FEDERATED INVESTMENT PORTFOLIOS
NSAR-A, 1998-01-29
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<PAGE>      PAGE  1
000 A000000 11/30/97
000 C000000 0001001525
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FEDERATED INVESTMENT PORTFOLIOS
001 B000000 811-07461
001 C000000 4122881432
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
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007 C010100  1
007 C020100 BOND INDEX PORTFOLIO
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007 C010500  5
007 C010600  6
007 C010700  7
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008 B00AA01 A
008 C00AA01 801-80880
008 D01AA01 PITTSBURGH
008 D02AA01 PA
008 D03AA01 15222
008 D04AA01 3779
008 A00AA02 U.S. TRUST COMPANY OF NEW YORK
008 B00AA02 S
008 C00AA02 801-0000
008 D01AA02 NEW YORK
008 D02AA02 NY
008 D03AA02 10036
008 D04AA02 1532
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
<PAGE>      PAGE  2
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02266
015 C04AA01 8600
015 E01AA01 X
015 A00AA02 BANKERS TRUST CO.
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10015
015 E01AA02 X
015 A00AA03 BANK OF NEW YORK
015 B00AA03 S
015 C01AA03 NEW YORK
015 C02AA03 NY
015 C03AA03 10006
015 E01AA03 X
015 A00AA04 THE CHASE MANHATTAN CORPORATION
015 B00AA04 S
015 C01AA04 NEW YORK
015 C02AA04 NY
015 C03AA04 10006
015 E01AA04 X
015 A00AA05 MORGAN GUARANTY BANK & TRUST CO.
015 B00AA05 S
015 C01AA05 NEW YORK
015 C02AA05 NY
015 C03AA05 10015
015 E01AA05 X
015 A00AA06 NATIONSBANK OF NORTH CAROLINA
015 B00AA06 S
015 C01AA06 CHARLOTTE
015 C02AA06 NC
015 C03AA06 28255
015 E01AA06 X
015 A00AA07 PNC BANK, NA
<PAGE>      PAGE  3
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022 A000001 B.T. SECURITIES CORP.
022 B000001 13-4941247
022 C000001    146910
022 D000001         0
022 A000002 CITICORP SECURITIES MARKETS, INC.
022 B000002 13-5266470
022 C000002      9038
022 D000002      1169
022 A000003 GOLDMAN, SACH & CO.
022 B000003 13-5108880
022 C000003      4024
022 D000003      5213
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004      3343
022 D000004      1098
022 A000005 J.P. MORGAN SECURITIES, INC.
022 B000005 13-3224016
022 C000005      2345
022 D000005       470
022 A000006 LEHMAN BROTHERS, INC.
022 B000006 13-2518466
022 C000006      2495
022 D000006         0
022 A000007 NOMURA SECURITIES INTERNATIONAL, INC.
022 B000007 13-2642206
022 C000007      2466
022 D000007         0
022 A000008 CS FIRST BOSTON CORP.
022 B000008 13-5659485
022 C000008      1230
022 D000008       410
<PAGE>      PAGE  4
022 A000009 GRUNTAL & CO., INC.
022 B000009 13-3179859
022 C000009       431
022 D000009       930
022 A000010 UBS SECURITIES, INC.
022 B000010 13-2932996
022 C000010       580
022 D000010       745
023 C000000     174411
023 D000000      11378
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   S. ELLIOTT COHAN                             
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   01                                             
     <NAME>                     Federated Investment Portfolios                
                                Bond Index Portfolio                           
                                                                               
<PERIOD-TYPE>                   6-mos                                          
<FISCAL-YEAR-END>               May-31-1998                                    
<PERIOD-END>                    Nov-30-1997                                    
<INVESTMENTS-AT-COST>           56,694,493                                     
<INVESTMENTS-AT-VALUE>          57,937,367                                     
<RECEIVABLES>                   685,021                                        
<ASSETS-OTHER>                  4,006                                          
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  58,626,394                                     
<PAYABLE-FOR-SECURITIES>        1,250,801                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       0                                              
<TOTAL-LIABILITIES>             1,250,801                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        57,375,593                                     
<SHARES-COMMON-STOCK>           0                                              
<SHARES-COMMON-PRIOR>           0                                              
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         0                                              
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        0                                              
<NET-ASSETS>                    57,375,593                                     
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               1,640,425                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  49,599                                         
<NET-INVESTMENT-INCOME>         1,590,826                                      
<REALIZED-GAINS-CURRENT>        83,903                                         
<APPREC-INCREASE-CURRENT>       1,280,541                                      
<NET-CHANGE-FROM-OPS>           2,955,270                                      
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       0                                              
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         0                                              
<NUMBER-OF-SHARES-REDEEMED>     0                                              
<SHARES-REINVESTED>             0                                              
<NET-CHANGE-IN-ASSETS>          17,145,248                                     
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       0                                              
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           62,000                                         
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 158,178                                        
<AVERAGE-NET-ASSETS>            49,328,443                                     
<PER-SHARE-NAV-BEGIN>           0.000                                          
<PER-SHARE-NII>                 0.000                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.000                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             0.000                                          
<EXPENSE-RATIO>                 0.20                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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