FORD MOTOR CREDIT CO
424B3, 1996-11-15
PERSONAL CREDIT INSTITUTIONS
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Pricing Supplement No. 10 Dated November 12,1996
(To Prospectus and Prospectus Supplement 
Dated October 10, 1995)                         Rule 424(b)(3)
                                             Registration Statement
                                                 No. 33-55945
                             
        
                 FORD MOTOR CREDIT COMPANY             
            Euro Medium-Term Notes Due from 9 Months
               to 30 Years from Date of Issue


     Ford Motor Credit Company ("Ford Credit") has designated Japanese Yen
10,000,000,000 aggregate principal amount of its Euro Medium-Term Notes Due
from 9 Months to 30 Years from Date of Issue having specific terms set forth
below (the "Notes"). CS First Boston Limited has agreed to purchase the
Notes at a price of 100.00% of their principal amount for resale at an
initial public offering price of 100.00% of their principal amount.  After
the initial public offering, the offering price may be changed.  


Issue Date:              November 26, 1996.

Principal Amount:        Japanese Yen 10,000,000,000.

Interest Rate:           2.10% per annum           
                                     
            
Interest Payment Dates:  The 26th day of November of each year, commencing
                         November 26, 1997.
                          

Maturity Date:           November 26, 2001.

ISIN:                    XS0071335458

Listing:                 The Notes will not be listed on the Luxembourg Stock
                         Exchange or any other stock exchange.
         

                   CS FIRST BOSTON LIMITED

                              


             

       



                       






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