HOUSEHOLD FINANCE CORP
424B2, 1997-03-14
PERSONAL CREDIT INSTITUTIONS
Previous: HOUSEHOLD FINANCE CORP, 424B2, 1997-03-14
Next: IDAHO POWER CO, 10-K405, 1997-03-14



                                                                 
                                                                 
                                        Registration No. 333-02161
                                                   Rule 424(b)(2)

 
PRICING SUPPLEMENT No.  59 Dated  March 13, 1997 (To Prospectus
dated April 10, 1996)

                         $3,000,000,000
                 HOUSEHOLD  FINANCE  CORPORATION
                        Medium Term Notes
           Due Nine Months or More from Date of Issue


Principal Amount:   $50,000,000

Price to Public:    100%        

Proceeds to HFC:     99.961%

Issue Date:         March 18, 1997  

Stated Maturity:    March 18, 1998 

Redeemable On or After:  Not Applicable

Initial Interest Rate:   To be determined on March 14, 1997.

Interest Rate Basis:     LIBOR Telerate

Spread or Spread Multiplier:  Minus -0.05%  (- 5 basis points)

Interest Payment Dates:  On the 18th of March, June, September and
     December, commencing June 18, 1997, and the Stated Maturity. 
     If said day is not a Business Day, payments shall be made on
     the next succeeding Business Day.

Regular Record Date:  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:  On each Interest Payment Date.

Interest Determination Date:  On the second Business Day prior to
     each Interest Payment Date.

Index Maturity:  Three months.

Agent:  Morgan Stanley & Co. Incorporated - DTC 0050

Agent's Discount or Commission:  0.039%

U:\law\tr\mtn\supp.59


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