INTERNATIONAL LEASE FINANCE CORP
424B3, 1997-02-14
EQUIPMENT RENTAL & LEASING, NEC
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                                                            Rule 424(b)(3)
                                       Registration Statement No. 33-62649

Pricing Supplement No. 106
Dated February 12, 1997

(To Prospectus dated June 14, 1996 and
Prospectus Supplement dated February 10, 1997)


                  INTERNATIONAL LEASE FINANCE CORPORATION

                              $910,580,000
                        Medium-Term Notes, Series H

Principal Amount: $5,000,000

Issue Price: $5,000,000

CUSIP: 45974VRM2

Settlement Date:        February 18, 1997

Stated Maturity (date): August 19, 1998

Interest Rate: 5.81%

Overdue Rate (if any): Not applicable

Redeemable by the Company on or after: Not applicable

Repayable at the option of the holder on: Not applicable

Optional Reset Dates: Not applicable

Extension Periods: Not applicable

Final Maturity: Not applicable

Repurchase Price (for Original Issue Discount Notes): Not applicable

Type of Note (check one):
      Book-Entry Note  _X___
      Certificated Note____

Other Provisions:



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