NORDIC INVESTMENT BANK HAS ZERO COUPON BOND
The Nordic Investment Bank is issuing a
zero coupon 100 mln Australian dlr bond due April 24, 1992
priced at 53-1/2 pct for an effective yield at launch of 13.33
pct, lead manager Chemical Bank International Ltd said.
    The bond will be available in denominations of 1,000 and
10,000 dlrs and will be listed in Luxembourg.
    Fees comprise 3/4 pct selling concession and 1/2 pct for
management and underwriting.
 REUTER
