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Rule 424(b)(3)
Registration No. 333-53819
CUSIP #:63743HCA8
PRICING SUPPLEMENT NO. 2201 DATED OCTOBER 14, 1998
TO PROSPECTUS SUPPLEMENTAL DATED JUNE 16, 1998
AND BASE PROSPECTUS DATED JUNE 5, 1998
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<S> <C>
Issuer: National Rural Utilities CFC
Principal Amount: 25,000,000.00
Issue Price: 100% of Principal Amount
Original Issue Date: 10/19/98
Maturity Date: 10/20/2003
Interest Rate: 5.300% 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: 0.500%
Form of Note
(Book-Entry or Certificated): Book-Entry
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 $3,050,000,000 and, to date,
including this offering, an aggregate of $329,886,000 Medium-Term
Notes, Series A, $620,114,000, Series B, and $2,096,909,000 Series C
have been issued.
