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Pricing Supplement No. 23 Dated June 30, 1997 Filed Pursuant to: Rule 424 (b)(3)
(To Prospectus dated February 1, 1996 and File No.: 33-65431
Prospectus Supplement dated March 28, 1996)
FIRST CHICAGO NBD CORPORATION
MEDIUM-TERM NOTES, SERIES G
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Date of Issue: 7/3/97 [ ] Fixed Rate [ ] Commercial Paper Rate Note [ ] LIBOR Reuters
[X] Senior [ ] Federal Funds Rate Note [X] LIBOR Telerate
Maturity Date: 7/3/00 [ ] Subordinated [ ] CD Rate Note [ ] Prime Rate Note
[ ] CMT Rate Note [ ] Treasury Rate Note
[ ] LIBOR Note
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Principal Amount: $50,000,000.00
Issue Price (As a Percentage of Principal Amount): 100%
Interest Rate/Initial Interest Rate: Not available
Interest Payment Dates: 3rd day of January, April, July and October of each
year
Interest Reset Dates: 3rd day of January, April, July and October of each year
Index Maturity: 90 days
Designate CMT Maturity Index:
Spread: +5 basis points
Spread Multiplier: None
Minimum Interest Rate: None
Maximum Interest Rate: None
Interest Payment Period: July 3, 1997 to October 3, 1997 and quarterly
thereafter, up to but excluding the interest payment
date
Interest Rate Reset Period: July 3, 1997 to October 3, 1997 and quarterly
thereafter, up to but excluding the interest
payment date
Redemption Date(s) or Period: None
Optional Repayment Date(s): None
Calculation Agent (If Applicable): The First National Bank of Chicago
Additional Terms:
This Pricing Supplement may be used by First Chicago Capital Markets, Inc.
("FCCM"), a wholly owned subsidiary of the issuer, in connection with offer and
sales related to secondary market transactions in the Notes. FCCM may act as
principal or agent in such transactions. Such sales will be made at prices
related to the prevailing market prices at the time of sale.
