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Pricing Supplement No. 2 Filing under Rule 424(b)(3)
Dated October 23, 1998 Registration No. 33-84536
(Prospectus dated January 30, 1996 and
Prospectus Supplement dated March 20, 1997)
$12,000,000
CAMDEN PROPERTY TRUST
Medium-Term Notes, Series A
Fixed Rate Note
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<S> <C> <C> <C>
Principal amount: $12,000,000 Floating Rate Notes: N/A
Interest Rate (if fixed rate): 6.92% Interest rate basis: N/A
Stated Maturity: October 23, 2000 Commercial Paper Rate:
Specified Currency: U.S. Dollar Prime Rate:
Applicable Exchange Rate (if any): N/A LIBOR:
U.S. $1.00 = N/A Treasury Rate:
Issue price (as a percentage CD Rate:
of principal amount): Varying amounts Federal Funds Rate:
Selling Agent's commission (%): N/A Other:
Purchasing Agent's discount (%): 0.25% Index Maturity: N/A
Net proceeds to the Company (%): 99.75% Spread: N/A
Settlement date (original Spread Multiplier: N/A
issue date): October 23, 1998 Maximum Rate: N/A
Redemption Commencement Minimum Rate: N/A
Date (if any): October 23, 1998 Initial Interest Rate: N/A
Interest Determination Date(s): N/A Interest Reset Date(s): N/A
Calculation Date(s): N/A Interest Determination Date(s): N/A
Interest Payment Dates: March 15 & Calculation Date(s): N/A
Sept. 15 Interest Payment Date(s): N/A
Regular Record Dates: March 1 & Regular Record Date(s): N/A
Sept. 1
Agents Capacity: Agent
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Redemption prices (if any): means an amount equal to the sum of (i) 100%
of the unpaid principal amount to be redeemed, (ii) a Make Whole Amount (as
further described in the Prospectus Supplement), and (iii) accrued interest to
the date of redemption.
Additional terms:
As of the date of this Pricing Supplement, the aggregate initial public
offering price (or its equivalent in other currencies) of the Notes (as defined
in the Prospectus Supplement) which have been sold (including the Notes to which
this Pricing Supplement relates) is $12,000,000 "N/A" as used herein means "Not
Applicable." "A/S" as used herein means "As stated in the Prospectus Supplement
referred to above."
Merrill Lynch & Co.
Warburg Dillon Reed LLC
