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GENERAL TERM NOTES PROVIDE A HIGHER YIELD ALTERNATIVE TO CERTIFICATES OF DEPOSIT

 GENERAL TERM NOTES PROVIDE A HIGHER YIELD ALTERNATIVE
 TO CERTIFICATES OF DEPOSIT
 FARMINGTON HILLS, Mich., Sept. 21 /PRNewswire/ -- Currently, General Term Notes or GTN offerings are from 3/4 of a percent to 3 percent higher than the national average for Certificates of Deposit of a similar maturity and yield from 5.75 percent to 8.875 percent. Investors who purchase GTNs are looking to large corporations to pay principal and interest instead of banks and FDIC insurance, according to securities broker-dealer J.W Korth & Company. While GTNs offer investors a higher degree of risk, they are rewarded with a higher yield and can expect a high degree of liquidity with no pre-payment penalty. GTNs are not insured by any agency of the federal government. GTNs are rated as high as "A" and as low as "B" by national ratings services and investors may choose their comfort level of risk vs. yield.
 Current issuers of General Term Notes are Household Finance Corporation and Kroger Co. Investors may purchase five-year through 12-year maturities, some with monthly payments. GTNs may be purchased from a stockbroker at most securities firms. General Term Notes and GTN are service marks of J.W. Korth & Company. Kemper Securities Corp. and J.W. Korth & Company manage the offerings of GTNs and make a secondary market in General Term Notes but are not obligated to do so. Once issued, the value of GTNs fluctuates according to the level of changes in interest rates.
 For more information, contact John Kloster or James Korth at 313-855-4500.
 -0- 9/21/92
 /CONTACT: John Kloster or James Korth of J.W. Korth & Company, 313-855-4500/ CO: J.W. Korth & Company ST: Michigan IN: FIN SU:


JG -- DE021 -- 1793 09/21/92 15:19 EDT
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Publication:PR Newswire
Date:Sep 21, 1992
Words:291
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