PROSPECTUS and PRICING SUPPLEMENT NO. 7
PROSPECTUS SUPPLEMENT, each effective at 10:45AM ET
Dated September 3, 1996 Dated 3 October 1996
CUSIP: 24422EHC6 Commission File No.: 333-10561
Filed pursuant to Rule 424(b)(3)
U.S. $718,850,000
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: 8 October 1996
Maturity Date: 8 October 1998
Principal Amount: $50,000,000
Interest Rate Basis: USD-LIBOR-Telerate
Index Maturity: 3 Month
Spread: Plus 0 basis points (0.00%)
Initial Interest Determination Date: 4 October 1996
Day Count Convention: Actual/360
Interest Reset Dates: Quarterly on the eighth
of January, April, July
& October commencing on
the Date of Issue.
Interest Determination Dates: Two London Banking Days
preceding such Interest
Reset Dates
Interest Payment Dates: Quarterly on the eighth of
January, April, July &
October commencing on
January 8, 1997.
Redemption Provisions: None
Plan of Distribution: Goldman, Sachs & Co.
has purchased the
Senior Notes
as principal at a purchase
price of 99.991% of the
aggregate principal amount
of the Senior Notes.
Goldman, Sachs & Co.
r:finance\mtn\jdccflg.doc
