HOUSEHOLD FINANCE CORP
424B2, 1994-03-16
PERSONAL CREDIT INSTITUTIONS
Previous: HOUSEHOLD FINANCE CORP, 424B2, 1994-03-16
Next: INGERSOLL RAND CO, DEF 14A, 1994-03-16



                                         Registration No. 33-51451
                                             Rule 424 (b)(2)

PRICING SUPPLEMENT No. 17 Dated March 10, 1994 (To Prospectus dated
December 30, 1993)

                         $2,000,000,000

     H O U S E H O L D  F I N A N C E  C O R P O R A T I O N

                        Medium Term Notes

           Due Nine Months or More from Date of Issue
                 ______________________________

Principal Amount: $25,000,000 

Price to Public:  100%             Proceeds to HFC:  99.95%
 
Stated Maturity: March 17, 1995

Maximum Rate:  Not Applicable    Minimum Rate:  Not Applicable

Redeemable On:  Not Applicable

Initial Interest Rate:  To be determined on April 14, 1994.

Interest Rate Basis:  Federal Funds Rate 

Spread or Spread Multiplier:  Plus 0.20% (+20 basis points).

Interest Payment Dates:   On the 17th of each month, and on the 
     Stated Maturity, provided that if the 17th of any month is not
     a Business Day, then the Interest Payment Date shall be the
     next succeeding Business Day.    

Record Dates:  The date fifteen (15) calendar days (whether or not
     a Business Day) prior to each Interest Payment Date or the
     Stated Maturity, as the case may be.

Interest Reset Date:  Each Business Day, to but excluding the 
     Stated Maturity, except that the Interest Rate in effect two
     Business Days before an Interest Payment Date or the Stated
     Maturity shall be the Interest Rate to, but excluding, said
     Interest Payment Date or Stated Maturity Date, as applicable.

Interest Determination Date:  The Business Day preceding each
     Interest Reset Date. 

Index Maturity:  One Business Day.

Calculation Agent:  UBS Securities Inc.

Agent's Discount or Commission:  .05%



SPECIAL PROVISIONS


Nothwithstanding the Prospectus, interest shall be calculated and
paid up to, but not including, the Interest Payment Date or the
Stated Maturity, as the case may be.

The interest rate to be paid on each Interest Payment Date will be
the daily weighted average of the Federal Funds Rate.

u:\law\tr\mtn\pds-supp.017   


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