424B3 1 mtn13678.txt Filed under Rule 424 (b)(3), File No. 333-132201 Pricing Supplement No. 12 - dated 06/19/2006 (To prospectus dated 03/07/2006 and prospectus supplement dated 03/30/2006) Toyota Motor Credit Corporation =================================================================== Purchasing Proceeds CUSIP Price to Agent's Before Number Public(1) Discount(1) Expenses(1) =================================================================== 89240ABM1 100% 0.625% 99.375% ------------------------------------------------------------------- =================================================================== Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option =================================================================== 5.500% Semi-Annual 07/20/2009 Yes ------------------------------------------------------------------- Medium-Term Note, Series B - TMCC CoreNotes - Fixed Rate. ------------------------------------------------------------------- Interest Payment Dates: The 20th day of July and January of each year commencing 01/20/2007, and at Maturity. Redemption Information: Redeemable in whole at the option of Toyota Motor Credit Corporation on 07/20/2007 and each Interest Payment Date thereafter, at a price equal to 100%, with not less than 30 calendar days' prior notice nor more than 60 calendar days' prior notice. -------------------------------------------------------------------- =================================================================== Purchasing Proceeds CUSIP Price to Agent's Before Number Public(1) Discount(1) Expenses(1) =================================================================== 89240ABN9 100% 1.100% 98.900% ------------------------------------------------------------------- =================================================================== Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option =================================================================== 5.750% Monthly 07/20/2012 Yes ------------------------------------------------------------------- Medium-Term Note, Series B - TMCC CoreNotes - Fixed Rate. ------------------------------------------------------------------- Interest Payment Dates: The 20th day of each month commencing 08/20/2006, and at Maturity. Redemption Information: Redeemable in whole at the option of Toyota Motor Credit Corporation on 07/20/2007 and each Interest Payment Date thereafter, at a price equal to 100%, with not less than 30 calendar days' prior notice nor more than 60 calendar days' prior notice. ------------------------------------------------------------------- ==================================================================== Purchasing Proceeds CUSIP Price to Agent's Before Number Public(1) Discount(1) Expenses(1) =================================================================== 89240ABP4 100% 1.500% 98.500% ------------------------------------------------------------------- =================================================================== Interest Interest Stated Rate Per Payment Maturity Survivor's Annum Frequency Date Option =================================================================== 6.000% Quarterly 07/20/2016 Yes ------------------------------------------------------------------- Medium-Term Note, Series B - TMCC CoreNotes - Fixed Rate. ------------------------------------------------------------------- Interest Payment Dates: The 20th day of each October, January, April, and July commencing 10/20/2006, and at Maturity. Redemption Information: Redeemable in whole at the option of Toyota Motor Credit Corporation on 07/20/2008 and each Interest Payment Date thereafter, at a price equal to 100%, with not less than 30 calendar days' prior notice nor more than 60 calendar days' prior notice. ------------------------------------------------------------------- ==================================================================== Toyota Motor Credit Corporation 19001 S. Western Ave Torrance, California 90509 Trade Date: 06/23/2006 Issue Date: 06/28/2006 Minimum Denominations/Increments: $1,000/$1,000 Original Issue Discount: No Form: Book-entry All trades settle without accrued interest and clear SDFS: DTC Book- entry only Merrill Lynch DTC Participant Number: 161 (1) Expressed as a percentage of the minimum denomination Merrill Lynch & Co. Purchasing Agent Acting as Principal =======================================================================