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Pricing Supplement No. 2 Dated June 5, 1998 Filed Pursuant to: Rule 424(b)(3)
(To Prospectus dated October 30, 1997 and File No. 333-38387
Prospectus Supplement dated November 17, 1997)
BANC ONE CORPORATION
MEDIUM-TERM NOTES
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
This document (the "Pricing Supplement") is issued to give details of an issue
by BANC ONE CORPORATION (the "Company") of its Medium-Term Notes.
This Pricing Supplement relating to $250,000,000 of the Company's Floating Rate
Senior Medium-Term Notes due June 14, 1999 (the "Notes") supplements the terms
and conditions in, and incorporates by reference, the Prospectus dated October
30, 1997 and the Prospectus Supplement dated November 17, 1997 relating to up to
$4,000,000,000 of the Company's Medium-Term Notes, and all documents
incorporated by reference therein (together, the "Prospectus"), and should be
read in conjunction with the Prospectus. Unless otherwise defined in this
Pricing Supplement, terms used herein have the same meaning as in the
Prospectus.
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DESCRIPTION OF THE NOTES
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Date of Issue: 06/10/1998 [X]Senior [ ]Fixed Rate Note [ ]LIBOR Reuters
Maturity Date: 06/14/1999 [ ]Subordinated [ ]CD Rate Note [ ]LIBOR Telerate
CUSIP: 05943FAR6 [ ]Commercial Paper Rate Note [ ]Prime Rate Note
[X]Federal Funds Rate Note [ ]Treasury Rate Note
[ ]LIBOR Note [ ]CMT Rate Note
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Principal Amount: $250,000,000
Issue Price (as a percentage of Principal Amount): 100.00%
Commission or discount (as a percentage of Principal Amount): 0.0%
Specified Currency: U.S. Dollars
Base Rate: Federal Funds Rate
Initial Interest Rate: 5.63%
Interest Payment Dates: Each March 14, June 14, September 14 and December 14,
commencing September 14, 1998 and ending June 14, 1999. Contrary to the
statements in the Prospectus Supplement under the caption "Description of
Notes -- Payment of Principal and Interest", interest payments on the Notes on
an Interest Payment Date shall include accrued interest from and including the
next preceding Interest Payment Date in respect of which interest has been
paid or duly provided for (or from and including the date of issue if no
interest has been paid) to, but excluding, such Interest Payment Date or the
Maturity Date, as the case may be.
Regular Record Dates: Fifteenth calendar day, whether or not a Business Day,
immediately preceding the related Interest Payment Date.
Index Maturity: 1 week
Index Currency: U.S. Dollars
Designated CMT Telerate Page: None
Designated CMT Maturity Index: None
Spread: Plus 3.0 basis points
Spread Multiplier: None
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Minimum Interest Rate: None
Maximum Interest Rate: None
Interest Payment Period: Quarterly
Interest Reset Period: Weekly
Interest Reset Dates: Tuesday of each week.
Interest Determination Dates: Monday of each week.
Initial Redemption Date: None
Initial Redemption Percentage: None
Annual Redemption Percentage Reduction: None
Optional Repayment Date(s): None
Calculation Agent (If Applicable): The Chase Manhattan Bank
PLAN OF DISTRIBUTION
The Notes will be sold to Merrill Lynch & Co. at the Issue Price set forth above
for resale to one or more investors at varying prices related to prevailing
market prices at the time of resale.
This Pricing Supplement may be used by Banc One Capital Corporation ("BOCC"), a
wholly owned subsidiary of the Company, in connection with offers and sales
related to secondary market transactions in the Notes. BOCC may act as principal
or agent in such transactions. Such sales will be made at prices related to
prevailing market prices at the time of sale.
