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UNIT TRUSTS ISSUE $567.8 MILLION IN FEBRUARY

 UNIT TRUSTS ISSUE $567.8 MILLION IN FEBRUARY
 WASHINGTON, April 2 /PRNewswire/ -- Unit Investment Trusts,


investment companies that purchase fixed portfolios of selected bonds or stocks, increased their deposits through offerings in February of $567.8 million for a total of $1.50 billion in 1992, compared with $1.36 billion in 1991, according to statistics compiled by the Investment Company Institute.
 Tax-free bond trusts issued shares in February, with deposits of $284.0 million for a total of $848.3 million in 1992, compared with $1.06 billion in 1991. Shares issued by taxable bond trusts reached $184.9 million in February for a total of $373.3 million in 1992, compared with $239.7 million in 1991. Deposits to equity trusts totaled $98.8 million in February, for a year-to-date total of $277.4 million, compared with $60.6 million for 1991.
 There were 46 new tax-free bond trusts issuing shares in February, 11 new taxable bond trusts, and seven 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 February, with $293.3 million in shareholder deposits.
 The Investment Company Institute is the national association of the U.S. investment company industry.
 -0- 4/2/92
 /CONTACT: John Collins of the Investment Company Institute, 202-955-3535/ CO: Investment Company Institute ST: District of Columbia IN: FIN SU: ECO


TW -- DC007 -- 4237 04/02/92 09:28 EST
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Date:Apr 2, 1992
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