Rule 424(b)(3)
File No. 33-45490
File No. 33-45490-01
PRICING SUPPLEMENT NO. 71D DATED August 12, 1996
(To Prospectus Dated August 12, 1992, as supplemented by the Prospectus
Supplement Dated August 19, 1992)
SOUTHWESTERN BELL CAPITAL CORPORATION
Medium-Term Notes, Series D
Due From 9 months to 30 Years From Date of Issue
Fixed Rate Note
Trade Date: 8/9/1996 Interest Rate Per 7.10%
Annum:
Settlement 8/14/1996 Stated Maturity 8/14/2006
Date: Date:
Issue Price (expressed as a percentage of the Principal Amount, before
Agent's discount): 100.00%
Agent's commission or discount from Issue Price (expressed as a
percentage of the Issue Price): .625%
Regular Interest Payment Dates: March 1 and September 1
Form of Note: Book Entry Depository: DTC
Principal amount offered to or through each Agent:
$10,000,000 Salomon Brothers Inc, X agent principal
acting as:
$10,000,000 CS First Boston X agent principal
Corporation, acting as:
Merrill Lynch & Co., agent principal
acting as:
If acting as principal, the Agents propose to resell the Notes at
varying prices related to prevailing market prices at the time of
resale, as determined by each Agent. Each Agent will be committed to
take and pay for its respective principal amount of the Notes if any
are taken by such Agent.
Redemption:
X The Notes are not redeemable prior to the Maturity
Date.
The Notes are redeemable prior to the Maturity
Date at the option
of the Company on and after ____________ at par.
