PROSPECTUS and PRICING SUPPLEMENT NO. 21
PROSPECTUS SUPPLEMENT, each effective at 4:15 PM ET
Dated September 3, 1996 Dated June 4, 1997
CUSIP: 24422EHT9 Commission File No.: 333-10561
Filed pursuant to Rule 424(b)(3)
U.S. $313,850,000
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: 11 June 1997
Maturity Date: 11 June 1999
Principal Amount: $50,000,000
Interest Rate Basis: USD-LIBOR-Telerate
Index Maturity: 3 Month
Spread: Minus 10 Basis Points
Initial Interest Determination Date: 9 June 1997
Day Count Convention: Actual/360
Interest Reset Dates: 10 September 1997, 10 December 1997
11 March 1998, 11 June 1998,
11 September 1998,
11 December 1998 and 11 March 1999.
Interest Determination Dates: Two London Banking Days
preceding such Interest
Reset Dates
Interest Payment Dates: 10 September 1997, 10 December 1997
11 March 1998, 11 June 1998,
11 September 1998, 11 December 1998
11 March 1999 and at maturity.
Redemption Provisions: None
Plan of Distribution: Goldman Sachs & Co.
has purchased the Senior Notes
as principal at a purchase
price of 99.94365% of the
aggregate principal amount
of the Senior Notes.
Goldman Sachs & Co.
r:finance\mtn\jdccflglibor.doc
