<PAGE> 1
FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/97 (b)
Is this a transition report? (Y/N) N
Is this an amendment to a previous filing? (Y/N) N
Those items or sub-items with a box "[/]" after the item number should be
completed only if the answer has changed from the previous filing on this form.
1. A. Registrant Name: NEW YORK LIFE INSURANCE AND ANNUITY
CORPORATION CORPORATE SPONSORED
VARIABLE UNIVERSAL LIFE SEPARATE
ACCOUNT-I
B. File Number: 811-07697
C. Telephone Number: (212) 576-7000
2. A. Street: 51 MADISON AVENUE
B. City: NEW YORK C. State: NY D. Zip Code: 10010 Zip Ext:
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant? (Y/N) Y
4. Is this the last filing on this form by Registrant? (Y/N) N
5. Is Registrant a small business investment company (SBIC)? (Y/N) N
[If answer is "Y" (Yes), complete only items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)? (Y/N) Y
[If answer is "Y" (Yes) complete only items 111 through 132.]
7. A. Is Registrant a series or multiple portfolio company?(Y/N) Y
[If answer is "N" (No), go to item 8.]
B. How many separate series or portfolios did Registrant
have at the end of the period? 18
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For period ending 12/31/97
File number 811-07697
UNIT INVESTMENT TRUSTS
111. A. [/] Depositor Name: New York Life Insurance and Annuity Corporation
_______________________________________________
B. [/] File Number (If any): ______________
C. [/] City: New York State: NY Zip Code: 10010 Zip Ext.:
________ __ _____ ____
[/] Foreign Country: _______________ Foreign Postal Code: ________
111. A. [/] Depositor Name: _________________________________________________
B. [/] File Number (If any): ________
C. [/] City: ___________State: ________Zip Code: ________Zip Ext.:_____
[/] Foreign Country: ________________Foreign Postal Code: __________
112. A. [/] Sponsor Name: __________________________________________________
B. [/] File Number (If any): ______________
C. [/] City: ________State: ________Zip Code: ________Zip Ext.:_____
[/] Foreign Country: _____________Foreign Postal Code: __________
112. A. [/] Sponsor Name: _______________________________________________
B. [/] File Number (If any): ______________
C. [/] City: ________State: ________Zip Code: ________Zip Ext.:_____
[/] Foreign Country: ________________Foreign Postal Code: _______
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For period ending 12/31/97
File number 811-07697
113. A. [/] Trustee Name: ___________________________________________________
B. [/] City: ____________State: ________Zip Code: ________Zip Ext.:_____
[/] Foreign Country: ___________________Foreign Postal Code:_________
113. A. [/] Trustee Name: ___________________________________________________
B. [/] City: ____________State: ________Zip Code: ________Zip Ext.:_____
[/] Foreign Country: __________________Foreign Postal Code: _________
114. A. [/] Principal Underwriter Name: NYLIFE Securities, Inc.
_______________________
B. [/] File Number: 8-15517
_______
C. [/] City: New York State: NY Zip Code: 10010 Zip Ext.:
_________ __ _____ ____
[/] Foreign Country: ______________________Foreign Postal Code: _______
114. A. [/] Principal Underwriter Name: _______________________________________
B. [/] File Number: 8- ______________
C. [/] City: ________________State: ________Zip Code: ________Zip Ext.:___
[/] Foreign Country: ______________________Foreign Postal Code: _______
115. A. [/] Independent Public Accountant Name: Price Waterhouse LLP
____________________
B. [/] City: New York State: NY Zip Code: 10036 Zip Ext.:
________ __ _____ ____
[/] Foreign Country: __________________Foreign Postal Code: _________
115. A. [/] Independent Public Accountant Name: _____________________________
B. [/] City: _________State: ________Zip Code: ________Zip Ext.:________
[/] Foreign Country: __________________Foreign Postal Code: _________
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If filing more than one
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For period ending 12/31/97
File number 811-07697
116. Family of investment companies information:
<TABLE>
<S> <C> <C>
A. [/] Is Registrant part of a family of investment companies?(Y/N) Y
___
Y/N
B. [/] Identify the family in 10 letters: N Y L I C G R O U P
_ _ _ _ _ _ _ _ _ _
(NOTE: In filing this form, use this identification consistently
for all investment companies in family. This designation is for
purposes of this form only.)
