RS Bank Sparebanken Rogaland of Stavanger,Norway is launching a 40 mln Swiss franc seven year bond with a
4-7/8 pct coupon and par issue price, lead manager Banque
Gutzwiller, Kurz, Bungener Ltd said.
    Subscription is from June 11 until June 17 with closing and
pay-out on July 7.
    It can be called at 101 in 1992, and at 100-1/2 in 1993.
 REUTER
