GENERAL MOTORS ACCEPTANCE CORP
424B3, 1999-04-30
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated April 29, 1999                         Rule 424(b)(3)
(To Prospectus Dated April 22, 1999)                        File No. 333-76483

                   GENERAL MOTORS ACCEPTANCE CORPORATION
                      Medium-Term Notes - Fixed Rate
____________________________________________________________________________
Agent:                      Merrill Lynch and Salomon Smith Barney
Principal Amount:           $100,000,000.00
Agent's Discount
  or Commission:            $250,000.00
Net Proceeds to Company:    $99,750,000.00  
Interest Rate:              5.60% per annum
Issue Date:                 04/30/99 
Maturity Date:              04/30/02
Interest Payment Dates:     The 1st day of each April and October and at
                            Maturity, commencing  October 1, 1999 and  
                            ending on the Maturity Date.
____________________________________________________________________________

Calculation Agent:  GMAC

Interest Calculation:
      /X/  Regular Fixed Rate Note

Day Count Convention:
      / / Actual/360 for the period from   /  /   to  /  /     
      / / Actual/Actual for the period from  / /   to  / /  
      /X/ 30/360 for the period from 04/30/99 to 04/30/02

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

 

 
 



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