PROSPECTUS and Pricing Supplement No. 033
PROSPECTUS SUPPLEMENT, each Effective at 8:44 A.M.
Dated October 24, 1996 February 4, 1997
U.S. $5,000,000,000 Rule 424 (b)(3)
Registration
FORD MOTOR CREDIT COMPANY Statement No.
33-64237
MEDIUM-TERM NOTES
Due from 9 Months to 30 Years from Date of Issue
Interest payable each March 15 and September 15 and at Maturity
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Interest Rate
Range of Maturities Per Annum
- ------------------- ----------------
More than 9 months to less than 1 year .......... 2.55%
1 year to less than 18 months................... 3.00
18 months to less than 2 years................... 3.05
2 years to less than 3 years..................... NA
3 years to less than 4 years..................... 6.25
4 years to less than 5 years..................... 6.40
5 years to less than 6 years..................... 6.55
6 years to less than 7 years..................... 6.60
7 years to less than 8 years..................... 6.70
8 years to less than 9 years..................... 6.80
9 years to less than 10 years.................... 6.85
10 years to less than 15 years................... 6.90
15 years to less than 20 years................... NA
20 years to less than 25 years................... NA
25 years to less than 30 years................... NA
30 years......................................... NA
The interest rates on the Medium-Term Notes may be
changed by Ford Motor Credit Company from time to time, but any
such change will not affect the interest rate on any Medium-Term
Note ordered prior to the effective time of the change.
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GOLDMAN, SACHS & CO. MERRILL LYNCH & CO.
LEHMAN BROTHERS SALOMON BROTHERS INC.
SMITH BARNEY INC.
