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DETROIT EDISON TO REDEEM BONDS

 DETROIT, March 15 /PRNewswire/ -- Detroit Edison (NYSE: DTE) today announced it will redeem all $4.45 million of outstanding series 1988 AA, 8.25 percent Michigan Strategic Fund Limited Obligation Refunding Revenue Bonds on April 15, 1993, at a price of 103 percent plus accrued interest. Additionally, the company said it will redeem all $800,000 of outstanding series W, 9.25 percent Economic Development Corporation of Monroe County Limited Obligation Revenue Bonds on June 15, 1993, at a price of 103 percent plus accrued interest.
 The National Bank of Detroit is trustee for both bond series.
 -0- 3/15/93
 /CONTACT: Lorie N. Kessler, 313-237-8807, or Mary Kay Bean, 313-237-8809, both of Detroit Edison/
 (DTE)


CO: The Detroit Edison Company ST: Michigan IN: UTI SU:

ML -- DE004 -- 5864 03/15/93 08:20 EST
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Publication:PR Newswire
Date:Mar 15, 1993
Words:135
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