GENERAL MOTORS ACCEPTANCE CORP
424B3, 2000-08-29
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement Dated August 23, 2000                     Rule 424(b)(3)
(To Prospectus Dated March 3, 2000)                    File No. 333-31166

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate

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Agent:                       Salomon Smith Barney
Principal Amount:            $500,000,000
Agent's Discount

  or Commission:             $ 0
Net Proceeds to Company:     $500,000,000

Initial Interest Rate:       Reset on the Issue Date (also an Interest
                                  Reset Date).

Issue Date:                  08/25/00
Maturity Date:               08/28/01

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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:   The 28th of each month commencing August 25, 2000 and
ending July 28, 2001.

Interest Payment Dates: The 28th of each month commencing September 28, 2000
and ending  August 28, 2001.

Index Maturity:         1 Month
Spread (+/-):           -0.06%

Day Count Convention:

      /X/ Actual/360 for the period from 08/25/00 to 08/28/01 / /  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.


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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

If as principal:

         /    / The  Notes  are being  offered  at  varying  prices  related  to
              prevailing market prices at the time of resale.

         /x/  The Notes are beings  offered at a fixed initial  public  offering
              price of 100% of principal amount.

If as agent:

         The Notes are being offered at a fixed initial public offering price of
         XX% of principal amount.


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