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SECOND REOPENING OF HYDRO-QUEBEC GLOBAL DEBENTURES SERIES IC, 9.625 PERCENT DUE JULY 15, 2002

 MONTREAL, Feb. 5 /PRNewswire/ -- Hydro-Quebec announces that it has sold to a single investor, through the intermediary of Merrill Lynch & Co. and Lehman Brothers, a new tranche of $200,000,000 CDN of its Global debentures Series IC.
 The new securities have been registered with the United States Securities and Exchange Commission and will also be listed at the Luxembourg Stock Exchange and will be fully fungible with the original issue.
 Moody's Investors Service has assigned a Aa3' rating and Standard & Poor's Corporation a AA-' rating to these securities.
 The issuance of this new tranche of debentures series IC will bring the total amount outstanding of Series IC securities to $1,900,000,000 CDN.
 -0- 2/5/93
 /CONTACT: Helen Mayer, media relations of Hydro-Quebec, 514-289-2313/


CO: Hydro-Quebec ST: Quebec IN: UTI SU: OFR

WB -- NY062 -- 3720 02/05/93 17:11 EST
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Publication:PR Newswire
Date:Feb 5, 1993
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