INTERNATIONAL LEASE FINANCE CORP
424B3, 1998-11-05
EQUIPMENT RENTAL & LEASING, NEC
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                                                            Rule 424(b)(3)
                                       Registration Statement No. 333-45101

Pricing Supplement No. 36
Dated November 3, 1998

(To Prospectus dated March 10, 1998 and
Prospectus Supplement dated March 10, 1998)


                  INTERNATIONAL LEASE FINANCE CORPORATION

                              $1,000,000,000*
                        Medium-Term Notes, Series J

Principal Amount: $50,000,000

Issue Price: $50,000,000

CUSIP: 45974VVV7

Settlement Date:        November 6, 1998

Stated Maturity (date): November 8, 1999

Interest Rate: 4.8500%

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:
*The aggregate principal amount of International Lease Finance Corporation
Medium -Term Notes, Series J was increased from $750,000,000 to $1,000,000,000
effective September 24, 1998.


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