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UNIT TRUSTS ISSUE $739.5 MILLION IN MARCH

 UNIT TRUSTS ISSUE $739.5 MILLION IN MARCH
 WASHINGTON, May 1 /PRNewswire/ -- Unit Investment Trusts,


investment companies that purchase fixed portfolios of selected bonds or stocks, increased their deposits through offerings in March of $739.5 million for a year-to-date total of $2.24 billion in 1992, compared with $2.02 billion through March in 1991, according to statistics compiled by the Investment Company Institute.
 Tax-free bond trusts issued shares in March, with deposits of $424.8 million for a year-to-date total in the first three months of $1.27 billion in 1992, compared with $1.49 billion for the same period in 1991. Shares issued by taxable bond trusts reached $190.4 million in March for a year-to-date total of $563.6 million in 1992, compared to $369.5 million through the same period in 1991. Deposits to equity trusts totaled $124.4 million in March, for a year-to-date total of $401.8 million, compared with $155.6 million in 1991.
 There were 63 new tax-free bond trusts issuing shares in March, five new taxable bond trusts and three new equity trusts.
 In terms of maturity, long-term bond trusts with an average weighted maturity of more than 15 years were the most commonly offered in March with $417.1 million in shareholder deposits.
 The Investment Company Institute is the national association of the U.S. investment company industry.
 -0- 5/1/92
 /CONTACT: Betty Hart of the Investment Company Institute, 202-955-3532/ CO: Investment Company Institute ST: District of Columbia IN: FIN SU:


MH-DC -- DC032 -- 5616 05/01/92 16:33 EDT
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Date:May 1, 1992
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