GENERAL MOTORS ACCEPTANCE CORP
424B3, 1994-08-30
PERSONAL CREDIT INSTITUTIONS
Previous: FIDELITY MUNICIPAL TRUST, NSAR-A/A, 1994-08-30
Next: GENERAL MOTORS CORP, 8-K, 1994-08-30



Pricing Supplement Dated August 26, 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:                    Salomon 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:               9/2/94
Maturity Date:            9/3/96
____________________________________________________________________________

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 March 3, June 3, September 3, December 3,
                          however, the First Interest Reset Date will be
                          September 2, 1994.  The Final Interest Reset Date is
                          June 3, 1996.
Interest Payment Dates:   Each March 3, June 3, September 3, December 3,
                          however, the First Interest Payment Date will be
                          December 5, 1994.  The Final Interest Payment Date is
                          September 3, 1996.
Index Maturity:           3 Months
Spread (+/-):             +.15%

Day Count Convention:
  /X/ Actual/360 for the period from  9/2/94 to 9/3/96  
  / / 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