Caisse Nationale des Telecommunicationsis issuing a 20 billion yen eurobond due May 29, 1992 paying
4-3/8 pct and priced at 101-1/2 pct, lead manager IBJ
International Ltd said.
    The non-callable bond is available in denominations of one
mln yen and is guaranteed by France. The selling concession is
1-1/4 pct while management and underwriting combined pays 5/8
pct.
    The payment date is May 29 and the issue will be listed in
Luxembourg.
 REUTER
