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PRICING SUPPLEMENT NO. 56 Rule 424(b)(3)
DATED: April 17, 1995 File No. 33-55673
(To Prospectus dated October 7, 1994
and Prospectus Supplement dated October 7, 1994)
$3,891,376,750
THE BEAR STEARNS COMPANIES INC.
MEDIUM-TERM NOTES, SERIES B
WITH MINIMUM MATURITY OF NINE MONTHS FROM DATE OF ISSUE
Principal Amount: Floating Rate Notes Book Entry Notes
$10,000,000 [x] [x]
Original Issue Date: Fixed Rate Notes Certificated Notes
04/24/95 [_] [_]
Maturity Date: 12/24/96
Option to Extend Maturity: No [x]
Yes [_] Final Maturity Date:
Optional Optional
Redemption Repayment Repayment
Redeemable On Price(s) Date(s) Price(s)
------------- -------- ------- --------
N/A N/A N/A N/A
Applicable Only to Fixed Rate Notes:
- -----------------------------------
Interest Rate:
Applicable Only to Floating Rate Notes:
- --------------------------------------
Interest Rate Basis: Maximum Interest Rate: N/A
[_] Commercial Paper Rate Minimum Interest Rate: N/A
[_] Federal Funds Rate Interest Reset Date(s): *
[_] Treasury Rate Interest Reset Period: Monthly
[x] LIBOR Interest Payment Date(s): **
[_] Prime Rate Interest Payment Period: Monthly
[_] CMT Rate
Initial Interest Rate: ***
Index Maturity: One Month
Spread (plus or minus): +.25%
- -------------------------
* 05/24/95, 06/26/95, 07/24/95, 08/24/95, 09/25/95, 10/24/95, 11/24/95,
12/26/95, 01/24/96, 02/26/96, 03/25/96, 04/24/96, 05/24/96, 06/24/96,
07/24/96, 08/26/96, 09/24/96, 10/24/96 and 11/25/96.
** 05/24/95, 06/26/95, 07/24/95, 08/24/95, 09/25/95, 10/24/95, 11/24/95,
12/26/95, 01/24/96, 02/26/96, 03/25/96, 04/24/96, 05/24/96, 06/24/96,
07/24/96, 08/26/96, 09/24/96, 10/24/96, 11/25/96 and 12/24/96.
*** One month LIBOR rate as of April 20, 1995 plus 25 basis points.
The distribution of Notes will conform to the requirements set forth in the
applicable sections of Schedule E to the By-laws of the National
Association of Securities Dealers, Inc.
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