117. A. [/] Is Registrant a separate account of an insurance company? (Y/N) Y
___
If answer is "Y" (Yes), are any of the following types of contracts Y/N
funded by the Registrant?:
B. [/] Variable annuity contracts? (Y/N) N
___
Y/N
C. [/] Scheduled premium variable life contracts? (Y/N) N
___
Y/N
D. [/] Flexible premium variable life contracts? (Y/N) Y
___
Y/N
E. [/] Other types of insurance products registered under the
Securities Act of 1933? (Y/N) N
___
Y/N
118. [/] State the number of series existing at the end of the period that
had securities registered under the Securities Act of 1933 1
119. [/] State the number of new series for which registration statements
under the Securities Act of 1933 became effective during the period 1
120. [/] State the total value of the portfolio securities on the date of
deposit for the new series included in item 119 ($000's omitted) $ -0-
121. [/] State the number of series for which a current prospectus was in
existence at the end of the period 1
122. [/] State the number of existing series for which additional units were
registered under the Securities Act of 1933 during the current period -0-
</TABLE>
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For period ending 12/31/97
File number 811-07697
<TABLE>
<S> <C> <C>
123. [/] State the total value of the additional units considered in answering item 122 ($000's omitted) $ -0-
124. [/] State the total value of units of prior series that were placed in the portfolios of subsequent
series during the current period (the value of these units is to be measured on the date they
were placed in the subsequent series) ($000's omitted) $ -0-
125. [/] State the total dollar amount of sales loads collected (before
reallowances to other brokers or dealers) by Registrant's principal
underwriter and any underwriter which is an affiliated person of the
principal underwriter during the current period solely from the sale of
units
of all series of Registrant ($000's omitted) $ -0-
126. Of the amount shown in item 125, state the total dollar amount of sales loads collected from
secondary market operations in Registrant's units (include the sales loads, if any, collected
on units of a prior series placed in the portfolio of a subsequent series.) ($000's omitted) $ -0-
127. List opposite the appropriate description below the number of series
whose portfolios are invested primarily (based upon a percentage of
NAV) in each type of security shown, the aggregate total assets at
market value as of a date at or near the end of the current period of
each such group of series and the total income distributions made by
each such group of series during the current period (excluding
distributions of realized gains, if any):
</TABLE>
<TABLE>
<CAPTION>
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
--------- ------- ---------------
<S> <C> <C> <C>
A. U.S. Treasury direct issue $ $
------------- ------------- --------------
B. U.S. Government agency $ $
------------- ------------- --------------
C. State and municipal tax-free $ $
------------- ------------- --------------
D. Public utility debt $ $
------------- ------------- --------------
E. Brokers or dealers debt or debt of
brokers' or dealers' parent $ $
------------- ------------- --------------
F. All other corporate intermed. & long-
term debt $ $
------------- ------------- --------------
G. All other corporate short-term debt $ $
------------- ------------- --------------
H. Equity securities of brokers or dealers
or parents of brokers or dealers $ $
------------- ------------- --------------
I. Investment company equity securities $ -0- $
------------- ------------- --------------
J. All other equity securities $ $
------------- ------------- --------------
K. Other securities $ $
------------- ------------- --------------
L. Total assets of all series of registrant $ -0- $
------------- ------------- --------------
</TABLE>
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For period ending 12/31/97
File number 811-07697
<TABLE>
<S> <C> <C>
128. [/] Is the timely payment of principal and interest on any of the portfolio
securities held by any of Registrant's series at the end of the current
period insured or guaranteed by an entity other than the issuer? (Y/N) N
___
[If answer is "N" (No), go to item 131.] Y/N
129. [/] Is the issuer of any instrument covered in item 128 delinquent or
in default as to payment of principal or interest at the end of the
current period? (Y/N) [If answer is "N" (No), go to item 131.] Y/N
130. [/] In computations of NAV or offering price per unit, is any part of the
value attributed to instruments identified in item 129 derived from
insurance or guarantees? (Y/N) Y/N
131. Total expenses incurred by all series of Registrant during the
current reporting period ($000's omitted) $ -0-
132. [/] List the "811" (Investment Company Act of 1940) registration
number for all Series of Registrant that are being included in this filing:
</TABLE>
<TABLE>
<S> <C> <C> <C> <C>
811- 7697 811- 811- 811- 811-
------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
811- 811- 811- 811- 811-
-------- --------- --------- --------- --------
</TABLE>
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SIGNATURE PAGE
For period ending 12/31/97
File number 811-07697
This report is signed on behalf of the Registrant, New York Life
Insurance and Annuity Corporation Corporate Sponsored Variable Universal Life
Separate Account -- I, in the City of New York, in the State of New York, on the
20th day of February, 1998.
New York Life Insurance and Annuity
Corporation Corporate Sponsored Variable
Universal Life Separate Account -- I
By: /s/ John A. Cullen
-------------------------------------------
John A. Cullen
Vice President and Assistant Controller
Witness:
/s/ Mindy Schwartzapfel
-----------------------
Mindy Schwartzapfel
Director - Accounting
