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Previous: MUNICIPAL FUND FOR TEMPORARY INVESTMENT, N-30D, 1996-07-17 |
Next: DANAHER CORP /DE/, S-8, 1996-07-17 |
<PAGE>
SUPPLEMENT DATED JULY 17, 1996 TO PROSPECTUS DATED SEPTEMBER 14, 1995
WALNUT EQUIPMENT LEASING CO., INC.
SENIOR THRIFT CERTIFICATES
Rates Effective Thursday July 11, 1996 Interest Annualized
Rate Effective
Yield *
Demand Senior Thrift Certificates 9.00% 9.38%
- ---------------------------------
Fixed Term Senior Thrift Certificates
- -------------------------------------
For Periods of:
6-11 Months 9.65% 10.09%
12-23 Months 9.80% 10.25%
24-29 Months 10.00% 10.47%
30-35 Months 10.20% 10.69%
36-47 Months 10.30% 10.80%
48-59 Months 10.30% 10.80%
60-71 Months 10.50% 11.02%
72-83 Months 10.50% 11.02%
84-95 Months 10.55% 11.08%
96-107 Months 10.65% 11.19%
108-119 Months 10.75% 11.30%
120 Months 11.00% 11.57%
* The effective annual yields are based on the interest rates listed. They
are effective beginning July 11, 1996 and assume the reinvestment of principal
and interest at the same rate at maturity for demand and fixed term
certificates of one year or less. Fixed term rates are subject to change at
renewal. This should not be considered a representation of future rates. This
is not a money market fund. This is neither an offer to sell nor a
solicitation of an offer to buy these securities. This offer can only be made
through the prospectus, a copy of which is attached to this prospectus
supplement.
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