Pricing Supplement No.11 Dated November 17, 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 $100,000,000 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. and Merrill. Lynch,
Pierce, Fenner & Smith Incorporated severally have agreed to purchase
$50,000,000 aggregate principal amount of the Notes at a price of 99.9630% 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: November 23, 1999.
Maturity Date: November 23, 2001.
Principal Amount: $100,000,000.
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus
13 basis points.
Interest Determination Two London banking days prior to an
Date: Interest Reset Date.
Interest Reset Dates: Quarterly on the 23rd day of each
November, February, May and August,
commencing November 23, 1999.
Interest Payment Dates: Quarterly on the 23rd day of each
February, May, August and November,
commencing February 23, 2000.
Reference Agent: The Chase Manhattan Bank.
Chase Securities Inc. Merrill Lynch & Co.