MERRILL LYNCH & CO INC
424B3, 1996-12-09
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                                                               FILE NO. 33-65135
                                                                  RULE 424(B)(3)
 
                             PROSPECTUS SUPPLEMENT
                      (TO PROSPECTUS DATED APRIL 4, 1996)
                (TO PROSPECTUS SUPPLEMENT DATED APRIL 10, 1996)
 
                                     PROSPECTUS NUMBER: 1425
                                     DATED: DECEMBER 5, 1996
 
 
                           MERRILL LYNCH & CO., INC.
                          MEDIUM-TERM NOTES, SERIES B
                   DUE NINE MONTHS OR MORE FROM DATE OF ISSUE
                              FLOATING RATE NOTES
 
<TABLE>
<CAPTION>
 
<S>                       <C>
 
BASE RATE:                LIBOR
 
 
INDEX MATURITY:           3 Month
 
 
TRADE DATE:               December 5, 1996
 
 
SETTLEMENT DATE:          December 10, 1996
 
 
MATURITY DATE:            December 10, 1998
 
 
REDEMPTION DATE:          N/A
 
 
OPTIONAL REPAYMENT DATES: N/A
 
 
SPREAD:                   0.010%
                          (plus one bps)
 
 
SPREAD MULTIPLIER:        N/A
 
 
MAXIMUM INTEREST RATE:    N/A
 
 
MINIMUM INTEREST RATE:    N/A
 
 
INTEREST RESET DATES:     Quarterly, using two business days prior.
 
 
INTEREST PAYMENT DATES:   The 10th of March, June, September and December commencing March
                          1997 through Maturity, subject to Modified Following Business Day
                          Convention.
 
 
INITIAL INTEREST RATE:    5.55688%
 
 
FORM:                     Book-entry
 
 
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