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FILE NO. 33-38879
RULE 424(B)(3)
PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED SEPTEMBER 1, 1995)
(TO PROSPECTUS SUPPLEMENT DATED SEPTEMBER 1, 1995)
PROSPECTUS NUMBER: 1321
MERRILL LYNCH & CO., INC.
MEDIUM-TERM NOTES, SERIES B
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
FIXED RATE NOTES
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PRINCIPAL AMOUNT: $25,000,000.00
TRADE DATE: January 30, 1996
ORIGINAL ISSUE DATE: February 15, 1996
MATURITY DATE: February 15, 2011
INTEREST RATE: 6.70%
INTEREST PAYMENT DATES: 15th day of each month, commencing March 15, 1996 through the
Maturity Date, subject to following business day convention.
OPTIONAL REPAYMENT DATES: See Comments.
INITIAL REDEMPTION DATE: February 15, 2000
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Notwithstanding the provisions contained in the Prospectus Supplement dated
March 29, 1994 attached hereto, interest rates offered by the Company with
respect to the Notes may differ, among other reasons, depending upon the
aggregate principal amount of Notes purchased in any single transaction. Merrill
Lynch & Co., Inc. (the "Company") expects generally to distinguish, with respect
to these offered rates, between purchases which are for less than, and purchases
which are equal to or greater than, $1,000,000. These different rates may be
offered concurrently at any time. The Company may also concurrently offer Notes
having different variable terms (as are described herein or in any Prospectus
Supplement) to different investors, and these different offers may depend upon
whether an offered purchase is for an aggregate principal amount of Notes equal
to or greater than, or for an amount less than $1,000,000.
COMMENTS: The Notes will be subject to redemption at the option of the
Company, in whole, on the Interest Payment Date occurring in
February 15, 2000 and each Interest Payment Date occurring in
August or February thereafter at a redemption price equal to
100% of the principal amount of the Notes upon at least 30 days
prior notice.
The notes will be issued in denominations of $1,000 and
integral multiples of $1,000.
On April 24, 1995, the Company increased to $11,150,000,000 the aggregate
principal amount of Medium- Term Notes, Series B authorized to be issued
pursuant to the attached Prospectus Supplement and supplements related thereto.
Such amount represents an increased authorization of $2,500,000,000. As of March
31, 1995, the Company had issued and outstanding Notes in an aggregate principal
amount of approximately $5,566,708,000.
The date of this Prospectus Supplement: January 30, 1996
