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Rule 424(b)(2)
Registration No. 333-45211
PRICING SUPPLEMENT NO. 26 DATED: 11-23-99
(To Prospectus Dated February 17, 1998 as supplemented
by Prospectus Supplement Dated March 30, 1998,
as supplemented by a Supplement dated May 21, 1999)
U.S. BANCORP
Medium-Term Notes, Series J (Senior)
Medium-Term Notes, Series K (Subordinated)
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CUSIP: 91159H FE5 Issue Price (Dollar Amount and Percentage of Principal Amount):
$200,000,000.00/99.659%
Series: Proceeds to the Company: $199,318,000
[X] Series J (Senior) Interest Rate/Initial Interest Rate: 6.875%
[_] Series K (Subordinated)
Interest Payment Dates: Each June & December 1
Form of Note:
Regular Record Dates: 15 calendar days prior
[X] Book-Entry
[_] Certificated Interest Determination Dates: --
Principal Amount: $200,000,000.00 Interest Reset Dates: --
Trade Date: 11-23-99 Index Source: --
Original Issue Date: 12-01-99 Index Maturity: --
Maturity Date: 12-01-04 Spread: --
Interest Rate Basis (and, Spread Multiplier: --
if applicable, related
Interest Periods): Maximum Interest Rate: --
[X] Fixed Rate Notes Minimum Interest Rate: --
[_] Commercial Paper Rate Note
[_] Federal Funds Rate Note Day Count: 30/360
[_] LIBOR Note
[_] Prime Rate Note For Original Issue Discount Notes:
[_] Eleventh District Cost
of Funds Rate Note Original Issue Discount: -- %
[_] CD Rate Note
[_] Treasury Rate Note Yield to Maturity: -- %
[_] J.J. Kenny Rate Note
[_] CMT Rate Note
[_] Other Base Rate
(as described below)
[_] Zero Coupon Note
Redemption Terms:
Original Issue Discount Notes:
Other Terms:
For Federal income tax purposes only. [_] Subject to special provisions set forth therein
with respect to the principal amount thereof
Agent: Lehman Brothers payable upon any redemption or acceleration of
All-in=6.957% the maturity thereof.
Commission= $
DTC #074
/s/ BRETT BOUSHELE
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