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Filed Under Rule 424(b)(2)
Registration File No. 333-19263
PRICING SUPPLEMENT NO. 5
Dated July 21, 1997 to
Prospectus dated January 6, 1997.
BALTIMORE GAS AND ELECTRIC COMPANY
Medium-Term Notes, Series E
This Pricing Supplement describes our sale of Notes through
Lehman Brothers, as agent.
Principal
Amount: $25,000,000
Interest
Rate: 6.66%
Original
Issue Date: 7/22/97
Stated
Maturity: 5/01/2006
Price
to Public: $25,000,000
Agent's
Commission: $137,500
Net Proceeds
to Company: $24,862,500
We registered $200 million of Notes. Including the $25
million of Notes described above, we have issued $135 million, so
$65 million remains available for us to issue.
