1
 The following were among Friday's offerings and pricings in the U.S. and non-U.S. capital markets, with terms and syndicate manager,
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2
 as compiled by Dow Jones Capital Markets Report:
1
attribution

3
 Dow Chemical Co. --
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4
 $150 million of 8.55% senior notes due Oct. 15, 2009,
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5
 priced at par.
4
elaboration-object-attribute-e

6
 The issue,
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7
 which is puttable back to the company at par on Oct. 15, 1999,
6
elaboration-additional-e

8
 was priced at a spread of 50 basis points above the Treasury's 10-year note.
5004
Same-Unit

9
 Rated single-A-1 by Moody's Investors Service Inc. and single-A by Standard & Poor's Corp.,
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circumstance

10
 the non-callable issue will be sold through underwriters
5006
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11
 led by Merrill Lynch Capital Markets.
10
elaboration-object-attribute-e

12
 Centel Capital Corp. --
5018
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13
 $150 million of 9% debentures due Oct. 15, 2019,
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14
 priced at 99.943
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15
 to yield 9.008%.
14
purpose

16
 The non-callable issue,
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17
 which can be put back to the company in 1999,
16
elaboration-additional-e

18
 was priced at 99 basis points above the Treasury's 10-year note.
5013
Same-Unit

19
 Rated Baa-1 by Moody's and triple-B-plus by S&P,
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circumstance

20
 the issue will be sold through underwriters
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21
 led by Morgan Stanley & Co.
20
elaboration-object-attribute-e

22
 Federal Home Loan Mortgage Corp. --
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23
 $500 million of Remic mortgage securities
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24
 offered in 13 classes by Prudential-Bache Securities Inc.
23
elaboration-object-attribute-e

25
 The offering, Series 102,
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26
 backed by Freddie Mac 8 1/2% securities with a weighted average remaining term to maturity of 28.4 years,
25
elaboration-object-attribute-e

27
 was priced before the market's afternoon surge.
5021
Same-Unit

28
 Among classes
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29
 for which details were available,
28
elaboration-object-attribute-e

30
 yields ranged from 8.78%, or 75 basis points over two-year Treasury securities, to 10.05%, or 200 basis points over 10-year Treasurys.
5023
Same-Unit

31
 Federal Home Loan Mortgage Corp. --
5030
span

32
 $300 million of Remic mortgage securities
5027
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33
 offered by Citicorp Securities Markets Inc.
32
elaboration-object-attribute-e

34
 The offering, Series 101, is backed by Freddie Mac 9 1/2% securities.
5027
elaboration-additional

35
 Pricing details weren't immediately available.
5028
elaboration-additional

36
 Federal Home Loan Mortgage Corp. --
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37
 $200 million of stripped mortgage securities 
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38
underwritten by BT Securities Corp.
37
elaboration-object-attribute-e

39
 The agency's first strips issue,
5034
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40
 collateralized by Freddie Mac 8% securities
5033
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41
 pooled into a single security 
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42
called a Giant,
41
elaboration-additional-e

43
 will be divided into interest-only and principal-only securities.
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Same-Unit

44
 The collateral is being sold by a thrift institution.
5035
elaboration-additional

45
 The principal-only securities will be repackaged by BT Securities into a Freddie Mac Remic, Series 103,
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46
 that will have six classes.
45
elaboration-object-attribute-e

47
 The interest-only securities will be sold separately by BT Securities.
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Contrast

48
 The principal-only securities pay the principal from the underlying Freddie Mac 8% securities,
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Contrast

49
 while the interest-only securities pay only interest.
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Contrast

50
 Freddie Mac said
5044
attribution

51
 the principal-only securities were priced at 58 1/4
5043
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52
 to yield 8.45%,
51
purpose

53
 assuming an average life of eight years and a prepayment of 160% of the PSA model.
5043
condition

54
 The interest-only securities were priced at 35 1/2 
5046
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55
to yield 10.72%.
54
purpose

56
 There were no major Eurobond or foreign bond offerings in Europe Friday.
5051
elaboration-additional

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elaboration-additional

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elaboration-additional

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3
elaboration-general-specific

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List

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13
elaboration-object-attribute-e

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5014
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Same-Unit

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multinuc
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elaboration-additional

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5017
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5015
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5014
elaboration-additional

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12
elaboration-general-specific

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List

5019
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5024
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5021
Same-Unit

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multinuc
5019
elaboration-additional

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Same-Unit

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multinuc
5024
elaboration-additional

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22
elaboration-general-specific

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List

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31
elaboration-general-specific

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List

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5036
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40
elaboration-object-attribute-e

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39
elaboration-object-attribute-e

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Same-Unit

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multinuc
5037
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36
elaboration-general-specific

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5042
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Contrast

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multinuc
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multinuc
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elaboration-additional

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5031
elaboration-additional

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Contrast

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Contrast

5047
multinuc
5041
elaboration-additional

5048
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5037
elaboration-additional

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List

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multinuc
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elaboration-set-member-e

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