Filed Under Rule 424(b)(2)
Registration File No 333-19263
PRICING SUPPLEMENT NO. 3
Dated June 11, 1997 to
Prospectus dated January 6, 1997.
BALTIMORE GAS AND ELECTRIC COMPANY
$200,000,000
Medium-Term Notes, Series E
Due from 1 year to 30 years from Date of Issue
(Interest Payable May 1 and November 1)
Principal
Amount: $25,000,000
Interest
Rate: 6.75%
Original
Issue Date: 6/12/97
Stated
Maturity: 6/12/2012
Repurchase Dates at the
Option of the Holder: 6/12/2004 @ 100%
6/12/2007 @ 100%
Price
to Public: $25,000,000
Agent's
Commission: $137,500
Net Proceeds
to Company: $24,862,500
This Pricing Supplement relates to our original issuance and
sale of the Medium-Term Notes, Series E through Lehman Brothers
or Goldman, Sachs & Co., as agents.
We may issue Medium-Term Notes, Series E under Registration
Statement No. 333-19263 in an aggregate principal amount of up to
$200,000,000. To date, including this offering, we have issued
$85,000,000 aggregate principal amount of those Notes.
<PAGE>
Filed Under Rule 424(b)(2)
Registration File No 333-19263
PRICING SUPPLEMENT NO. 4
Dated June 11, 1997 to
Prospectus dated January 6, 1997.
BALTIMORE GAS AND ELECTRIC COMPANY
$200,000,000
Medium-Term Notes, Series E
Due from 1 year to 30 years from Date of Issue
(Interest Payable May 1 and November 1)
Principal
Amount: $25,000,000
Interest
Rate: 6.73%
Original
Issue Date: 6/12/97
Stated
Maturity: 6/12/2012
Repurchase Dates at the
Option of the Holder: 6/12/2004 @ 100%
6/12/2007 @ 100%
Price
to Public: $25,000,000
Agent's
Commission: $137,500
Net Proceeds
to Company: $24,862,500
This Pricing Supplement relates to our original issuance and
sale of the Medium-Term Notes, Series E through Lehman Brothers
or Goldman, Sachs & Co., as agents.
We may issue Medium-Term Notes, Series E under Registration
Statement No. 333-19263 in an aggregate principal amount of up to
$200,000,000. To date, including this offering, we have issued
$110,000,000 aggregate principal amount of those Notes.
