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Pricing Supplement No. 16 Dated May 12, 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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<S> <C> <C> <C>
Date of Issue: 5/14/97 [ ]Fixed Rate [_]Commercial Paper Rate Note [_]LIBOR Reuters
------------ [X]Senior [_]Federal Funds Rate Note [X]LIBOR Telerate
Maturity Date: 5/15/02 [ ]Subordinated [_]CD Rate Note [_]Prime Rate Note
------------ [_]CMT Rate Note [_]Treasury Rate Note
[_]LIBOR Note
Principal Amount: $25,000,000.00
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Issue Price (As a Percentage of Principal Amount): 100%
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Interest Rate/Initial Interest Rate: Not available
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Interest Payment Dates: 15th day of February, May, August and November of each year
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Interest Reset Dates: 15th day of February, May, August and November of each year
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Index Maturity: 90 days
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Designated CMT Maturity Index:
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Spread: +12.5 basis points
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Spread Multiplier: None
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Minimum Interest Rate: None
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Maximum Interest Rate: None
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Interest Payment Period: May 14, 1997 to August 15, 1997 and quarterly thereafter, up to but excluding
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the interest payment date
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Interest Rate Reset Period: May 14, 1997 to August 15, 1997 and quarterly thereafter, up to but
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excluding the interest payment date
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Redemption Date(s) or Period: None
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Optional Repayment Date(s): None
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Calculation Agent (If Applicable): The First National Bank of Chicago
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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.
