SEARS ROEBUCK ACCEPTANCE CORP
424B2, 1995-08-18
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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     This Pricing Supplement, filed pursuant to Rule 424(b)(2), relates to 
Registration Statement No. 33-58139 and to each Prospectus dated 05/23/95
and to each Prospectus Supplement dated 06/16/95.


PRICING SUPPLEMENT TO PROSPECTUS SUPPLEMENT DATED
JUNE 16, 1995 TO PROSPECTUS DATED MAY 23, 1995
 
Pricing Supplement   11  
Date  08/17/95
                         Sears Roebuck Acceptance Corp.
                           Medium-Term Notes Series I
                                 (Floating Rate)
                    Due at least 9 Months from Date of Issue

Principal Amount of Note:                    $30,000,000       
Settlement Date (Original Issue Date):       08/21/95
Maturity Date:                               08/21/97
Specified Currency:                          US $
                   (If Other than U.S. Dollars, see attached)
Interest Rate Basis:               LIBOR     
        Spread Multiplier:  NA    Maximum Rate:  NA    Minimum Rate:  NA
Spread (plus or minus):            +.10%
Index Maturity:                    One (1) Month
Date Initial Interest Rate Set:    08/17/95
Interest Reset Date(s):            Third Wednesday of each month
Interest Determination Date(s):    Two business days prior to each Coupon
                                   Payment Date
Calculation Agent:                 Chase Manhattan Bank, N.A. 
Interest Payment Date(s):          Third Wednesday of each month
Regular Record Date(s):            15 days prior to each Interest Payment Date

Initial Interest Payment:          Third Wednesday of September
Designated CMT Maturity Index:
Designated CMT Telerate Page:
Form of Purchased Notes:           DTC
Redemption Commencement Date:      NOT APPLICABLE

Redemption Price:  If a Redemption Commencement Date is specified above, the
Redemption Price shall be - of the principal amount to be redeemed and shall 
decline at each anniversary of the Redemption Commencement Date by   -   of
the principal amount to be redeemed until the Redemption Price is 100% of
such principal amount.




                                                                         

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