424B3 1 PRICING SUPPLEMENT NO. 189 PROSPECTUS and Pricing Supplement No.189 PROSPECTUS SUPPLEMENT, each Effective at 1:27 p.m. Dated May 4, 1994 March 29, 1995 U.S. $6,000,000,000 Rule 424 (b)(3) Registration FORD MOTOR CREDIT COMPANY Statement No. 33-53101 MEDIUM-TERM NOTES Due from 9 Months to 30 Years from Date of Issue Interest payable each March 15 and September 15 and at Maturity --------------- Interest Rate Range of Maturities Per Annum ------------------- ---------------- More than 9 months to less than 1 year .......... 2.55% 1 year to less than 18 months................... 3.00 18 months to less than 2 years................... 3.05 2 years to less than 3 years................... 6.95 3 years to less than 4 years..................... 7.15 4 years to less than 5 years..................... 7.35 5 years to less than 6 years..................... 7.50 6 years to less than 7 years..................... 7.55 7 years to less than 8 years..................... 7.60 8 years to less than 9 years..................... 7.65 9 years to less than 10 years.................... 7.70 10 years to less than 15 years................... 7.75 15 years to less than 20 years................... NA 20 years to less than 25 years................... NA 25 years to less than 30 years................... NA 30 years......................................... NA The interest rates on the Medium-Term Notes may be changed by Ford Motor Credit Company from time to time, but any such change will not affect the interest rate on any Medium-Term Note ordered prior to the effective time of the change. --------------- GOLDMAN, SACHS & CO. MERRILL LYNCH & CO. DAIWA SECURITIES AMERICA INC. NOMURA SECURITIES INTERNATIONAL, INC.