Canada's state-run Export DevelopmentCorp said it arranged a 15 billion yen offering of 4-1/2 pct
notes, due Aug 28, 1992, its first Euro-Yen offering.
    The redeemable notes, priced at 101-7/8 pct, is being
offered through Bank of Tokyo International Ltd, Daiwa Europe
Ltd, Nomura International Ltd, Credit Suisse First Boston Ltd,
Morgan Stanley International and 19 other institutions.
    Net proceeds, which have been swapped to U.S. dlrs for
undislcosed terms, will used to fund loan commitments and other
purposes. 
 Reuter
