Pricing Supplement No. 16 Dated July 12, 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 $300,000,000 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
$300,000,000 aggregate principal amount of the Notes at a price of 99.85988% of
their principal amount for resale at varying prices related to prevailing market
prices determined by Chase Securities Inc. at the time of resale. 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 class
of the series of Medium-Term Notes under the Indenture. No additional notes may
be issued if an Event of Default has occurred with respect to the Notes.
Issue Date: July 17, 2000
Maturity Date: July 19, 2004
Initial Principal Amount: $300,000,000
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus
35 basis points (0.35%)
Interest Reset Dates: On the Issue Date and thereafter
quarterly on the 19th day of each
January, April, July and
October, until the Notes are paid in full
Interest Payment Dates: Quarterly on the 19th day of each
January, April, July and October,
beginning October 19, 2000,
and at Maturity
CUSIP No.: 345402 5G 2
Interest Determination Date: Two London banking days prior to
each Interest Reset Date
Reference Agent: The Chase Manhattan Bank
Chase Securities Inc.