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BELL CANADA ANNOUNCES REDEMPTION OF FIRST MORTGAGE 8-3/8 PERCENT BONDS, SERIES AY

 BELL CANADA ANNOUNCES REDEMPTION OF FIRST MORTGAGE
 8-3/8 PERCENT BONDS, SERIES AY
 MONTREAL, Jan. 14 /PRNewswire/ -- Bell Canada today announced its intention to redeem, on Feb. 17, 1992, all of its $42 million principal amount of first mortgage 8-3/8 percent bonds, Series AY due Aug. 1, 1993, at a price equal to 100 percent of the principal amount plus accrued interest to the date of redemption.
 A formal notice of redemption will be mailed on Jan. 16, 1992, to all registered holders of Series AY bonds.
 Bell Canada, the largest Canadian telecommunications operating company, markets a full range of state-of-the-art products and services to nearly 7 million business and residence customers in Ontario, Quebec and parts of the Northwest Territories.
 Bell Canada is a member of Telecom Canada -- an association of Canada's major telecommunications companies.
 -0- 1/14/92
 /CONTACT: Lois Carson, 514-870-7430, for Bell Canada/ CO: Bell Canada ST: Quebec IN: TLS SU:


JT-CK -- NY066 -- 9751 01/14/92 17:12 EST
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Publication:PR Newswire
Date:Jan 14, 1992
Words:165
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