PROSPECTUS and PROSPECTUS SUPPLEMENT,
each dated August 6, 1993
PRICING SUPPLEMENT NO. 28
Effective at 9:50 am ET
Date: 2 March 1995
Comm. File No.: 33-66082
Filed pursuant to Rule
424(b)(3)
U. S. $258,850,000
JOHN DEERE CAPITAL CORPORATION
MEDIUM-TERM NOTES, SERIES B
Due from 9 Months to 30 Years From Date of Issue
(Floating Rate Notes)
Original Issue Date: 9 March 1995
Maturity Date: 8 March 1996
Issue Price: 100%
Floating Rate Basis: USD-LIBOR-Telerate
Index Maturity: Thirty (30) days
Spread: Flat
Spread Multiplier: ------
Initial Interest Determination Date: 7 March 1995
Maximum Interest Rate: ------
Minimum Interest Rate: ------
Interest Payment Dates: Interest will be payable in U.S. dollars
on 15 Mar 95, 19 Apr 95, 17 May 95,
21 Jun 95, 19 Jul 95, 16 Aug 95, 20 Sep 95,
18 Oct 95, 15 Nov 95, 20 Dec 95, 17 Jan 96,
21 Feb 96, and on Maturity date.
Interest Determination
Date: The Interest Determination Date pertaining
to an Interest Reset Date shall be the day
that is two London banking days preceding
such Interest Reset Date. As used herein,
"London banking day" means any day on which
commercial banks are open for business
(including dealings in foreign currency
deposits)in London. The following dates
apply to this note: 7 Mar 95, 17 Apr 95,
15 May 95, 19 Jun 95, 17 Jul 95, 14 Aug 95,
18 Sep 95, 16 Oct 95, 13 Nov 95, 18 Dec 95,
12 Jan 96, 16 Feb 96.
Interest Reset Dates: The rate of interest on each Floating Rate
Note will be reset monthly. The "Interest
Reset Date" will be the previous interest
payment date.
Redemption Provisions: None.
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