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File No. 70-8743
CERTIFICATE OF NOTIFICATION
(Rule 24)
to the
SECURITIES AND EXCHANGE COMMISSION
by
YANKEE ATOMIC ELECTRIC COMPANY (YANKEE ATOMIC)
It is hereby certified that the transactions detailed below, which were
covered by the Statement on Form U-l as amended and the Order of the
Securities and Exchange Commission dated December 28, 1995 with respect
thereto, have been carried out in accordance with the terms and conditions of
and for the purposes represented in said Statement and Order of the
Commission, as follows:
The maximum concurrent amount of short-term borrowings outstanding during
the quarter and the amount outstanding at the end of the quarter is shown in
Exhibit A.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of
l935, the undersigned company has duly caused this Certificate of Notification
to be signed on its behalf by the undersigned officer thereunto duly
authorized.
YANKEE ATOMIC ELECTRIC COMPANY
s/Thomas Bennet
Thomas Bennet, Jr.
Vice President and Treasurer
Date: May 13, 1997
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EXHIBIT INDEX
Exhibit No. Description Page
- ----------- ----------- ----
A Borrowing Log Filed herewith
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<TABLE>
Exhibit A
YANKEE ATOMIC ELECTRIC COMPANY
BORROWING LOG
<CAPTION>
$000's
Type of Int. Rate Maturity Daily Total $000's Cum
Date Instrument Institution Transaction Nom. Effec. # Days Date (1) Interest Interest Invested Amount
- ---- ---------- ----------- ----------- ---- ------ ------ -------- -------- -------- -------- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Beginning Total @ 12/31/96 $6,775
30-Jan-97 Bank of NY Borrowing 8.25 8.25 55 14-Dec-97 113.01 6,215.55 500
26-Mar-97 Bank of NY Change in
Prime Rate 8.50 8.50 6 14-Dec-97 116.44 698.64 -
-------- ---
Quarterly Total @ 03/31/97 6,914.19 500
Ending Balance Total @ 03/31/97 $7,275
<FN>
(1) Note: Yankee has a $10,000,000 secured credit agreement with The Bank of New York. Yankee can borrow at the
Bank's prime rate until the agreement terminates on December 14, 1997. Yankee can pay down any portion of the
outstanding balance at its discretion.
</FN>
</TABLE>
