CHASE MANHATTAN CORP /DE/
424B2, 1998-01-16
NATIONAL COMMERCIAL BANKS
Previous: CHASE MANHATTAN CORP /DE/, 424B2, 1998-01-16
Next: CHASE MANHATTAN CORP /DE/, 424B2, 1998-01-16



Pricing Supplement No.16L  Dated January 14, 1998     Rule 424(b)(2)
(To Prospectus dated June 9, 1997 and             File No's. 33-64261
Prospectus Supplement dated June 12, 1997)             and   33-49965 

THE CHASE MANHATTAN CORPORATION


[X]	Senior Medium -Term Notes, Series C  Due From Nine
	Months to Thirty Years from Date of Issue

[  ]	Subordinated Medium Term Notes , Series A Due From
	Nine Months to Thirty Years from Date of Issue

	Principal Amount: $15,000,000
	Issue Price: 100%
	Commission or Discount:$6,510.00 
	Proceeds to Company:  $14,993,490.00
	Agent:CHASE SECURITIES INC.  

	Agent's Capacity:  [X]     As agent    [ ]  As principal
	
	If as principal
		[ ]   The Notes are being offered at varying prices to 
		        prevailing market prices at the time of sale

		[ ]   The Notes are being offered at a fixed initial public
		        offering price equal to the Issue Price (as a 
		        percentage of Principal Amount).

	Original Issue Date: JANUARY 20, 1998	
	Stated Maturity:	   	JANUARY 21, 2003
	
	Form:  [X]   Book-entry [  ]   Certificated
	Currency:   U.S. Dollars

[ ]	Fixed Rate Note:
   	 

[X]Floating Rate Note:   CD[   ]   Commercial Paper Rate [   ]
			     Federal Fund Effective Rate [  ] CMT [ ]
			     LIBOR Telerate [X]  LIBOR Reuter [  ]
			     Treasury Rate [ ]     Prime Rate   [  ]

	Initial Interest Rate: 5.73375%           
 
	Int.Determ.Dates :2 LONDON BUSINESS DAYS PRIOR TO EACH INTEREST
                   RESET DATES

	Interest Payment Dates:20TH OF EACH MONTH
       
 
	Index Maturity:1 MTH LIBOR                     	 
	Spread (+/-):+14BP  
 Spread Multiplier:
 Maximum Interest Rate:
	Minimum Interest Rate:	
	Optional Redemption  :   Yes [ ]       No  [  ]
	    


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission