RNS No 1112v
TOYOTA MOTOR CREDIT CORPORATION
8th July 1997

To:    Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
08-Jul-97.

Issue:              TOYOTA MOTOR CREDIT CORPORATION - SERIES 67
                    DEM80,000,000 (MTN) FRN DUE 10/10/1997

ISIN NO:            XS0053506977
Issue Nominal:      DEM80,000,000
Period:             10-Jul-97           To    10-Oct-97
Number of Days:     92
Rate:               3.125     PCT
Denomination:       DEM500,000
Amount Payable      
Per Denomination:   DEM3,993.06


From:
John Patten
Global Trust Services, 380B
Telephone           44 (0) 1202 347935
Facsimile           44 (0) 1202 347939


END
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