Article: Paine Webber Group files 5,000,000 of Nikkei stock average put warrants and 3,500,000 of Nikkei stock average call warrants.

PAINE WEBBER GROUP FILES 5,000,000 OF NIKKEI STOCK AVERAGE

PUT WARRANTS AND 3,500,000 OF NIKKEI STOCK AVERAGE CALL WARRANTS

NEW YORK, April 6 /PRNewswire/ -- Paine Webber Group Inc. announced today that it has filed with the Securities and Exchange Commission to issue 5,000,000 Nikkei Stock Average put warrants and 3,500,000 Nikkei Stock Average call warrants. The Nikkei Stock Average is a price- weighted index which measures the composite price performance of 225 Japanese stocks representing a broad cross section of Japanese industries trading on the Tokyo Stock Exchange. The Nikkei Stock Average is compiled and published by Nihon Keizai Shimbun, ...

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