WORLD BANK ISSUES AUSTRALIAN DLR ZERO COUPON BOND
The World Bank is issuing 150 mln
Australian dlrs of zero coupon bonds due April 15, 1992 priced
at 53, lead manager Hambros Bank Ltd said.
    The bonds will be listed in Luxembourg and sold in
denominations of 1,000 and 10,000 dlrs. Payment date is April
15. The co-lead managers are Orion Royal Bank Ltd and Citicorp
Investment Bank Ltd.
    Fees are 3/4 pct for selling and 1/2 pct for management and
underwriting. There also is a 1/8 pct praecipuum.
 REUTER
