RULE 424(b)(3)
REGISTRATION NO. 333-86615
PRICING SUPPLEMENT NO. 4
TO PROSPECTUS DATED OCTOBER 6, 1999
(As Supplemented October 6, 1999)
IBM CREDIT CORPORATION
MEDIUM-TERM NOTES
(Fixed Rate Note)
(Due from 9 months to 30 years from date of issue)
Designation: Fixed Rate Original Issue Date:
Medium Term Notes Due December 10, 1999
December 11, 2000
Principal Amount: $100,000,000 Maturity Date:
December 11, 2000
Issue Price (as a percentage of Regular Record Dates:
Principal Amount): 100.00% Fifteenth calendar day, whether
or not a Business Day, prior to
the corresponding Interest Payment
Date.
Interest Rate: 6.21% Interest Payment Dates:
Semiannually, on the 11th of June
and December, commencing
June 11, 2000.
Redemption Provisions: None
Commission or Discount (as Denominations: $1,000 and
a percentage of Principal integral multiples of $1,000
Amount): 0.00% in excess of such amount.
CUSIP: 449 22Y AU2
Form:[X] Book-Entry
[ ] Certificated
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INTRODUCTION
This is a Pricing Supplement. It describes the Fixed Rate Notes
being issued under the Medium Note Program of IBM Credit Corporation.
This document adds to, or 'supplements' the description of the Notes
referred to in the accompanying Prospectus Supplement and Prospectus.
It does so by providing specific information about the Notes issued in
this particular transaction. This Pricing Supplement also amends the
Prospectus Supplement and Prospectus to the extent that the description
of the Notes in this Pricing Supplement is different from the terms
which are set forth in the Prospectus Supplement and Prospectus.
INTEREST
Interest on the Notes will be calculated based on a year of 360 days
consisting of 12 months of 30 days each.
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 day which is
a Business Day. No additional interest will accrue as a result of the
delay in payment. For purposes of this offering, the term "Business Day"
means each day on which commercial banks and foreign exchange markets
settle payments in The City of New York. We have capitalized a number
of terms in this document. If you do not see a definition for those
terms in this document, those terms will have the meanings which we have
already given to them in the Prospectus Supplement and the Prospectus.
REDEMPTION
The Notes are not redeemable by the Company.
PLAN OF DISTRIBUTION
The Notes will be sold to Salomon Smith Barney Inc. at the
Issue Price set forth at the top of this Pricing Supplement.
They in turn, will resell the Notes to investors at varying prices,
which prices may be subject to prevailing market conditions
at the time of resale.
Dated: December 7, 1999
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