The Reserve Bank said it will offer400 mln N.Z. Dlrs in government bonds of two differing
maturities at a 14 pct coupon at a bond tender on April 15.
    The bank said it will offer 200 mln dlrs of bonds maturing
March 1990 and 200 mln dlrs of bonds maturing July 1992.
    The bond tender is the first for the fiscal year ending on
March 31 1988. A full bond tender program for the year has not
yet been announced.
 REUTER
