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Rule 424 (b) (2)
File Nos. 333-2297
Pricing Supplement No. 122 Dated June 27, 1996
(To Prospectus dated May 14, 1996 and Prospectus Supplement dated
June 14, 1996).
$1,550,000,000
CORESTATES CAPITAL CORP
Senior Medium-Term Floating Rate Notes Due
Nine Months or More From Date of Issue
Unconditionally Guaranteed as to Payment of Principal, Premium,
if any, and Interest by
CORESTATES FINANCIAL CORP
Cusip: 21869EFD2
Principal Amount: $ 25,000,000.00
Settlement Date: 07/01/96
Base Rate: LIBOR (TELERATE PG. 3750)
Index Maturity: 1 MONTH LIBOR
Initial Interest Rate: 5.5625% (5.5% TELERATE PG. 3750
6/27/96)
Spread or Spread Multiplier, if applicable: 6.25 BPS.
Interest Rate Reset Dates: ON THE FIRST OF EACH MONTH
Interest Payment Dates: ON THE FIRST OF EACH MONTH AND
AT MATURITY
First Coupon: 08/01/96
Day Count: ACT/360
Stated Maturity Date: 07/01/99
Maximum Interest Rate, if any:
Minimum Interest Rate, if any:
Alternate Rate Event Spread, if any:
Initial Redemption Date, if any:
Initial Redemption Percentage, if any:
Annual Redemption Percentage Reduction, if any:
Optional Repayment Dates, if any:
