NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
10-K, EX-23, 2000-08-29
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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EXHIBIT 23



Consent of Independent Public Accountants

     As independent public accountants, we hereby consent to the
incorporation of our report included in this Form 10-K into the Company's
previously filed Registration Statement No. 333-68645, Registration
Statement No. 333-87793, Registration Statement No. 333-96507, Registration
Statement No. 33-79326 and Registration Statement No. 33-77784.




/s/  ARTHUR ANDERSEN LLP




Vienna, VA
August 29, 2000




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