Pricing Supplement No. 5 Dated January 10, 1994
(To Prospectus and Prospectus Supplement
Dated December 1, 1993)
Rule 424(b)(3)
Registration Statement
No. 33-51075
U.S.$3,000,000,000
FORD MOTOR CREDIT COMPANY
Medium-Term Notes Due from 9 Months
to 30 Years from Date of Issue
Ford Motor Credit Company has designated $50,000,000
aggregate principal amount of its Medium-Term Notes Due from 9
Months to 30 Years from Date of Issue having specific terms set
forth below. Goldman, Sachs & Co. have agreed to purchase the
Notes at a price of 99.65% of the principal amount for resale at
an initial public offering price of 100% of the principal amount.
After the initial public offering, the public offering price
may be changed. See the accompanying Prospectus and Prospectus
Supplement for further information regarding the Notes described
in the Pricing Supplement.
Issue Date: January 18, 1994
Principal Amount: $50,000,000
Interest Rate Basis: (a) For the period from and including
January 18, 1994 to but excluding
April 19, 1994, LIBOR having an
Index Maturity of three months as
determined on January 14, 1994 plus 25
basis points; and (b) thereafter, LIBOR
having an Index Maturity of three months
plus 25 basis points.
Interest Reset Dates The 19th day of the months of April,
for LIBOR: July, October and January during the
period commencing April 19, 1994 and
ending October 19, 1998.
Interest Payment Dates: The 19th day of the months of April,
July, October and January during the
period commencing April 19, 1994 and
ending October 19, 1998, and at Stated
Maturity.
Stated Maturity: January 19, 1999
Reference Agent: Chemical Bank
GOLDMAN, SACHS & CO.
