The Central Issuing Office of the Swisscantonal banks said it is launching a 150 mln Swiss franc 4-1/2
pct 12-year bond issue at 99.75 pct.
    Subscriptions close March 23.
    The funds will be partly used for the conversion or
repayment of an 80 mln franc 4-3/4 pct 1972/87 bond maturing on
April 15.
 REUTER
