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CROATIAN RECONSTRUCTION BANK AWARDED FOR BEST BOND ISSUE

( Editorial: --> 4702 ) ZAGREB, Jan 15 (Hina) - The Croatian Reconstruction and Development Bank (HBOR) was presented an award for the best bond emission in 1997. The award was presented by the "International financing Review - IFR" financial magazine which picks the most successful participants at the world capital market every year. The award was received by the chairman of the HBOR board, Anton Kovacev in London on Thursday, HBOR said in a statement. The HBOR issued the bonds at an annual interest rate of 5.625 per cent, at a five-year period. The bonds were of Austrian schilling denomination. (hina) lm 151636 MET jan 98

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