GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-05-16
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated May 12, 1994                       Rule 424(b)(3)
(To Prospectus Dated December 15, 1993)                     File No. 33-51381 
                   GENERAL MOTORS ACCEPTANCE CORPORATION
                     Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                    Bear, Stearns & Co. Inc.
Principal Amount:             $50,000,000
Agent's Discount
  or Commission:              $87,500
Net Proceeds to Company:  $49,912,500 
Initial Interest Rate:        Determined as if Issue Date were an Interest
                              Reset Date.
Issue Date:                   5/20/94
Maturity Date:                5/20/96
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
  /X/  Regular Floating Rate Note

  Interest Rate Basis:    / / CD Rate        / / Commercial Paper Rate
                          / / Prime Rate            / / Federal Funds Rate
                          / / LIBOR          /X/ Treasury Rate-The Bond 
                          / / Other                 equivalent yield of   
                                                   the
                              (See attached)             rate for the most
                                                    recent auction of US
                                                    T-BILLS having a
                                                    maturity of 3 months 
                                                   as
                                                    displayed on Telerate
                                                    Page 56

  If TREASURY BILL, Designated TREASURY BILL Page /X/ Telerate Page: 56

Interest Reset Dates:     Tuesday of each week, however, the first interest
                          Reset in May 1994 will be Friday May 20.  The final
                          Interest Reset Date will be Tuesday May 14, 1996.
Interest Payment Dates:   Each February 22, May 22, August 22, November 22,
                          commencing August 22, 1994.  The final Interest
                          Payment Date will be May 20, 1996.
Index Maturity:           3 Months
Spread (+/-):       +.45%

Day Count Convention:
  / / Actual/360 for the period from / /  to  / /   
  /X/ Actual/Actual for the period from 5/20/94  to 5/20/96  
  / / 30/360 for the period from  / /   to  / /  

Redemption:
  /X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
  / / The Notes may be redeemed prior to Stated Maturity Date.
  / / Initial Redemption Date:
      Initial Redemption Percentage: ___%
      Annual Redemption Percentage Reduction:  ___% until Redemption
      Percentage is 100% of the Principal Amount.

Repayment:
  /X/ The Notes cannot be repaid prior to the Maturity Date.
  / / The Notes can be repaid prior to the Maturity Date at the option of
           the holder of the Notes.
  / / Optional Repayment Date(s):
           Repayment Price:    %

Currency:
  Specified Currency: U.S. (If other than U.S. dollars, see attached)
  Minimum Denominations: ___________ (Applicable only if Specified
  Currency is other than U.S. dollars)

Original Issue Discount:  / / Yes /X/ No
  Total Amount of OID:            Yield to Maturity:
  Initial Accrual Period:

Form:  /X/  Book-Entry            / /  Certificated


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