PROSPECTUS and PRICING SUPPLEMENT NO. 1
PROSPECTUS SUPPLEMENT, each effective at 9:45 am ET
Dated September 3, 1996 Dated 10 September 1996
CUSIP: 24422EGW3 Commission File No.: 333-10561
Filed pursuant to Rule 424(b)(3)
U.S. $1,108,850,000
JOHN DEERE CAPITAL CORPORATION
MEDIUM-TERM NOTES, SERIES C
due from 9 Months to 30 Years from Date of Issue
(Floating Rate Notes)
Original Issue Date: 13 September 1996
Maturity Date: 14 September 1998
Principal Amount: $200,000,000
Interest Rate Basis: USD-LIBOR-Telerate
Index Maturity: 3 Month
Spread: Minus 1 basis point (-0.01%)
Initial Interest Determination Date: 11 September 1996
Day Count Convention: Actual/360
Interest Reset Dates: Quarterly on the fourteenth
of December, March, June &
September commencing on the
Date of Issue
Interest Determination Dates: Two business days preceding
such Interest Reset Dates
Interest Payment Dates: Quarterly on the fourteenth
of December, March, June and
& September commencing
December 16, 1996
Redemption Provisions: None
Plan of Distribution: J. P. Morgan Securities Inc.
has purchased the Senior Notes
as principal at a purchase
price of 99.992%
of the aggregate principal
amount of the Senior Notes.
J. P. Morgan Securities Inc.
r:word/data/pricsupp/jdccflg
