Rule 424 (b) (3)
Registration No. 333-87793
PRICING SUPPLEMENT NO. 2687 DATED June 13, 2000
TO PROSPECTUS SUPPLEMENTAL DATED October 8, 1999
AND BASE PROSPECTUS DATED October 7, 1999
Issuer: National Rural Utilities CFC
Principal Amount: $100,000.00
Issue Price: 100% of Principal Amount
Original Issue Date: 06/16/00
Maturity Date: 05/15/01
Interest Rate: 7.21% per annum
Record Dates: Each January 1 and July 1
Interest Payment Dates: Each January 15 and July 15
Redeemable Date: None
Agents Commission: None
Form of Note: Certificated
(Book-Entry or Certificated)
Other Terms: None
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 $6,112,868,000 Series C have been issued.