Pricing Supplement No.8 Dated November 9, 1999
(To Prospectus and Prospectus Supplement Dated May 27, 1999)
U.S.$8,000,000,000
Rule 424 (b)(3)
Registration Statement
No. 333-75177
Ford Motor Credit Company
Medium-Term Notes Due More Than
9 Months From Date of Issue
Ford Motor Credit Company has designated $25,000,000 aggregate principal
amount of its Medium-Term Notes Due More Than 9 Months From Date of Issue having
the specific terms set forth below. Chase Securities Inc. has agreed to purchase
the Notes at a price of 99.855% of their principal amount for resale at varying
prices as determined by Chase Securities Inc. at the time of resale.
Issue Date: November 12, 1999.
Maturity Date: January 15, 2003.
Principal Amount: $25,000,000.
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus
20 basis points, except that the
interest rate in effect for the
period from and including the
Issue Date to but not including
January 18, 2000 shall be 6.315%
per annum.
Interest Determination
Date: Two London banking days prior to Interest
Reset Date.
Interest Reset Dates: On January 18, 2000 and
thereafter quarterly on the
15th day of April, July, October
and January,commencing April 15,
2000 until the Notes are paid in
full.
Interest Payment Dates: On January 18, 2000 and
thereafter quarterly on the
15th day of April, July,
October and January,
commencing April 15, 2000.
CUSIP No. 345402 4K4
Reference Agent: The Chase Manhattan Bank.
CHASE SECURITIES INC.