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Rule 424(b)(3)
Registration No. 33-50463
PRICING SUPPLEMENT NO. 2034 DATED DECEMBER 14, 1997
TO PROSPECTUS SUPPLEMENTAL DATED NOVEMBER 12, 1997
AND BASE PROSPECTUS DATED NOVEMBER 5, 1997
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<S> <C>
Issuer: National Rural Utilities CFC
Principal Amount: $ 1,000,000.00
Issue Price: 100% of Principal Amount
Original Issue Date: 12/17/97
Maturity Date: 04/15/99
Interest Rate: 5.950% per annum
Record Dates: Each January 1 and July 1
Interest Payment Dates: Each January 15 and July 15
Redeemable Date: None
Agent's Commission: None
Form of Note
(Book-Entry or Certificated): Certificated
Other Terms: None
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Medium-Term Notes, Series C may be issued by the Company in an
aggregate principal amount of up to $1,550,000,000 and, to date,
including this offering, an aggregate of $329,886,000 Medium-Term
Notes, Series A, $620,114,000, Series B, and $1,271,254,000 Series C
have been issued.
