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Rule 424(b)(3)
Registration No. 333-87793
CUSIP # 63743HCU4
PRICING SUPPLEMENT NO. 2540 DATED January 19, 2000
TO PROSPECTUS SUPPLEMENTAL DATED OCTOBER 8, 1999
AND BASE PROSPECTUS DATED OCTOBER 7, 1999
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION
Medium-Term Notes, Series C
With Maturities of Nine Months or More from Date of Issue
Floating Rate Notes
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<S> <C>
Principal Amount: $500,000,000.00
Issue Price: 100% of Principal Amount
Original Issue Date: 1/24/2000
Maturity Date: 1/24/2001
Initial Interest Rate: Determined as described below
Base Rate: LIBOR Telerate
Spread: Minus 5 basis points
Index Maturity: 3 Months
Record Dates: On the 9th of each April, July, October,
and January
Interest Payment Dates: On the 24th of April, July, October, and
the Maturity Date, commencing April 24,
2000
Reset Period: Quarterly
Interest Reset Dates: On the 24th of each April, July, and
October, commencing January 24, 2000
Redemption Date: None
Agent's Discount or
Commission: 0.050%
Agent(s): J.P. Morgan & Co. ($250,000,000)
Lehman Brothers ($250,000,000)
Capacity: Principal
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 $8,050,000,000 and, to date,
including this offering, an aggregate of $329,886,000 Medium-Term
Notes, Series A, $620,114,000, Series B, and $5,382,101,000 Series C
have been issued.
