Rule 424(b)(3)
Registration No. 333-26211
PRICING SUPPLEMENT NO. 8 TO PROSPECTUS DATED JUNE 27, 1997
IBM CREDIT CORPORATION
MEDIUM-TERM NOTES
(Variable Rate Note)
(Due One Year or More from Date of Issue)
Designation: Variable Rate Original Issue Date:
Medium-Term Notes Due July 31, 1997
July 31, 1998
Principal Amount: $100,000,000 Maturity Date:
July 31, 1998
Issue Price (as a percentage of Regular Record Dates:
Principal Amount): 100.00% Fifteenth calendar day, whether or not
a Business Day, immediately preceding
the corresponding Interest Payment
Date
Interest Rate: Prime Interest Payment Dates:
Daily Weighted Average Quarterly on the 30th of each October,
- -283.5 bp (Prime Rate Index January and April commencing
source Fed H.15 on Telerate October 30, 1997 and on the maturity
pg 125) date.
Commission or discount (as a CUSIP: 449 22L 4C7
percentage of Principal
Amount): 0%
Redemption Provision: N/A
Form: [X] Book-Entry
[ ] Certified
This Pricing Supplement supplements and, to the extent inconsistent
therewith, amends the description of the Notes referred to above in the
accompanying Prospectus Supplement and Prospectus.
INTEREST
Interest on the Notes will be calculated based on a year of 360 days
consisting of 12 months and the actual number of days occurring in any such
month.
If any payment of principal or interest is due on a day that is not a
Business Day, that payment may be made on the next succeeding Business
Day, additional interest will accrue as a result of the delay in
payment. For purposes of the offering made hereby, "Business Day" as used
herein and in the accompanying Prospectus Supplement means each day on
which commercial banks and foreign exchange markets settle payments in The
City of New York. Capitalized terms used but not defined herein have the
meanings assigned in the accompanying Prospectus Supplement and
Prospectus.
PLAN OF DISTRIBUTION
The Notes will be sold to Lehman Brothers Inc. for resale to one or more
investors at a fixed public offering price. After the initial public offering
of the Notes, the public offering price and any concession or discount may be
changed.
Dated: July 28, 1997
