RNS Number:0884J
Nordic Investment Bank
13 April 2000


RE  NORDIC INVESTMENT BANK
    FRF 315,000,000 SERIES 118 EMTN
    DUE 16 APRIL 2007
    ISIN: XS0075278704

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
17 APR 00 TO 17 JUL 00 HAS BEEN FIXED AT 5.73  PCT

INTEREST PAYABLE VALUE 17 JUL 00 WILL BE
FRF 14,484.17  PER FRF 1,000,000 DENOMINATION
--------------------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK
ON  44 71 508 3855 / 3857.

FROM: RATEFIX DESK
      CITIBANK N.A. LONDON

END

RC MGGMDRFMGGZM


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