Pricing Supplement No.6 Dated October 20, 1998
(To Prospectus and Prospectus Supplement
Dated March 26, 1998)
Rule 424(b)(3)
Registration Statement
No. 333-41059
U.S.$5,000,000,000
FORD MOTOR CREDIT COMPANY
Medium-Term Notes Due from
9 Months to 30 Years
from Date of Issue
Ford Motor Credit Company has designated $100,000,000 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. Lehman Brothers Inc. has agreed to
purchase the Notes at a price of 99.825% of their principal amount for resale at
an initial public offering price of 100% of their principal amount.
After the initial public offering, the offering price may be changed.
Issue Date: October 23, 1998.
Principal Amount: $100,000,000.
Interest Rate Basis: LIBOR having an Index Maturity
of three months plus 34 basis
points.
Interest Reset Dates: On the Issue Date and thereafter
quarterly on the 23rd day of the
months of March, June,
September, and December
commencing December 23, 1998.
Interest Payment Dates: Quarterly on the 23rd day of the
months of March, June, September
and December except that the
final scheduled Interest Payment
Date shall be the Stated
Maturity.
Stated Maturity: September 25, 2000.
Reference Agent: The Chase Manhattan Bank.
LEHMAN BROTHERS
