Pricing Supplement No.7 Dated November 3, 1999
(To Prospectus and Prospectus Supplement
Dated May 27, 1999)
U.S.$8,000,000,000 Rule 424(b)(3)
Registration Statement
Ford Motor Credit Company No. 333-75177
Medium-Term Notes Due More Than
9 Months From Date of Issue
Ford Motor Credit Company has designated $125,000,000 aggregate principal
amount of its Medium-Term Notes Due More Than 9 Months From Date of Issue having
the specific terms set forth below. Bear, Stearns & Co. Inc. has agreed to
purchase the Notes at a price of 99.825% of their principal amount for resale at
varying prices related to prevailing market prices determined by Bear, Stearns &
Co. Inc. at the time of resale.
Issue Date: November 8, 1999.
Maturity Date: November 24, 2003.
Principal Amount: $125,000,000.
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus
25 basis points.
Interest Reset Dates: On the Issue Date and thereafter
quarterly on the 24th day of
February, May, August and
November, commencing February 24,
2000 until the Notes are paid in
full.
Interest Payment Dates: Quarterly on the 24th day
of February, May, August and
November, commencing February 24, 2000.
CUSIP No.: 345402 4J7
Reference Agent: The Chase Manhattan Bank.
BEAR, STEARNS & CO. INC.
