Pricing Supplement Dated January 18, 1996
(To Prospectus dated September 8, 1995 and
Prospectus Supplement dated September 25, 1995)
The Charles Schwab Corporation
Medium-Term Notes, Series A
(Fixed Rate)
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Trade Date: January 18, 1996 Original Issue Date: January 23, 1996
Principal Amount: $15,000,000 Net Proceeds to Issuer: $14,910,000
Issue Price: 100% Interest Payable: March 1, September 1,
Agent's Discount or Commission: .60% and at maturity
Interest Rate: 6.25% Agent's Capacity: Agent
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Maturity Date: January 23, 2003 x Principal
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Form:
x Book-Entry
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Certificated
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Redemption:
x The Notes cannot be redeemed prior to maturity
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The Notes may be redeemed prior to maturity
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Initial Redemption Date:
Initial Redemption Price:
Annual Redemption Price Reduction:
Repayment:
x The Notes cannot be repaid prior to maturity
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The Notes can be repaid prior to maturity at the option of
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the holder of the note
Repayment Date:
Repayment Price:
Discount Note: Yes x No
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Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Ranking: x Senior Senior Subordinated
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Morgan Stanley & Co.