Pricing Supplement No. 7 Dated May 8, 2000
(To Prospectus Dated January 6, 2000
and Prospectus Supplement Dated January 31, 2000)
Rule 424(b)(3)
Registration Stmt.
No: 333-91953
U.S.$12,000,000,000
Ford Motor Credit Company
Medium-Term Notes Due More Than
9 Months From Date of Issue
Ford Credit 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. J. P. Morgan Securities Inc. has agreed to
purchase $100,000,000 aggregate principal amount of the Notes at a price of
99.981% of their principal amount for resale at an initial offering price of
100% of their principal amount. After the initial public offering, the offering
price may be changed. Ford Credit may, without the consent of the holders of the
Notes, issue additional notes with the same ranking and the same interest rate,
maturity and other terms as the Notes. Any additional notes will, together with
the Notes, be a single series of notes under the Indenture. No additional notes
may be issued if an Event of Default has occurred with respect to the Notes.
Issue Date: May 11, 2000
Maturity Date: May 10, 2002
Initial Principal Amount: $100,000,000
Interest Rate Basis: LIBOR Telerate having an
Index Maturity of
three months plus
13 basis points (0.13%)
Interest Reset Dates: On the Issue Date and
thereafter quarterly
on the 10th day of each
February, May, August and
November, until the Notes
are paid in full
Interest Payment Dates: Quarterly on the 10th day
of each February, May,
August and November,
beginning August 10,
2000, and at Maturity
CUSIP No.: 345402 4Z1
Interest Determination Date: Two London banking days
prior to each Interest
Reset Date
Reference Agent: The Chase Manhattan Bank
J. P. MORGAN & CO.
