Pricing Supplement No. 17 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 $650,000,000 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 $650,000,000 aggregate principal amount of the Notes at a price of
99.935042% of their principal amount for resale at varying prices related to
prevailing market prices determined by J. P. Morgan 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 18, 2005
Initial Principal Amount: $650,000,000
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus
44 basis points (0.44%)
Interest Reset Dates: On the Issue Date and thereafter
quarterly on the 18th day of each
January, April, July and October,
until the Notes are paid in full
Interest Payment Dates: Quarterly on the 18th day of each
January, April, July and October,
beginning October 18, 2000,
and at Maturity
CUSIP No.: 345402 5H 0
Interest Determination Date: Two London banking days prior to
each Interest Reset Date
Reference Agent: The Chase Manhattan Bank
J.P. MORGAN & CO.