PROSPECTUS and PRICING SUPPLEMENT NO. 3
PROSPECTUS SUPPLEMENT, each effective at 12:30 PM ET
Dated June 18, 1997 Dated July 16, 1997
CUSIP: 24422EHW2 Commission File No.: 333-10561
Filed pursuant to Rule 424(b)(3)
U.S. $2,188,850,000
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: 21 July 1997
Maturity Date: 19 July 2002
Principal Amount: $55,000,000
Interest Rate Basis: USD-LIBOR-Telerate
Index Maturity: 3 Month
Spread: Plus 12 Basis Points
Initial Interest Determination Date: 17 July 1997
Day Count Convention: Actual/360
Interest Reset Dates: Quarterly on the 21st of
January, April, July, and
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 21st of January,
April, July, and October,
commencing on 21 October 1997
and at maturity.
Redemption Provisions: None
Plan of Distribution: J. P. Morgan Securities Inc.
has purchased the Senior Notes
as principal at a purchase
price of 100% of the
aggregate principal amount
of the Senior Notes.
J. P. Morgan Securities Inc.
r:finance\mtn\jdccflglibor.doc