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Rule 424(b)(2)
Registration No. 33-62300
PRICING SUPPLEMENT NO. 1 DATED August 10, 1994
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(To Prospectus Dated August 4, 1994, as supplemented
by Prospectus Supplement Dated August 4, 1994)
HONEYWELL INC.
Medium-Term Notes, Series A
Form of Note:
/X/ Book-Entry
/ / Certificated
Principal Amount: $50,000,000
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Original Issue Date: August 16, 1994
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Maturity Date: August 16, 1999
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Interest Rate Basis (and, if applicable,
related Interest Periods):
/X/ Fixed Rate Note
/ / Commercial Paper Rate Note
/ / Federal Funds Rate Note
/ / LIBOR Note
/ / Prime Rate Note
/ / CD Rate Note
/ / Treasury Rate Note
/ / CMT Rate Note
Designated CMT Telerate Page:_________
Designated CMT Maturity Index:________
/ / Other Base Rate (as described below)
/ / Zero Coupon Note
Redemption Terms:
Repayment Terms:
Calculation Agent:
Other Terms:
Agent: Principal Amount:
Goldman, Sachs & Co. $12,500,000
Chase Securities, Inc. 12,500,000
J.P. Morgan Securities, Inc. 12,500,000
Dillon, Read & Co. Inc. 12,500,000
Issue Price (Dollar Amount and Percentage of Principal)
Amount: $ 50,000,000 / 100 %
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Interest Rate/Initial Interest Rate: 7.46%
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Interest Payment Dates: June 15 and December 15
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Regular Record Dates: June 1 and December 1
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Interest Determination Dates:
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Interest Reset Dates:
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Index Maturity:
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Spread:
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Spread Multiplier:
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Maximum Interest Rate:
---------------------------
Minimum Interest Rate:
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For Original Issue Discount Notes:
Original issue discount:
-----------------------%
Yield to maturity:
-----------------------------%
Original issue discount applicable to short accrual
period:
/ / Appropriate
/ / Exact
Original Issue Discount Notes:
/ / Subject to special provisions set forth therein with
respect to the principal amount thereof payable upon
any redemption or acceleration of the maturity thereof.
/ / For Federal income tax purposes only.
