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Pricing Supplement No. 5 Dated March 28, 1996 Rule 424(b)(3)
(To Prospectus dated February 23, 1996 as File No. 333-00973
supplemented by Prospectus Supplement dated
February 26, 1996)
$75,000,000
Public Service Company of Oklahoma
Medium-Term Notes, Series A
Principal Amount: $10,000,000 Interest Rate: 6.43%
Selling Agent's Commission: .51 % Maturity Date: 3-30-2000
Purchasing Agent's Discount:N/A % Original Issue Date: 4-2-96
Net Proceeds to Issuer: 9,949,000.00 Issue Price: 100%
Reallowance: N/A%
Selling Concession: N/A%
Interest Payment Dates: February 1 and August 1
Initial Interest Payment Date: August 1, 1996
Regular Record Dates: January 15 next preceding a February 1 Interest
Payment Date or July 15 next preceding an
August 1 Interest Payment Date
Redemption:
[ X] The Notes cannot be redeemed prior to Stated Maturity
[ ] The Notes may be redeemed prior to Stated Maturity
In Whole: Yes ____ No ____
In Part: Yes ____ No ____
Initial Redemption Date: __________________
Redemption Limitation Date: _______________
Annual Redemption Percentage Reduction: _______% until Redemption
Percentage is 100% of the principal amount.
Optional Repayment:
[ X] The Notes cannot be repaid prior to Stated Maturity.
[ ] The Notes can be repaid prior to Stated Maturity at the option of
the holder of the Notes.
Optional Repayment Dates:
Repayment Price: ____%
Election Period: From ________ to _________
Form: [X] Book Entry [ ] Certificated
Agent(s): [ X ] Smith Barney Inc.
[ ] Morgan Stanley & Co.
Incorporated
[ ] Other __________
Agent acting in the capacity as indicated below:
[ X ] Agent [ ] Principal
Other Provisions: Chemical Bank in New York, New York has been appointed
paying agent and authenticating agent for the Notes.
N/A means "Not Applicable".
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR BY ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OF THIS PRICING SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
