The European Investment Bank isissuing a 300 mln Luxembourg franc, seven-year private
placement with a coupon of 7-3/8 pct and priced at par, lead
manager Caisse d'Epargne de l'Etat, Banque de l'Etat said.
    Payment date is April 9 and coupon date April 10 annually,
with final maturity on that date in 1994. The issue can be
redeemed early on April 10, 1991, 1992 or 1993 with 45 days'
notice.
 REUTER
