Amadeusz Juskowiak

Council of europe issues luxembourg franc bond

The Council of Europe is issuing a 125 mln luxembourg franc private placement bond carrying a 714 pct coupon and priced at par lead manager Banque Internationale a Luxembourg SA BIL said

The noncallable bullet issue maturing in August 1992 follows an earlier private placement bond announced last month for 250 mln francs but with the same conditions

The new issue is for payment on March 31 and coupon payments annually on August 11 with the first coupon a long coupon