GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-07-14
PERSONAL CREDIT INSTITUTIONS
Previous: GENERAL MOTORS ACCEPTANCE CORP, 424B3, 1994-07-14
Next: HASBRO INC, 8-K, 1994-07-14



Pricing Supplement Dated July 13, 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:                    Lehman Brothers
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:               7/19/94
Maturity Date:            7/19/96
____________________________________________________________________________

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, commencing July 19, 1994 and
                          ending July 16, 1996.
Interest Payment Dates:   Each January 19, April 19, July 19, October 19
                          commencing October 19, 1994 and ending July 19, 1996.
Index Maturity:           3 Months
Spread (+/-):             +.43%

Day Count Convention:
  / / Actual/360 for the period from / /  to  / /   
  /X/ Actual/Actual for the period from 7/19/94 to 7/19/96  
  / / 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


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