RNS No 8292r
RAMS MORTGAGE CORPORATION LIMITED
8 October 1999

RE        RAMS MORTGAGE CORPORATION LIMITED
          MORTGAGE BACKED FRN

          USD 100,000,000 CLASS A1 DUE 10/2032 XS0090889113
          USD 284,000,000 CLASS A2 DUE 10/2032 XS0090889899
          USD  16,000,000 CLASS B  DUE 10/2032 XS0090890129

INTEREST PERIOD     : 12.10.99  TO  10.01.2000
           
          CLASS A1 INTEREST RATE 6.31625 PERCENT
          COUPON PER USD 100,000 IS USD 1,579.06
          CLASS A2 INTEREST RATE 6.35625 PERCENT
          COUPON PER USD 100,000 IS USD 1,589.06
          CLASS B INTEREST RATE 6.60625 PERCENT
          COUPON PER USD 100,000 IS USD 1,651.56

END

RC NFPEPEADNFFN
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