Pricing Supplement No.2 Dated February 24, 2000
(To Prospectus Dated January 6, 2000 and
Prospectus Supplement Dated January 31, 2000)
Rule 424(b)(3)
Registration Statement
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 Motor Credit Company has designated $500,000,000 aggregate principal
amount of its Medium-Term Notes Due More Than 9 Months From Date of Issue having
the specific terms set forth below. Credit Suisse First Boston Corporation,
Lehman Brothers Inc., J. P. Morgan Securities Inc. and Salomon Smith Barney
Inc. severally have agreed to purchase $500,000,000 aggregate principal amount
of the Notes at a price of 99.957% 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: February 29, 2000
Maturity Date: May 20, 2002
Principal Amount: $500,000,000
Interest Rate Basis: LIBOR Telerate having an Index
Maturity of three months plus 11
basis points (0.11%)
Interest Reset Dates: On the Issue Date and thereafter
quarterly on the 20th day of each
February, May, August and November,
until the Notes are paid in full
Interest Payment Dates: Quarterly on the 20th day of each
February, May, August and November,
beginning May 20, 2000, and
at Maturity
CUSIP No.: 345402 4V 0
Interest Determination
Date: Two London banking days prior to
each Interest Reset Date
Reference Agent: The Chase Manhattan Bank
CREDIT SUISSE FIRST BOSTON LEHMAN BROTHERS
J. P. MORGAN & CO. SALOMON SMITH BARNEY