Pricing Supplement No. 4
Dated: March 17, 1995
To Prospectus dated July 11, 1994 and
Prospectus Supplement dated July 11, 1994
For SEC Filing Purposes:
Filed Under Rule 424(b)(3)
Registration No. 33-54369
Principal Amount $12,000,000.00
(CUSIP No. 20564Q AD0)
COMSAT CORPORATION
Medium-Term Notes, Series A
Due Nine Months or More from Date of Issue
Issue Date: March 20, 1995
Stated Maturity: March 20, 2007
____ Zero-Coupon Note(s)
_XX_ Fixed Rate Note(s)
____ Commercial Paper Rate Note(s)
____ Prime Rate Note(s)
____ CD Rate Note(s)
____ Federal Funds Rate Note(s)
____ LIBOR Note(s)
____ Treasury Rate Note(s)
____ Other Interest Rate Basis
Currency or Currency Units (if other than U.S. dollars): N/A
Issue Price (if other than 100%): N/A
Public Offering Price: 100%. Salomon Brothers (DTC No. 274)
has purchased the Notes as principal in this
transaction for resale to one or more investors
at varying prices related to prevailing market
conditions at the time or times of resale as
determined by Salomon Brothers.
Underwriting Discount or Commission received from the Issuer (%): .6%
Proceeds to Company (%): 99.4%
Proceeds to the Company ($): $11,928,000.00
Interest Rate/Initial Interest Rate: 7.92%
Interest Payment Dates: May 1 and November 1
Regular Record Dates: April 15 and October 16
Number of Days to First Interest Payment: 41
Interest Reset Dates: N/A
Interest Payment Period: N/A
Interest Rate Reset Period: N/A
Interest Determination Dates: N/A
Index Maturity: N/A
_X_ Book-Entry Note(s)
___ Certificated Note(s)
Spread: N/A
Spread Multiplier: N/A
Maximum Interest Rate, If any: N/A
Minimum Interest Rate, if any: N/A
Interest Calculation Dates: N/A
Calculation Agent: N/A
Redemption Date(s) (Option of Holder): N/A
Redemption Percentage(s) (Option of Holder) (if other than
100% of Principal Amount): N/A
Redemption Date(s): N/A
Redemption Premium: N/A
Original Issue Discount Security: N/A
___ For Federal Income Tax Purposes
___ Subject to Special Provisions
Issue Date for Calculating OID: N/A
Original Issue Discount: N/A
Original Issue Discount
Applicable to Short Accrual Period: N/A
Computed under (exact__) (approximate__) method
Yield to Maturity: N/A
Default Rate (only applicable if OID Security): N/A
Amortized Face Amount: N/A
Redemption Price: N/A
Other Terms (if applicable): N/A
CS First Boston Corporation
Salomon Brothers, Inc.
NationsBanc Capital Markets, Inc.
