TELECOM AUSTRALIA OFFERS 40 MLN DLR BONDS
The Australian government
telecommunications authority, Telecom Australia, said it will
offer two bond maturities totalling 40 mln Australian dlrs for
tender next week.
    Telecom said in a statement that it will offer 12.5 pct
March 1990 bonds and 13.0 pct February 1993 stock.
    Bids close mid-morning local time on Monday.
    Telecom said 52 mln dlrs of 1990 bonds and 10 mln dlrs of
1993 bonds are already on issue.
 REUTER
