This Pricing Supplement, filed
pursuant to Rule 424(b)(2), relates to
Registration Statement No. 33-64215
and to each Prospectus dated 3/28/96
and to each Prospectus Supplement
dated 3/28/96
PRICING SUPPLEMENT TO PROSPECTUS SUPPLEMENT DATED
MARCH 28, 1996 TO PROSPECTUS DATED MARCH 28, 1996
Pricing Supplement 16
Dated: 05/21/96
Sears Roebuck Acceptance Corp.
Medium-Term Notes Series II
(Fixed Rate)
Due at least 9 Months from Date of Issue
Interest payable each May 15 and November 15 and at Maturity
Principal Amount of Note: $10,000,000
Settlement Date (Original Issue Date): 05/24/96
Maturity Date: 05/24/02
Interest Rate Per Annum: 6.86%
Specified Currency: US $
(If Other than U.S. Dollars, see attached)
Redemption Commencement Date: NOT APPLICABLE
Form of Purchased Notes: DTC
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.