GENERAL MOTORS ACCEPTANCE CORP
424B3, 1999-03-31
PERSONAL CREDIT INSTITUTIONS
Previous: GENERAL MOTORS ACCEPTANCE CORP, 424B3, 1999-03-31
Next: GPU INC /PA/, 10-K, 1999-03-31



Pricing Supplement Dated March 26, 1999                         Rule 424(b)(3)
(To Prospectus Dated July 29, 1998)                        File No. 333-59551

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                       Bear Stearns, Morgan Stanley, and Warburg Dillon 
Read
Principal Amount:            $70,000,000.00
Agent's Discount
  or Commission:             $66,122.00
Net Proceeds to Company:     $69,933,878.00
Initial Interest Rate:       Reset on the Issue Date (also an Interest
                             Reset Date).
Issue Date:                  03/30/99
Maturity Date:               03/30/01
____________________________________________________________________________
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 30, June 30, September 30, and December 30. 
                        The first interest reset date will be March 30, 1999. 
 
                        The final reset date will be December 30, 2000.
Interest Payment Dates: Each March 30, June 30, September 30, and December 30
                        commencing June 30, 1999 and ending March 30, 2001.
Index Maturity:         3 Months
Spread (+/-):           +.09%

Day Count Convention:
      /X/ Actual/360 for the period from 03/30/99 to 03/30/01  
      / / 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. (See Below)
      / / 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
Other: /X/  Principal               / /  Agent

 

 
 



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