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Rating news: Moody's assigns A1 rating to Province of Manitoba's JPNYEN 10 billion dual currency bonds.

NEW YORK--(BUSINESS WIRE)--June 27, 1996--Effective today, Moody's Investors Service assigned a A1 rating to Manitoba's JPNYEN 10 billion dual-currency bonds payable in Australian dollars at maturity. The offering has a coupon of 6.7% coupon, with interest payable in Japanese yen and principal of AUSDLRS 115,700,600 payable at maturity on July 9, 1998. This is the first Japanese yen denominated offering this year and the first ever initially directed at the retail market.

CONTACT: Sovereign Rating Group

Yves Lemay, Vice President, 212/553-4384

Catherine Fleischmann, Vice President, 212/553-4169
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 27, 1996
Words:93
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