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Pricing Supplement, dated April 17, 1996
to Prospectus dated September 27, 1995 and
Prospectus Supplement dated October 6, 1995
BANPONCE CORPORATION
MEDIUM-TERM SERIES 2
Due From Nine Months to 30 Years From Date of Issue
Payment of Principal, Premium, if any, and Interest
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PRINCIPAL AMOUNT. . . . . . . . . . . . . . . . . . . . . . U.S. $30,000,000.00
ORIGINAL ISSUE DATE . . . . . . . . . . . . . . . . . . . . April 22, 1996
MATURITY DATE . . . . . . . . . . . . . . . . . . . . . . April 22, 1999
GLOBAL NOTE . . . . . . . . . . . . . . . . . . . . . . . . Yes
INITIAL INTEREST RATE . . . . . . . . . . . . . . . . . . . 6.56%
INTEREST RATE BASIS . . . . . . . . . . . . . . . . . . . . Fixed
INDEX MATURITY . . . . . . . . . . . . . . . . . . . . . . N/A
SPREAD . . . . . . . . . . . . . . . . . . . . . . . . . . N/A
INTEREST RATE RESET PERIOD. . . . . . . . . . . . . . . . . N/A
INTEREST PAYMENT PERIOD . . . . . . . . . . . . . . . . . . Semi-Annually:
June 15 and December 15.
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The proceeds from the issuance of the Note to which this Pricing Supplement
relates will be used to finance BanPonce Corporation subsidiaries.
