Bankers Trust International Ltd said itis issuing 200,000 stg call/dlr put currency warrants at an
initial offer price of 31.25 dlrs per warrant.
    The issue is guaranteed by Bankers Trust New York Corp.
    Each warrant entitles the holder to exchange 500 dlrs for
stg at a rate of 1.60 stg/dlr and the minimum number of
warrants exercisable or tradeable is 100.
    Exercise period for the warrants will run from April 22,
1987 until March 17, 1989. Payment is due April 15, 1987.
 REUTER
