-1/4 pct bonds due March 1, 1997 at a price of 99.50 pct
to yield about 8.32 pct to maturity.
    - 8-1/2 pct bonds due June 1, 2011 at a price of 98.625 pct
to yield about 8.63 pct to maturity.
    The 2011 maturity will be issued to a maximum of 375 mln
dlrs.
    The Bank of Canada will buy 100 mln dlrs of the new issue,
including a minimum of 10 mln dlrs of the 2011 maturity.
 Reuter
