PROSPECTUS and PRICING SUPPLEMENT NO. 11
PROSPECTUS SUPPLEMENT, each effective at 3:05PM ET
Dated September 3, 1996 Dated January 10 1997
CUSIP: 24422EHG7 Commission File No.: 333-10561
Filed pursuant to Rule 424(b)(3)
U.S. $568,850,000
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: 15 January 1997
Maturity Date: 15 January 2002
Principal Amount: $25,000,000
Interest Rate Basis: USD-LIBOR-Telerate
Index Maturity: 3 Month
Spread: 14 Basis Points
Initial Interest Determination Date: 13 January 1997
Day Count Convention: Actual/360
Interest Reset Dates: Quarterly on the fifteenth
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 fifteenth
of January, April, July &
October commencing on
April 15, 1997.
Redemption Provisions: None
Plan of Distribution: J. P. Morgan Securities Inc.
has purchased the Senior Notes
as principal at a purchase
price of 99.9136% of the
aggregate principal amount
of the Senior Notes.
J. P. Morgan Securities Inc.
r:finance\mtn\jdccflglibor.doc
