GENERAL MOTORS ACCEPTANCE CORP
424B3, 2000-12-20
PERSONAL CREDIT INSTITUTIONS
Previous: GENERAL MOTORS ACCEPTANCE CORP, 424B3, 2000-12-20
Next: GENERAL MOTORS ACCEPTANCE CORP, 424B3, 2000-12-20






Pricing Supplement Dated December 18,2000                         Rule 424(b)(3)
(To Prospectus Dated March 3, 2000)                           File No. 333-31166

                     GENERAL MOTORS ACCEPTANCE CORPORATION
                       Medium-Term Notes - Floating Rate
____________________________________________________________________________
Agent:                       Salomon Smith Barney
Principal Amount:            $50,000,000
Agent's Discount
  or Commission:             $26,000.00
Net Proceeds to Company:     $49,974,000.00
Initial Interest Rate:       Reset on the Issue Date (also an Interest
                             Reset Date).
Issue Date:                  12/21/00
Maturity Date:               01/18/02
____________________________________________________________________________

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 18th of each month commencing Jan 18, 2001 and
                        ending Jan 18, 2002.

Interest Payment Dates: The 18th of each month commencing Jan 18, 2001 and
                        ending Jan 18, 2002.

Index Maturity:         1 Month
Spread (+/-):           +.06%

Day Count Convention:
      /X/ Actual/360 for the period from  12/21/00 to 01/18/02
      / / 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

If as principal:
       / /   The Notes are being offered at varying prices related to
             prevailing market prices at the time of sale.
       /X/   The Notes are being 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% od principal amount.



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