
	Rule 424(b)(3)
	Registration Statement No. 333-75177

Pricing Supplement No. 5 Dated September 28, 1999

(To Prospectus and Prospectus Supplement Dated May 27, 1999)

U.S. $8,000,000,000

FORD MOTOR CREDIT COMPANY

Medium-Term Notes Due More Than

9 Months From Date of Issue

Ford Motor Credit Company has designated $2,000,000,000 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 has agreed to purchase the Notes at a price of 100% of their principal amount for resale at varying prices related to prevailing market prices determined by Credit Suisse First Boston Corporation at the time of resale.

Issue Date: September 30, 1999.

Maturity Date: October 2, 2000.

Principal Amount: $2,000,000,000.

Interest Rate Basis: LIBOR Telerate having an Index Maturity of three months minus 1 basis point.

Interest Reset Dates: On the Issue Date and thereafter quarterly on the 30th day of the months of December 1999, March 2000 and June 2000.

Interest Payment Dates: Quarterly on the 30th day of the months of December 1999, March 2000, June 2000 and at Maturity.

Reference Agent: The Chase Manhattan Bank.

CREDIT SUISSE FIRST BOSTON


	Issue Date: September 30, 1999.

	Maturity Date: October 2, 2000.

	Principal Amount: $2,000,000,000.


	Interest Rate Basis:	LIBOR Telerate having an Index Maturity of three months minus 1 basis point.


	Interest Reset Dates:	On the Issue Date and thereafter quarterly on the 30th day of the months of December 1999, March 2000 and June 2000.


	Interest Payment Dates:	Quarterly on the 30th day of the months of December 1999, March 2000, June 2000 and at Maturity.