The City of Quebec is issuing a 40 mlnCanadian dlr, nine pct bond due April 1, 1997 at 100-1/2 pct,
sole lead manager Societe Generale said.
    The non-callable issue is of direct unsecured,
unsubordinated debt.
    Fees are 1-1/4 pct for selling and 3/8 pct each for
management and underwriting. Payment date is April 1,
denominations are of 1,000 and 10,000 dlrs and listing is in
Luxembourg.
 REUTER
