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Rule 424(b)(2)
Registration No. 33-39303
PRICING SUPPLEMENT NO. 9 DATED: 3-29-94
(To Prospectus Dated September 11, 1991, as supplemented
by Prospectus Supplement Dated November 12, 1991)
FIRST BANK SYSTEM, INC.
Medium-Term Notes, Series D
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Face Value/Principal: 30,000,000.00 CUSIP: 31928MAJ4
Proceeds to First Bank System: 29,949,270.00 Issue Price (Dollar Amount and Percentage of Principal Amount):
$30,000,000 / 100%
Date of Original Issue: 4-04-94 Interest Rate/Initial Interest Rate: 3.7375
Maturity Date: 6-19-96 All-in Interest Rate: 3.7375
Calculation Agent: Citibank Interest Payment Dates: Monthly-3rd Wed-beginning 5-18-94
Participant with DTC: J.P. Morgan Securities, Inc. Regular Record Dates: 15th Calendar day before each int. payment
Interest Rate Basis (and, if applicable, Interest Determination Dates: 2 business days prior to reset date
related Interest Periods:
[_] Fixed Rate Notes Interest Reset Dates: Monthly-3rd Wed-beginning 5-18-94
[_] Commercial Paper Rate Note Index Maturity: One month
[_] Federal Funds Rate Note Spread: +.05
[X] LIBOR Note Spread Multiplier:
[_] Prime Rate Note Alternative Rate Event Spread:
[_] Eleventh District Alternative Rate Event Spread Multiplier:
of Funds Rate Note
Maximum Interest Rate:
[_] CD Rate Note
Minimum Interest Rate:
[_] Treasury Rate Notes
Other: Index Source: Telerate pg. 3750
[_] Other Base Rate
(as described below) For Original Issue Discount Notes:
[_] Zero Coupon Note Original Issue Discount: %
Redemption Terms Yield to Maturity: %
Original Issue Discount applicable to
short accrual period: %
Method used to determine yield to maturity
Applicable to short accrual period:
[_] Approximate
[_] Exact
Original Issue Discount Notes:
Other Terms: [_] Subject to special provisions set forth
therein with respect to the principal
Agent's Commission: .1691 amount thereof payable upon any redemption
or acceleration of the maturity thereof.
[_] For Federal income tax purposes only.
Is the record or beneficial owner a California resident?
KDN 3-29-94 [_] Yes [X] No
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