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Rule 424(b)(3)
Registration No. 33-50463
PRICING SUPPLEMENT NO. 1255 DATED FEBRUARY 16, 1995
TO PROSPECTUS SUPPLEMENT DATED APRIL 20, 1994
AND BASE PROSPECTUS DATED OCTOBER 22, 1993
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION
Medium-Term Notes, Series C
Due Nine Months or More from Date of Issue
Floating Rate Notes
Principal Amount: $ 50,000,000.00
Issue Price: 100% of Principal Amount
Original Issue Date: 2/28/95
Maturity Date: 2/27/98
Interest Rate: Three-month LIBOR rate plus 13 basis points
per annum (actual / 360 day basis)
Record Dates: On the 12th of each May, August, November,
and February
Interest Payment Dates: On the 27th of each May, August, November,
and February
Interest Reset Dates: On the 27th of each May, August, November,
and February
Interest Determination Dates: On the second London business day prior to
each interest reset date
Redeemable Date: None
Agent's Commission: 0.108%
Form of Note
(Book-Entry or Certificated): Book-entry
Other Terms: For this specific issuance, the company has
appointed Bear Stearns as agent pursuant to an
agency letter agreement that incorporates the
terms of the existing agency agreement.
Medium-Term Notes, Series C may be issued by the Company in an aggregate
principal amount of up to $400,000,000 and, to date, including this offering,
an aggregate of $329,886,000 Medium-Term Notes, Series A, $620,114,000,
Series B, and $329,419,000, Series C have been issued.
