GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-06-29
PERSONAL CREDIT INSTITUTIONS
Previous: GENERAL ELECTRIC CAPITAL CORP, 424B3, 1994-06-29
Next: GENERAL MOTORS CORP, 11-K, 1994-06-29



Pricing Supplement Dated June 27, 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:                    CS First Boston
Principal Amount:         $100,000,000
Agent's Discount
  or Commission:          $175,000
Net Proceeds to Company:  $99,825,000
Initial Interest Rate:    Determined as if Issue Date were an Interest
                          Reset Date.
Issue Date:               7/5/94
Maturity Date:            7/5/96
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
  /X/  Regular Floating Rate Note
  

  Interest Rate Basis:    / / CD Rate        / / Commercial Paper Rate
                          / / Prime Rate            / / Federal Funds Rate
                          /X/ LIBOR (see below)     / / Treasury Rate
                          / / Other   
                                (see attached)          
                                                      

  If LIBOR, Designated LIBOR Page / / Reuters Page: / / or 
     /X/ Telerate Page: 3750
              

Interest Reset Dates:     Each January 5, April 5, July 5, October 5, 
                          commencing July 5, 1994 and ending April 5, 1996
Interest Payment Dates:   Each January 5, April 5, July 5, October 5, commencing
                          October 5, 1994 and ending July 5, 1996.
Index Maturity:           3 Months
Spread (+/-):             +.20%

Day Count Convention:
  /X/ Actual/360 for the period from  7/5/94 to 7/5/96   
  / / Actual/Actual for the period from  / /   to  / /  
  / / 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


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission