Pricing Supplement No. 67 Dated April 23, 1997
(To Prospectus and Prospectus Supplement
Dated October 24, 1996)
Rule 424(b)(3)
Registration Statement
U.S.$5,000,000,000 No. 33-64237
FORD MOTOR CREDIT COMPANY
Medium-Term Notes Due from 9 Months
to 30 Years from Date of Issue
Ford Motor Credit Company ("Ford Credit") has designated $200,000,000
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, for sale at a
price of 100% of the principal amount. See the accompanying Prospectus and
Prospectus Supplement for further information regarding the Floating Rate
Notes described in this Pricing Supplement.
Issue Date: April 29, 1997
Principal Amount: $200,000,000
Interest Rate Basis: LIBOR having an
Index Maturity of three months
plus 16 basis points.
Interest Reset Dates Quarterly on the 29th day of the months of April,
July, October and January beginning July 29, 1997.
Interest Payment Dates: Quarterly on the 29th day of the months of April,
July, October and January beginning July 29, 1997,
and at Stated Maturity.
Stated Maturity: April 29, 2002
Reference Agent: The Chase Manhattan Bank
The Notes described herein are being offered through the Agents named below,
who have agreed to use their best efforts to solicit purchases of such Notes.
GOLDMAN, SACHS & CO. MERRILL LYNCH & CO.
LEHMAN BROTHERS SALOMON BROTHERS INC
