Filed Pursuant to Rule 424(b)(2) and (3)
Registration File No 333-32311
PRICING SUPPLEMENT NO. 5
Dated March 11, 1999 to
Prospectus dated August 4, 1997.
BALTIMORE GAS AND ELECTRIC COMPANY
Medium-Term Notes, Series G
Principal Amount: $60,000,000
Original Issue Date: March 16, 1999
Stated Maturity: March 14, 2001
Price to Public: $60,000,000
Agent: Lehman Brothers Inc.
Agent's Commission: $135,000
Net Proceeds to Company: $59,865,000
CUSIP: 05916M AP 8
Floating Rate Note Interest Rate Information:
Initial Interest Rate: To be set March 12, 1999
Initial Interest Period: March 16, 1999 to June 16, 1999
Interest Rate Index: LIBOR
Index Maturity: 3 Months
Spread: Plus 0.02%
Maximum Interest Rate: None
Minimum Interest Rate: None
Interest Reset Dates and Quarterly as follows:
Interest Payment Dates: 6/16/99, 9/15/99, 12/15/99
3/15/2000, 6/14/2000, 9/14/2000
12/14/2000 and 3/14/2001
Interest Determination Second Business Day preceding
Date and Calculation Date: the Interest Reset Date
<PAGE>
Filed Pursuant to Rule 424(b)(2) and (3)
Registration File No 333-32311
PRICING SUPPLEMENT NO. 5
Dated March 11, 1999 to
Prospectus dated August 4, 1997.
BALTIMORE GAS AND ELECTRIC COMPANY
Medium-Term Notes, Series G
(Continued)
Calculation Agent: The Bank of New York
Record Dates: 15 calendar days prior to each
Interest Payment Date
We registered a total of $200,000,000 worth of Notes. We have issued
$200,000,000, including this $60,000,000. This completes the sale of Medium-Term
Notes, Series G.
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