PRICING SUPPLEMENT NO. 68 Rule 424(b)(3)
DATED: February 24, 2000 File No. 333-83049
(To Prospectus dated August 9, 1999
and Prospectus Supplement dated August 9, 1999)
$7,878,183,000
THE BEAR STEARNS COMPANIES INC.
MEDIUM-TERM NOTES, SERIES B
Principal Amount: $15,000,000 Floating Rate Notes [ ] Book Entry Notes [x]
Original Issue Date: 3/22/2000 Fixed Rate Notes [x] Certificated Notes [ ]
Maturity Date: 3/22/2010 CUSIP#: 073928NM1
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
Applicable Only to Fixed Rate Notes:
- -----------------------------------
Interest Rate: 8.00%
Interest Payment Dates: **
Applicable Only to Floating Rate Notes:
- --------------------------------------
Interest Rate Basis: Maximum Interest Rate:
[ ] Commercial Paper Rate Minimum Interest Rate:
[ ] Federal Funds Rate Interest Reset Date(s):
[ ] Treasury Rate Interest Reset Period:
[ ] LIBOR Reuters Interest Payment Date(s):
[ ] LIBOR Telerate
[ ] Prime Rate
[ ] CMT Rate
Initial Interest Rate: Interest Payment Period:
Index Maturity:
Spread (plus or minus):
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
* Commencing March 22, 2002 and on the 22nd of each March and September
thereafter, the Notes may be called in whole at par at the option of the
Company on eight days calendar notice.
** Commencing September 22, 2000 and on the 22nd of each March and September
thereafter until Maturity or until the Notes are called.
