Amadeusz Juskowiak

Quebecs caisse des jardins issues yen eurobond

Caisse Centrale Desjardins du Quebec is issuing a 10 billion yen stepup eurobond maturing on March 25 1992 and priced at 10134 pct jointbookrunner Warburg Securities said

The issues pays a coupon of one pct in years one and two and then pays a coupon of 778 pct in years three four and five The selling concession is 114 pct while management and underwriting combined pays 58 pct

The payment date is March 25 while the issue will be listed in Luxembourg The borrower is the wholesale financing arm of a major group of credit unions in the Province of Quebec